Refresh home.
We’ll help make it dreamy.

A renovation can make you home feel brand new. Make your space one you don’t want to leave with a Rapid Loans renovation loan.

We are here to help

Renovation Loans

Turn your house into your dream home with a Rapid Loans renovation loan.

Regardless of your reason for your home renovation, Rapid Loans can help you pay for the costs with our renovation loan. Through our renovation loan, you won’t have to delay your home improvements while waiting for funds.

Our home renovation loans are specifically designed to help homeowners young and old to fix up their spaces through sufficient funding. They can be incredibly beneficial in helping you get funds quickly, especially in urgent situations such as broken faucets, electrical problems, roof leaks, or cracks in the foundation.

In situations like the ones mentioned above, repairs can’t be put off and you’ll want money fast. At Rapid Loans, we pride ourselves on our ability to issue cash loans quickly, upon approval of your application. Our application process is simple and takes just minutes to complete online – you can even apply from your phone! We aim to get our approved borrowers what they need in minimal time.

Our quick and easy online application for a renovation loan is simple and stress-free. Now you can be funded at the time you need to once your application is approved. If your loan application is approved, our renovation loan consultants will send your funds to your account. You can then pay the loan amount back in stages that best fit your financial situation. Rapid Loans offers repayment frequencies on a weekly, fortnightly or monthly basis.

Live Your Vision. You are worth it; your family is worth it. Imagine waking up to your dream space every day, having coffee and breakfast in your beautiful dining room or staying in your stylish bedroom a little longer with a book. Visualise that birthday party or reunion, inviting your dear friends and family to your lovely home and taking wonderful pictures of memories that will last a lifetime.

Sleep in peace knowing that your urgent repairs are taken care of. A lovely home is not just for aesthetics; having a space you love improves your mood every day. Rapid Loans offers you funds to help you on your journey towards home happiness. Take the first step today and find out exactly how we can help fund your renovation needs.


You’re our priority

If you’ve had an exhausting experience applying for a loan in another company, you’re in for a pleasant surprise at Rapid Loans.

Tailored renovation loans

We will tailor a renovation loan that will suit your specific needs. Simply apply online and one of our friendly and knowledgeable consultants will help find a beneficial renovation loan agreement for you.

Straightforward application

Through the straightforward Rapid Loans application process, you will be on your way to accomplishing your renovation goals, inviting friends over to see your newly improved home, and living the dream every day by having your desired space. If your application is approved, you should see your funds within 24 hours once your contract is signed.

How it works

Apply Online

Complete our easy online application form. Don’t worry, we only need the important stuff to get you moving.

Upload Documents

Upload your important docs via our secure online platform. We’ll tell you what you need, and it only takes a few minutes.

We’ll Get In Touch

Your application will be reviewed and one of our friendly loan consultants will be in touch soon!

Receive Funds

If approved, have your funds faster than you can say Rapid Loans! If you applied in the morning, they could hit your account the very same day.

We are here to help you

Frequent Questions

Find the answers you are looking for by browsing through a number of questions we get asked a lot.

How do home renovation loans work?

Home renovation loans are a type of loan that gives you funds to complete any home improvements and renovations. When considering whether to take a renovation loan with Rapid Loans, you should determine the scope and cost of the renovation and create a detailed budget for the project.

Your credit score is also important when considering taking out a renovation loan. It can affect the interest rate and loan terms you are offered. You should check your credit score before applying for a home renovation loan to ensure that there are no errors on your report.

When applying for renovation finance with Rapid Loans, as part of the process, we’ll ask you to provide a number of documents to ensure we know to whom we’d be lending the money, what your income is and other documents that might help us better understand you and your finance needs.

Once you’ve determined how much money you need, you’ve checked your credit score and can prove to us a few important things, it’s time to apply! Our online application is quick and easy to complete and if there is anything missing, one of our dedicated loan consultants will be in touch with you to talk about your loan for home renovation. If you are approved for a loan for home renovation, we ask that you review the loan offer carefully to ensure that you understand the terms and conditions and that you understand the repayment process.

