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Home improvement and renovation loan

Are you planning to remodel your home and need a home improvement loan? Whether you intend to undertake small refurbishments or complete a major overhaul, you can apply for financing from us. Read more about your options and apply for a home improvement loan that suits your particular needs.

Unsecured home improvement loans for smaller refurbishments

Family painting - small

FlexiCredit allows you to finance smaller home improvements and repairs. FlexiCredit requires no collateral.

  • Loan amount: from 2,000 euros to 50,000 euros
  • Loan period: 1–8 years
  • Refurbishment examples: painting and wallpapering, a small kitchen or bathroom renovation.

Secured home improvement loans for larger renovation projects

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Secured loans are suitable for mid-sized and large renovation projects. Secured loans always require collateral.

  • Loan amount: more than 15,000 euros
  • Loan period: 1–20 years
  • Renovation examples: renovating the kitchen or bathroom, replacing windows and doors

Renovation loan for major overhauls to improve your home's infrastructure

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A renovation loan is a loan intended for modernising a home. A renovation loan always requires collateral.

  • Loan amount: depends on the project
  • Loan period: 1–35 years
  • Renovation examples: replacing the heating or electrical system, renovating the roof.

What is the difference between secured and unsecured home improvement loans?

An unsecured home improvement loan doesn’t require any collateral from you,

unlike a secured home improvement loan, which you will always need to secure with collateral. Assets that can serve as collateral include the home you’re renovating, an investment property or other assets, such as deposits.

Read more about collateral

Home improvement loan for your new home

Can I take out a home improvement loan and a home loan?

We can discuss a home improvement loan when you’re set to buy a new home. Read our instructions for different situations:

First-time home buyer

Are you a first-time home buyer and have found a home that needs remodelling?

First fill in a home loan application online.Opens new window

When we negotiate on a home loan with you, you can describe the renovations you’re planning. We will present you with a suggestion based on your renovation needs and the property.

Home buyer with an existing home loan

If you want to remodel your current home before selling it, you can apply for a home improvement loan in the form of unsecured FlexiCredit, a secured loan or a renovation loan.

If you want to renovate your future home, describe your renovation plans during our loan negotiations.

Home improvement loan for your existing home
Home modernisation

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Read more about the different options we offer:

Energy-efficient renovations

An energy-efficient renovation replaces systems or structures to improve your home’s energy efficiency. You can get a loan from us for energy-efficient renovations with a lower margin than for regular renovations.

Read more about energy-efficient renovations

Credit card

If you need to buy renovation supplies or new furniture, a credit card may prove handy. Many credit cards come with useful insurance policies and allow you to make purchases covered by the Finnish Consumer Protection Act.

Explore our credit cards


Have you repaid your home loan almost completely? HomeFlex is a loan that allows you to release equity from your home when it’s completely or nearly debt-free. You can use the loan to finance major renovations, such as new pipelines, for example.

Learn more about HomeFlex

Frequently asked questions about home improvement loans

In focus

Read our tips and advice for home improvements: