Home Improvement Loan

Home Improvement Loan

Cash for home improvements

Funds For Repairs Or Upgrades. Use the money to repair something or simply upgrade what you’ve got to something better. The choice is yours!

As low as 8.99% APR*

Home Improvement Loan | No home equity? No problem.

Turn your Current Home into your Dream Home

Renovations can increase your home’s value. If your home is in need of a little TLC, but you don’t have substantial equity in your home yet, then a “No Equity” Home Improvement Loan could be what you need.

With an IFCU's Home Improvement Loan, your interest rate is typically lower than a credit card or home improvement store card. Plus, you’ll have set monthly payments and can pay off your loan faster – all while increasing your home’s value.

This loan could cover expenses like:

  • New appliances
  • New carpeting or flooring
  • Larger projects such as a new kitchen, bathroom, deck, pool, or gazebo
  • All materials, labor, and other expenses related to your home improvement project

Get started on your next project today.

Loan Features | No home equity? No problem.

  • Fixed rate loan
  • Unsecured loan
  • Terms from 12 to 60 months
  • Loan amounts from $3,000 to $15,000

Home Improvement Loan Rate

Rate as low as:
Home Improvement Loan8.99% APR*


What’s the max amount I can borrow?

With IFCU's Home Improvement Loan, you can borrow up to $15,000!

How much are closing costs?

There are NO closing costs associated with the Home Improvement Loan!

How long do I have to repay the loan?

We offer terms from 12, up to 60 months, based on approval.

Free Financial Calculators

Access our complete library of both loan and deposit calculators.


*Annual Percentage Rate (APR). All loans are subject to approval and individual rates may vary based on your credit score, terms, and underwriting conditions. Your actual rate may be higher. Typical repayment example for a loan of $7,000 at 8.99% APR is $145.27 a month for 60 months. Minimum loan amount is $3,000 and maximum loan amount is $15,000. This loan applies to owner occupied single-family primary residence. Proof of home improvement will be required before funds are disbursed, such as a bid, or quote. Certain restrictions may apply. We may offer other terms and conditions connected with this offer. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Call us at 765-771-8000 option 1 to talk to a consumer loan specialist for current rates, terms and conditions .


Online Banking

Securely log in by completing the form below.

Forgot Password

New to online banking?
Enroll Now

IFCU Scholarship

Online Banking

Securely log in by completing the form below.

Forgot Password

New to online banking?
Enroll Now

You are about to visit web.baconpay.com

You are leaving the Industrial Federal Credit Union website. The website you are linking to is not operated by Industrial Federal Credit Union. We are not responsible for any content or information posted to this external website. Industrial Federal Credit Union is not responsible for, nor do we represent you or the external website if you enter into any agreements.

Privacy and security policies may differ between our website and this external site.