Bank Loan For Home Renovation
Same day funds up to $5,000
Same day funds up to $5,000
When unexpected expenses arise, knowing your financing options can make all the difference. Many Australians find themselves exploring terms like 'bank loan for home renovation' or 'renovation loan for house' to secure funds for home improvements. However, the traditional route often means waiting weeks or even months for approval. At Fundo, we believe that if you're an everyday Australian in need of quick support, accessing financial help should be straightforward and hassle-free. As a non-traditional finance company, we prioritize making loans accessible and fast, especially for short-term needs like renovations.
Applying for a short-term loan at Fundo is designed to be simple and transparent. Here’s how we make the process easy for you:
At Fundo, we’re committed to empowering Australians with the financial resources they need for home renovations. Why keep searching for bank renovation loans when you can apply with us? Plus, our self-service dashboard helps you monitor your loan and repayment plans easily, while offering insightful financial wellness tips.
Many borrowers look for the best loan offers when planning for home renovations. At Fundo, we provide loans specifically designed for your needs. With our loans, you can:
Fundo even offers the opportunity to improve your Fundo Score by demonstrating responsible borrowing behaviour. You can boost your chances of future loan approvals by making on-time repayments and leaving feedback about your experience with us. It's worth mentioning that if you’re at least 18 years old, currently living in Australia, and have a stable income of at least $1,000 per fortnight, you may qualify for funding.
Why wait any longer? Don’t let the search for 'fast loans online' or 'best home improvement loans' delay your renovation plans. Apply with Fundo today to secure the funding you need within moments of contract acceptance! Experience how effortless and friendly our loan process truly is.
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
Loan amount from $500 to $2000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2001 to $5000
Minimum 91+ days to maximum 2 years
$400 establishment fee, interest at
47.80% p.a. (comparison rate 66.58% p.a.)5
4 Fees are based on loan principal advanced.
5 The comparison rate is specific to a $2,500 loan over a two-year term with a $400 establishment fee and fortnightly repayments. Any deviation in loan amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
¹As soon as you sign your contract and if all other requirements have been met, we instantly send the funds to your nominated bank account. If your bank works with the New Payments Platform (NPP), most customers see funds in their account within 60 seconds. If your bank is not NPP enabled, or it is a weekend or a public holiday, the funds are usually received by the next business day. Fundo cannot guarantee that loan funds will be received within 60 seconds
²Applying for a loan with Fundo usually takes about 3 minutes. However, this time can change based on a few things, such as your typing speed, the device you're using, and whether you have all the necessary information ready to go.
³As the approval process is influenced by various external factors, we can't guarantee that you'll receive a decision on the same day. However, most of our customers do receive a same-day response to their application with Fundo, if they submit their loan application and all the requested supporting information by 4pm Sydney time during a regular business day.
We typically respond within 2 min or sooner.