Home Improvement Loans | Elements Financial

Home Improvement Loans

Your home is an important part of your life. Now that you are ready to put your home improvement plans into action, the next step is to decide how you will fund them.

Our Home Improvement Loans help you update your home now and pay for them on your own time depending on your specific needs.



Elements Financial’s Home Improvement Loans

Fixed Rate Home Improvement LoanHome Improvement Loan 5/1 ARM and 10/1 ARM
  • An unsecured loan that provides easy access to up to $25,000 for your home improvement project.

Call your Elements Mortgage Loan Originator or the Elements Mortgage Hotline at (800) 561-9433 to get your application started.

Or apply online for your unsecured, Fixed Rate Home Improvement Loan.

  • A secured loan allowing you to borrow up to 133% of the current value of your home (up to $250,000) for your home improvement project.
  • A good option if you don't have sufficient equity in your home.

Call your Elements Mortgage Loan Originator or the Elements Mortgage Hotline at (800) 561-9433 to get your application started.

Or apply online for your secured, 5/1 or 10/1 ARM Home Improvement Loan.


Current Home Improvement Rates

Payments shown do not include taxes and insurance premiums. Each individual's Annual Percentage Rate (APR) is determined by the applicant's credit history. Not all applicants will qualify for our displayed lowest rates.

Unsecured Loans Rate APR
Fixed Rate Home Improvement Loan 6.000% 6.039%

Maximum Loan Amount of $25,000. Fees: $125 processing fee applies to all Fixed Rate Unsecured Home Improvement Loan applications.


Secured Loans Rate Points APR Months Payment
Home Improvement Loan 5/1 ARM (5 yrs fixed rate/10 yrs variable) 6.500% 0.000 6.619% 1-60 $435.55
- * * 61-180 *
Home Improvement Loan 10/1 ARM (10 yrs fixed rate/5 yrs variable) 7.000% 0.000 7.121% 1-120 $449.41
- * * 121-180 *

Annual Percentage Rate. Combined Loan to Value 101% to 133%. Maximum Loan Amount of $250,000. APRs above are calculated using loan amounts of $50,000, credit score of 740 or greater and loan to value of greater than 100% for a single family residence. The APRs for Home Equity Loan 10/1 ARM and Home Equity Loan 5/1 ARM are variable and are based on The Wall Street Journal Prime Rate as published on the 1st business day of every month plus or minus a margin and will vary with the Prime Rate, but will not exceed 18%. Payments for the variable portion of the loans will depend on the then current index, margin and remaining outstanding loan balance. Programs, rates, terms and conditions are subject to change without notice. Cumulative loan to value and loan to value ratios, margins, rates, and payment amount may be higher or lower than the advertised rate and payment amount. Fees: A $375 processing fee applies to all Secured Home Improvement Loans plus applicable state-specific and title insurance fees may apply.

Loan Amounts and APR based on Term and Credit Score. Additional terms and conditions apply. Subject to credit approval. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. Consult a tax advisor for further information regarding deductibility of interest and charges.