Flexible Home Renovations Loans
Unlock your home's potential with a renovation loan. Benefit from quick approvals, personalised service, and the ability to create your dream space with ease.
Borrow between $5,000 up to $50,000*
Choose your term from 1 to 5 years
100% online
* The maximum loan amount is subject to affordability, suitability and verification.
Why Choose AFS for Your Home Renovation Loan
Transform Your Home with Confidence. A home renovation loan from AFS gives you the financial freedom to turn your vision into reality. Whether you’re updating a kitchen, adding a new room, or refreshing your outdoor space, our loans are designed to make your home improvement projects easier and more affordable.
Make Your Dream Space a Reality. With AFS by your side, you can confidently tackle your home renovation projects. Let us help you create the home you’ve always wanted, with financing that works for you.
Ready to Get Started? Explore our loan options and apply online today. Your dream home is just a few steps away!
Frequently Asked Questions (FAQs)
What types of renovation expenses are covered by a home renovations loan?
An AFS renovation loan could be used for all kinds of home renovations and, is not limited by the following:
- New Kitchens
- Conservatory Extensions
- Attic Extensions
- Solar Panels
- Bathroom Upgrades
- New Flooring or Carpets
- Roof Repairs
- Decking & Landscaping
- Swimming Pools
- Professional Building Work
- DIY Improvements
- House Painting
- Home Security Systems
Why use a home renovations loan?
A home renovations loan can provide the financial flexibility to turn your house into your dream home without the burden of upfront costs. You can distribute the expenses over a fixed term with repayments tailored to your financial situation. By investing in home improvements, you not only enhance your living space but may also increase your property's value, which could be advantageous if you consider selling in the future.
How long will it take to approve my loan application?
Once you’ve submitted your loan application, approval is conditional pending credit checks and verification of the information you have supplied. Approval is usually obtained within 48 hours, subject to satisfactory credit checks and verification of financial information. Your Loan Account Manager can provide more information about documenting your loan and the settlement process.
How do l qualify for a home renovations loan?
Anyone over 18 years of age who is a citizen or permanent resident currently living in Australia, can apply for an AFS unsecured personal loan. To be eligible, applicants need to be employed and earn a minimum of $530 per week.
What do l need to apply?
To ensure applying online is straight forward, we suggest you gather a few key documents so that you have the information at your fingertips.
Here is a checklist outlining all necessary information you should have at hand before applying.
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Your full name
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Your date of birth
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Your current driver's licence number and expiry date
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If you do not have a current driver's licence, then details of your passport including number, place of issue and expiry date.
Your Residential Details
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Your current residential details
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If you have not been living at your current address for at least 3 years, the details of your previous address
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If you have a mortgage, or have recently applied for a mortgage, the details of the monthly payments
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If you are renting or boarding, the details of your landlord/real estate agent including Name and Telephone Number.
