{"id":7094,"date":"2024-10-01T11:48:27","date_gmt":"2024-10-01T09:48:27","guid":{"rendered":"https:\/\/moneyhub.ee\/?p=7094"},"modified":"2025-02-04T12:36:49","modified_gmt":"2025-02-04T10:36:49","slug":"home-improvement-loans","status":"publish","type":"post","link":"https:\/\/moneyhub.ee\/en\/useful\/articles\/home-improvement-loans\/","title":{"rendered":"How to get a home improvement loan"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7094\" class=\"elementor elementor-7094\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b9f5979 e-flex e-con-boxed e-con e-parent\" data-id=\"b9f5979\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5a0c7143 elementor-widget elementor-widget-shortcode\" data-id=\"5a0c7143\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-792992bb e-flex e-con-boxed e-con e-parent\" data-id=\"792992bb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-31beaef8 ddddf e-flex e-con-boxed e-con e-child\" data-id=\"31beaef8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6cec9f28 elementor-widget elementor-widget-heading\" data-id=\"6cec9f28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are home improvement loans?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2a26d63e e-flex e-con-boxed e-con e-parent\" data-id=\"2a26d63e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-312e986f elementor-widget elementor-widget-image\" data-id=\"312e986f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2240\" height=\"1260\" src=\"https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8.png\" class=\"attachment-full size-full wp-image-7096\" alt=\"home improvement loans\" srcset=\"https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8.png 2240w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-300x169.png 300w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-1024x576.png 1024w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-768x432.png 768w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-1536x864.png 1536w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-2048x1152.png 2048w\" sizes=\"(max-width: 2240px) 100vw, 2240px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5154131b e-flex e-con-boxed e-con e-parent\" data-id=\"5154131b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7a230b88 elementor-widget elementor-widget-heading\" data-id=\"7a230b88\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A home improvement loan is designed to help you get more from your property, whether you're buying a new kitchen, fixing a leaky garage, or giving your property a new lease of life.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38b71099 elementor-widget elementor-widget-text-editor\" data-id=\"38b71099\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"font-weight: 400;\">What are home improvement loans?<\/span><\/h3><p><i><span style=\"font-weight: 400;\">Lenders issue Home improvement loans to homeowners who need money to make home repairs, improvements, or remodel their homes. A homeowner can either take an unsecured loan or use the equity in the home as collateral.<\/span><\/i><\/p><p><span style=\"font-weight: 400;\">A home improvement loan from residents who have a source of income, are at least 18 years of age and have an Estonian <a href=\"https:\/\/moneyhub.ee\/bank-accounts\/\">bank account<\/a>:<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loan amounts typically vary from \u20ac500 to \u20ac25,000<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It can be paid back in monthly repayments ranging from 1 month to 6 years.<\/span><\/li><\/ul><h3><span style=\"font-weight: 400;\">What are home improvement loans used for?<\/span><\/h3><p><span style=\"font-weight: 400;\">There are all types of uses for <a href=\"https:\/\/moneyhub.ee\/money\/loans\/\">home improvement loans<\/a>; whatever you need to do on your property is what these loans are designed for:\u00a0<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fixing a leaky roof<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fitting out a new kitchen<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Adding on a conservatory or extension<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Home improvements and maintenance<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Remodelling the property<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Whatever the reason for taking out a home improvement loan, most loan providers require applicants to have a steady monthly income to avoid our customers falling into financial difficulty when they repay. Should their customers experience difficulties with their repayments, they should contact the lender immediately so they can find a solution together.<\/span><\/p><h3><span style=\"font-weight: 400;\">Home repair loans in Estonia<\/span><\/h3><p><span style=\"font-weight: 400;\">Most home repair loans are unsecured, meaning that they do not require to provide equity as collateral.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/p><p><span style=\"font-weight: 400;\">If you meet the lending criteria then it\u2019s quick and easy to apply for a home repair loan, and, should your loan application is approved and you\u2019ve signed the loan agreement online, the money is usually transferred to desgineated current account.<\/span><\/p><p><b>MoneyHub experts advise:<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Think carefully about whether you can afford to repay the money you want to borrow and to be open in your dealings with lenders.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Take care of any online login details and other security information to help prevent fraud and help protect your data.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Please carefully check your balance statements to ensure they are accurate. If anything isn\u2019t right, please contact us.<\/span><\/li><\/ul><h3><span style=\"font-weight: 400;\">Paying off your home improvement loan<\/span><\/h3><p><span style=\"font-weight: 400;\">Multiple repayment options make it easier for borrowers to repay their home improvement loans and never miss a repayment.<\/span><\/p><p><span style=\"font-weight: 400;\">Either borrowers can have funds deducted directly from their <a href=\"https:\/\/moneyhub.ee\/online-accounts\/\">debit card<\/a> each month as a payment request, or they can create a standing order for scheduled monthly payments to repay the loan and interest.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Multiple repayment options allow borrowers to repay their loans or other existing lines of credit in several payments. Borrowers have up to 6 years to repay their loan or they can pay back in a shorter period.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A home improvement loan is designed to help you get more from your property, whether you&#8217;re buying a new kitchen, fixing a leaky garage, or giving your property a new lease of life.<\/p>\n","protected":false},"author":3,"featured_media":7096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[21,20],"tags":[],"class_list":["post-7094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-useful"],"acf":[],"blog_post_layout_featured_media_urls":{"thumbnail":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-150x150.png",150,150,true],"full":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8.png",2240,1260,false]},"categories_names":{"21":{"name":"Articles","link":"https:\/\/moneyhub.ee\/en\/category\/useful\/articles\/"},"20":{"name":"Useful Info","link":"https:\/\/moneyhub.ee\/en\/category\/useful\/"}},"tags_names":[],"comments_number":"0","rttpg_featured_image_url":{"full":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8.png",2240,1260,false],"landscape":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8.png",2240,1260,false],"portraits":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8.png",2240,1260,false],"thumbnail":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-150x150.png",150,150,true],"medium":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-300x169.png",300,169,true],"large":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-1024x576.png",800,450,true],"1536x1536":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-1536x864.png",1536,864,true],"2048x2048":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2024\/02\/MoneyHub-Special-Reports-Images-8-2048x1152.png",2048,1152,true]},"rttpg_author":{"display_name":"David Bailey","author_link":"https:\/\/moneyhub.ee\/en\/author\/davidbailey\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/moneyhub.ee\/en\/category\/useful\/articles\/\" rel=\"category tag\">Articles<\/a> <a href=\"https:\/\/moneyhub.ee\/en\/category\/useful\/\" rel=\"category tag\">Useful Info<\/a>","rttpg_excerpt":"A home improvement loan is designed to help you get more from your property, whether you're buying a new kitchen, fixing a leaky garage, or giving your property a new lease of life.","_links":{"self":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/posts\/7094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/comments?post=7094"}],"version-history":[{"count":0,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/posts\/7094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/media\/7096"}],"wp:attachment":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/media?parent=7094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/categories?post=7094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/tags?post=7094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}