The best personal loans for home improvement of October 2022

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Maybe you have a home improvement project in mind, such as building a deck, remodeling your bathroom, or replacing your roof, but you need money to complete the job. A personal loan could be a good option. A personal loan is a fixed-rate loan, often paid off in monthly installments with a variety of term length options.

If you’re looking for a solid personal loan lender for home improvement, here are several of the best places to begin your search.

LightStream
SoFi
Marcus by Goldman Sachs
Prosper
Avant
First Tech Federal Credit Union
Wells Fargo
Comparing personal loans for home improvement
LightStream (jump to Lightstream personal loan details »)

Why LightStream is worth it: LightStream’s minimum APR is the lowest of all the lenders on our list of top picks, making the overall cost of your loan less expensive. However, the lender has slightly stricter eligibility requirements than some of our other top picks, including several years of credit history, stable income, and few or no payment delinquencies on your credit report.

If you’re looking to borrow a large sum of money, LightStream’s maximum loan amount of $100,000 is on par with SoFi and is significantly higher than most of the other lenders on our list. 

What to look out for: LightStream is only available to borrowers with good credit. If your credit isn’t in …read more

Source:: Businessinsider

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