Can You Finance Your Personal Expense like painting your house through Personal Loan?

Home / Blog / Can You Finance Your Personal Expense like painting your house through Personal Loan?
img
 
When you are the owner of a home and you need to paint or repaint your home interiors or exteriors, it mostly happens that you delay such renovations due to lack of availability of money. Now, you don't have to wait anymore!
 
You can now take home improvement loans to undertake home improvisation as well as painting your house without any delays. These loans are similar like home loans or personal loans but, with the only difference that the loan amount needs to be used only for renovating or painting your existing home. Here at Loans Paradise you can find Home Improvement loans. We avail you with a loan based on your income and minimum documentation. You can consider us when applying for a loan to paint your house. As well as, you can use a House Improvement loan for a lot of things, including painting your home, kitchen redesigning, replacing the cracked tiles or roof, and so much more. If you opt for the right lenders, then you can make renovation very memorable and enjoyable.
 
Painting your home both outside and in can refresh it’s look and feel like nothing else and create a festive environment too. Now, you don’t need to delay booking a paint job as you can get this unsecured loan approved in just five minutes. You can apply online for a personal loan with Loans Paradise to enjoy this benefit. You can also go to our website to use quickly and manage your loan account from your smartphone. But, make sure you fulfil all the eligibility parameters to ensure speedy approval. Water damage, septic system repairs and electrical issues can all cause problems and can be quite a bit expensive. So rather than compromising, you should get a home improvement loan to finance all this and more. Nowadays, you can access money from the loan in just 24 hours from the best lenders.
 

A house renovation loan comes with a lot of benefits, let us take a look at a some of them:

 
1. A significant loan-to-value proportion of up to hundred percent of the renovation estimate or ninety percent of the house value, whichever is lower, is possible.
2. A term of thirty years is quite possible.
3. Interest rates are very appealing.
4. There are several tax advantages on house loans.
5. A lot of lenders provide the facility of balance transfer.
6. Existing clients can get a benefit of little to no documentation process.
7.Both new and old clients of the bank can take advantage of the little documentation process.
 

All the Important documents that you will need while applying for a house renovation loan:

 
1. All the application forms have to be completed.
2. Need proof of age to get a house loan.
3. Proof of income and bank statement is required.
4. Need an address proof as well.
5. All real estate related documents.
6. Estimated repair costs quotations.
 
These are all the basic documentations needed in every bank although additional documents can be required in different banks. To get a house repair loan to paint, you must require an architect's documentation and bills, also a six-month bank account statement. A KYC (know your customer) form and property papers are also required in this to get a loan to paint your house. If you are redesigning your house, some banks will require you to get a no-objection certificate (NOC) from the housing society and local corporation.
 
You can choose flexible repayment terms and can give your place a completely new look. As a salaried person, you can get a low interest rate personal loan when you meet all the eligibility criteria. While this can help you pay affordable EMIs and you can also choose a lengthy period to make repayment pocket friendly. Mostly, lenders offer up to sixty months to repay the loan amount, which gives you a lot of time to pay it in instalments and become debt free. Don’t forget to use the online EMI calculator for a personal loan to plan repayment. This helps you manage your finances better and you can be able to know your monthly instalments in a better way. Now that you have a better idea about the benefits of a home improvement loan you can choose the one that suits best for your requirements.
 
If you get a home renovation loan from the Loans Paradise you will have to go through the minimum paperwork and go through less hassle. We provide you quick loans to accomplish all your dreams. Everyone has a wish to have a dream house and to decorate as they want. We at Loans Paradise provide you with a financial solution for your dreams. Give an appealing look to your home that everyone will dream of! Get a home renovation loan from us and get a hassle free service. To get quick funds to paint your home as your dream visit us now!