Individual and their child looking at a house with solar panels.
Home Improvement Loans

Invest in your home

Make improvements to your home with flexible financing

Turn your home project ideas into reality with a home renovation loan, or switch to eco-friendly home products with our energy efficient loan. We specialize in understanding various UN contract terms, often enabling us to lend to more members at competitive rates.

More benefits

  • Board check.

    Apply for free

    Apply online or in person with no application fee or origination fee.

  • Checkmark.

    Repay your loan early

    There are no pre-payment penalties for paying back your loan before the end of your term.

  • Star reward.

    Earn rebates & extra dividends

    Your loan balance with us contributes to your eligibility for Member Loyalty Rewards.

  • People.

    Protect your loved ones

    Your loan includes free coverage in the event of your passing.

Home improvement loan details

Home renovation loan Energy efficiency loan

Loan amount

Home renovation loan

$500 to $150,0002

Energy efficiency loan

$500 to $150,0002 

Rate

Home renovation loan

Fixed starting at 10.25% APR1

Energy efficiency loan

Fixed starting at 8.75% APR1

Term

Home renovation loan

6 months to 15 years (shorter terms offer lower rates)

Energy efficiency loan

6 months to 15 years (shorter terms offer lower rates)

Collateral required

Home renovation loan

None

Energy efficiency loan

None

Decision time

Home renovation loan

As few as four business days

Energy efficiency loan

As few as four business days

Application fee

Home renovation loan

$0.00

Energy efficiency loan

$0.00

Pre-payment penalties

Home renovation loan

$0.00

Energy efficiency loan

$0.00

Origination fee

Home renovation loan

$0.00

Energy efficiency loan

$0.00

Disbursement time

Home renovation loan

As little as one business day3

Energy efficiency loan

As little as one business day3

Member Loyalty Rewards

Home renovation loan

Energy efficiency loan

Credit Life Protection

Home renovation loan

Energy efficiency loan

Credit Disability Debt Protection

Home renovation loan

Enroll for a fee

Energy efficiency loan

Enroll for a fee

Consistent monthly payment amounts

Home renovation loan

Energy efficiency loan

Board check.

Check your eligibility

Repaying what you borrow should never be a struggle. We evaluate each loan request based on factors that can affect your ability to repay. View eligibility criteria.

House with solar panel in nature.

Apply for a home improvement loan

Complete your online application 24/7 from anywhere in the world.

Top home improvement loan FAQs

These loans are a hybrid model. During the first two years of the loans, you can borrow up to your approved loan amount in any increment. You only pay interest on the amount you borrow. These characteristics are similar to a credit line. Unlike the other credit lines we offer, the amount you may borrow is not replenished with each payment.

All UNFCU loans are in US dollars (USD).

Unsecured loans are not backed by collateral. This means there is no asset for the lender to claim if the borrower is unable to pay back the loan. Our unsecured personal loan is an example of an unsecured loan.

A secured loan requires an asset as collateral. For example, a mortgage is a secured loan. The home being purchased is used as collateral to secure the mortgage. In the event the home buyer is unable to repay the mortgage, the lender can claim the property.

For unsecured loans and secured auto loans, the term of your loan is one of several factors that determine the rate. The term of the loan does not impact the rate for a secured with deposit loan. For lines of credit, including credit cards, term is not applicable. 

You can select your term as part of the application process. Loans with shorter terms usually have lower interest costs but higher monthly payments than loans with longer terms. Term options range from six to 180 months, depending on the loan. The loan officer who reviews your application may contact you to discuss a different term than the one you selected. This will be based on our assessment of how much you can afford to pay each month.

Please contact us as soon as possible to inform us of your future plans. If you receive a final entitlement, we may apply the full amount or a portion of it to cover the amount you owe. We will discuss your options with you.

Resources to help you get started

Visit the Help Center
Loans

Compare loans calculator

Loans

Required documents for your loan application

Loans

Loan payment calculator

Loans

View loan statements 

More ways to borrow

Browse multi-purpose loans and loans for specific purposes, all designed for the UN community.