If and when you accept the loan offer for renovation finance, you’ll need to complete the loan process by signing the loan agreement and providing any information for us to secure the loan. Before applying for a home renovation loan, make sure that you understand the repayment process and are confident that you can make the regular repayments.

Everyone has different circumstances and the points above are general information about how to get a home renovation loan. You should always consider your personal circumstances and ensure that Rapid Loans understands how you intend to use and pay back the loan for your renovation.

What can I use a renovation loan for?

A home renovation loan can be used for a wide range of home improvement projects, including:

– Kitchen remodelling
– Bathroom renovation
– Addition of new room
– Flooring replacement
– Roof replacement
– Electrical and plumbing upgrades
– Installation of energy-efficient systems
– Landscaping and outdoor living areas
– Painting and decorating
– Solar Panels and systems

It’s important to consult with local tradies and builders and obtain any necessary permits before starting any home renovation project to ensure that the project is completed in accordance with local regulations.

At Rapid Loans, we make home renovation loans accessible to help homeowners make improvements or repairs to their homes that increase the value of the property or improve the quality of life for the homeowner. Whether you’re looking to upgrade your kitchen, add a new room, or replace your roof, a home renovation loan can help you get the funds you need to complete your project.

Is a home renovation loan a good idea?

Whether a home renovation loan is a good idea depends on your individual circumstances and financial situation. There are some important factors to consider when deciding if a home renovation loan is the right choice for you:

Purpose of the renovation: If the renovation will increase the value of your home, it may be a good investment and a home renovation loan can be a good idea. However, if the renovation is not necessary or will not increase the value of your home, it may not be a good idea to take on additional debt.

Affordability: Consider the regular repayments you will need to make, and make sure you can comfortably afford the repayments without putting undue stress on your finances.

Repayment period: Consider the length of time you will need to repay the loan and make sure it fits within your financial goals and plans.

Impact on credit score: Taking out a loan can have an impact on your credit score, so make sure you understand the impact and are prepared to accept the consequences.

A loan for home renovation might be a good idea for you to make your space feel more like yours. It is important to do your due diligence and ensure you can comfortably pay back the renovation loan once you’ve taken it out and the renovation has started. Consider obtaining financial advice as to whether taking out a loan is right for you.

How much do I need to borrow for a home renovation?

The amount you need to borrow for a home renovation will depend on the scope of your project and the materials and labour costs involved. Here are some things you should consider when determining how much you need to borrow:

– Cost of materials: Determine the cost of all the materials you will need for your renovation, including flooring, cabinetry, fixtures, and appliances. It could be handy to get a quote from a local tradie or builder to help you understand what the cost of materials will be.
– Labour costs: Estimate the cost of labour, including the cost of hiring contractors, electricians, plumbers, and other professionals. Again, if you get a quote from a local contractor, they will outline their hourly rates for the project.
– Council permits and fees: Council may ask for payment to approve the new additions to your build or the modifications to your home. These costs could also include building permits, electrical permits, and plumbing permits.
– Contingency funds: Set aside a contingency fund to cover unexpected expenses, such as unanticipated repairs or changes to the project scope.
– Finishing touches: Don’t forget to include the cost of finishing touches, such as paint, wallpaper, furniture and accessories, in your budget.

Once you have an estimate of the total cost of your renovation, you can determine how much you need to borrow to cover the expenses. It’s important to remember that renovation projects often cost more than originally estimated, so it’s a good idea to borrow a little more than you think you’ll need to cover any unexpected expenses that may arise.

At Rapid Loans, when you apply for a renovation loan, we’ll outline all the information for you regarding interest rates and fees associated with your loan. This will help you understand the total cost of the loan and renovation giving you a more complete picture of the project.