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Loan Direct

Home Renovation Loans

Loan Direct are experts in arranging quick renovation loans. We make it easy to get your home improvements sorted, without the hassle of a drawn-out process.

  • No quotes or valuations required (99% of the time)
  • Fast decisions*
  • 100% easy, online process (no tiresome paperwork)

Renovations are exciting. Brainstorming ideas, exploring options and bringing those plans to life is one of the best things about owning your own house. At the same time, you can protect your investment by tending to repairs, and creating a bespoke look and feel that’s uniquely you.

*Subject to responsible lending checks and lending criteria.

How Popular Are

Home Renovation Loans?

House Renovation Loans are becoming more and more popular with people setting up to work from home and also home-and-income solutions.

Because we’re spending more time at home, building projects have become a priority for property owners. Not only do renovations make staying at home more enjoyable, they add value to your asset.

As the housing market continues to reach new highs, investing in your home is an easy decision to make.

How Much Can I Borrow For A

Home Improvement Loan?

Loan amounts of up to $75,000 unsecured are available, and more by added security such as your home (this can be done without affecting your mortgage).

Our home improvement loan rates are highly competitive, and start at just 9.95%*.

Loan terms range from 6 months and go through to 7 years.

Having your home renovation loan approved ahead of time can help minimise the stress of renovating.

Renovation projects can be costly, so if you work out what you’ll need to borrow first and get approval before you start, you can move ahead with confidence.

*Subject to responsible lending checks and lending criteria.

Loan Direct

How Much Will My Repayments Be?

Our helpful team can provide you with a renovation loan estimate, so you know in advance what your repayments will be. We offer personalised interest rates that are tailored to each customer’s individual circumstances. Your Loan Consultant will explore all the viable avenues, so you have more borrowing options.

How Easy Is It To Get Approved For

A Home Improvement Loan?

Home improvement loans are like personal loans.

As long as you have a stable income and can afford to meet your repayments, it should be relatively easy to get your loan approved.

But of course, this depends on your financial circumstances. We take our Responsible Lending requirements seriously, so affordability is an important factor in eligibility.

How Easy Is It To Apply For A

Home Improvement Loan?

Apply in just a couple of minutes and one of our people will be in touch quickly to discuss your borrowing options with you, and try to have a loan approved within 1-2 hours*.

If you’re approved, money could be in your bank account the same business day or the next*. What’s more, everything is handled online.

We provide you with a secure link to complete so we can view your bank statements online, so there’s no need to download and email them to us.

*Subject to responsible lending checks and lending criteria.

Loan Direct

Unsecured Or Secured Home Renovation Loans

What’s The Difference?

An unsecured renovation loan does not require you to refinance or break mortgages and is a totally separate loan from your first mortgage. You don’t need to provide us with details of your renovation or have pre or post-valuations for us to release funds. We provide what you need in one lump sum at the start.

Generally, we can only arrange up to $75,000 as an unsecured loan. If your renovations are on a larger scale we will look to include your home as security on the loan. This can be done without affecting your existing home loan.

How Much Will You

Need To Borrow?

Enter the amount you need for your project into our loan calculator. Take into account materials, builders costs, other trade services like plumbers, electricians, tilers, and building consent costs. Then add on an extra 5-10% as a buffer (which can be paid back onto the loan if not needed).

Our loan calculator will give you an estimate of what your loan repayments could be. Your actual interest rate and repayments will depend on your financial situation, how much you want to borrow, and the term of your loan.

Our team prides itself on providing exceptional customer service and finding the right solutions for each client. Make sure you get the best options for you. Fill in our 2-minute application form, or phone one of our experienced Loan Consultants.

Loan Direct

Bank Said No?

Our loan company may be able to help. Typically banks require a loan-to-value ratio (LVR) of 80%, but we can work with less than that.

Our Loan Consultants will explain your options to you when you give us a call or apply online.

Make your home more enjoyable and create a beautiful, comfortable environment with a loan for DIY from Loan Direct.

Loan Direct

Why Loan Direct?

When borrowing money it pays to know the people you are dealing with. Loan Direct is highly reputable in the industry since 2008. Our experienced Loan Consultants look at all lending solutions and work hard to get you the best deal. Benefit from fairer terms, fees, interest rates and a team that cares.

Ready To Get Started

Visit our FAQs page to check out answers to our commonly asked questions


*Fixed interest rates range from 9.95% p.a. to a maximum of 35.50% p.a. on a minimum of 6 months to a maximum 84-month term.

Getting a Loan

Loansmart Limited (FSP #7461, trading as Loan Direct) holds a Full Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority to provide financial advice, and is a member of Financial Services Complaints Ltd, our FSCL Number is 617.


*Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months.