Financing Options
Multiple financing paths to fit your budget and remodeling goals. Compare rates, terms, and monthly payments.
Iron Crest Remodel works with trusted lending partners to offer Boise-area homeowners several financing options. Every option features competitive rates, clear terms, and no hidden fees.
Personal Home Improvement Loan
Unsecured personal loans are the fastest path to financing your remodel. No collateral needed, and approval decisions are typically made within 24 hours.
- Fixed monthly payments for predictable budgeting
- No home equity required
- Funds disbursed in as few as 3 business days
- No prepayment penalties
HELOC / Home Equity Options
Home equity lines of credit leverage your existing home value to provide flexible, low-rate funding. Ideal for larger renovations where you want to draw funds in stages.
- Lower interest rates backed by home equity
- Draw funds as needed during the project
- Interest-only payment options during draw period
- Potential tax-deductible interest (consult your tax advisor)
0% Interest Promotional Period
Our promotional 0% interest financing lets you spread payments across 12 to 18 months with zero interest charges. Available through select lending partners for qualified borrowers.
- No interest charges during promotional period
- Pay the full balance within the promo window to avoid deferred interest
- Available to qualified applicants with good credit
- Perfect for smaller to mid-range projects
The table below shows estimated monthly payments for common project sizes. Actual rates and terms depend on credit profile and loan type.
| Project Cost | Term | APR | Est. Payment |
|---|---|---|---|
| $10,000 | 60 months | 7.99% | $203/mo |
| $25,000 | 84 months | 8.99% | $402/mo |
| $50,000 | 120 months | 9.49% | $646/mo |
| $75,000 | 144 months | 7.49% | $680/mo |
* Payment examples are for illustrative purposes only. Actual rates, terms, and monthly payments may vary based on creditworthiness, loan amount, and lender requirements.
Which financing option is best for my project?
The best option depends on your project size, timeline, and financial situation. Personal home improvement loans work well for mid-range projects with fast funding needs. HELOC options offer lower rates for larger renovations if you have home equity available. Our team can review your project scope and help you compare options side by side.
What is the difference between a HELOC and a personal loan?
A HELOC (Home Equity Line of Credit) is secured by your home equity, which allows for lower interest rates and higher borrowing limits, but requires sufficient equity and a longer approval process. A personal home improvement loan is unsecured, meaning no collateral is needed, and funds are typically available within a few business days. Personal loans have fixed monthly payments, while HELOCs offer flexible draw-period payments.
Can I combine financing options?
In some cases, yes. Homeowners occasionally use a combination of a personal loan for immediate project costs and a HELOC for additional phases or upgrades. Your Iron Crest Remodel project manager can help you structure a financing plan that covers your full project scope across multiple products if needed.
Are there any origination fees?
Fee structures vary by lender and product. Many personal home improvement loans through our lending partners have no origination fees. HELOC products may include appraisal fees, closing costs, or annual fees depending on the lender. All fees are disclosed upfront before you commit to any financing agreement.
What credit score do I need to qualify?
Minimum credit score requirements depend on the financing product. Most personal home improvement loans require a score of 620 or higher, while HELOC products typically require 680 or above. Our lending partners work with a range of credit profiles, so we encourage all homeowners to apply and explore their options.
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