Home Improvement Loans
A Home Improvement loan is a loan used to improve your primary or secondary residence. Members owning a primary and/or secondary property are eligible. The loan can be a secured loan (collateral for the loan) or an unsecured loan (no collateral). Most home improvement loans require the borrower to fully describe the nature and scope of the work to be performed. Borrowers should have at least one preferred estimate, including as much detail as possible.
There are different terms and amount based on the type of loan – secured versus unsecured.