Online Banking

Home Improvement Loans
as low as
APR is Annual Percentage Rate. Rate effective as of 10/10/23. The 10.40% APR is for terms up to 84 months and assumes a 740 or higher credit score. For terms up to 120 months, rates are as low as 11.15% with a 740 or higher credit score. Some restrictions apply. Normal credit criteria apply for rate. Offer and rate subject to change without notice. Membership with Arkansas Federal is required for this offer.

Get prequalified online for up to $50,000

Upgrade your home—with no collateral required! From small projects to full-scale renovations, we make it easy to get the funds you need fast. With competitive rates, no up-front fees, and no equity requirements, it’s a great way to make upgrades simply and affordably.

Features & Benefits

No Collateral Needed

Get the funds you need—no collateral, appraisal, or costly refinancing required.

Various Loan Amounts

From big projects, small projects, and somewhere in between, we have loans from $5,000 to $50,000.

Affordable Payments

Rest easy knowing that your rate is fixed, and enjoy the same affordable monthly payment – no surprises!

Frequently Asked Questions

What is a Home Improvement Loan?

A home improvement loan is like a personal loan in that it is an unsecured (no collateral) loan that can be used for home renovations, repairs, and/or home purchases and repaid over a set length of time. It’s a smart alternative to high-interest credit cards, faster than tapping into home equity, and much less costly and time-consuming than a mortgage refinance.

What is a Home Improvement Loan from a Credit Union?

Borrowing power is based on personal financial history, credit score, and income. If approved, Arkansas Federal will provide your funds directly to the contractor instead of you, but you will be responsible for the repayment. If you need separate checks made for multiple contractor payments or multiple contractors, we can work through that with you, depending on your home improvement project.

Get started today. It's easy!

Apply online in under 20 minutes. There’s no cost to apply and the application process is easy.
Have questions? Call us at 800.456.3000 or visit your local branch.

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