Home Repair Loans: Options for Urgent Home and Appliance Repairs
A broken furnace, a leaking roof or a refrigerator that stops working can't always wait. Request $200 to $5,000 for a home or appliance repair and see whether lenders in our network have offers for you.
Tilt App is a loan-matching service, not a lender. Submitting a request doesn't guarantee an offer.
How home repair loans work
A home repair loan in this range is usually an unsecured personal loan, so it doesn't typically require home equity. You repay the lender in installments over time.
Before you borrow, check whether insurance, a warranty or your landlord should cover the repair, and get more than one quote for bigger jobs.
Paying for a home repair
Varies by lender- Ways to pay
- An insurance or warranty claim, a contractor payment plan, a credit card or a personal loan
- What to have ready
- A written quote from the contractor or repair service
- Amounts you can request
- Any amount from $200 to $5,000
- APR range
- 5.99%–35.99%
- Example
- a $2,000 loan with a 24.99% APR repaid over 24 months would have a monthly payment of about $106.39 and a total repayment of about $2,553.36. Your actual rate, term and payment depend on the lender and your creditworthiness
Rates, fees and terms are set by each lender and depend on your credit profile, term and state.
Before you borrow for a home repair
A few steps that can lower what you need to borrow.
- Check your insurance and warrantiesHomeowners insurance may cover sudden damage, such as a burst pipe, but usually not wear and tear. Appliances may still be under warranty.
- If you rent, contact your landlordLandlords are often responsible for repairs to heating, plumbing and other essentials. Check your lease and local rules.
- Get more than one quoteFor bigger jobs, compare at least two written quotes before you choose a contractor.
- Fix the urgent part firstAsk what must be done now to stop further damage and what can be scheduled later.
Other ways to pay
Depending on your situation, these may cost less than a loan.
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Contractor payment plan
Some contractors and repair services let you pay in installments.
Payment plans -
Insurance or warranty claim
Sudden damage or a covered appliance failure may be paid for, in part or in full, by a claim.
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Energy assistance
Programs such as LIHEAP help eligible households with heating and cooling costs, and some states also help with furnace repairs.
Assistance programs
How much do you need?
Base your request on the estimate or bill, and borrow only what the urgent part costs. You can request any amount from $200 to $5,000.
Rates and terms vary by lender: 5.99%–35.99%
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$500 loan options
For a smaller repair.
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$1,000 loan options
For a mid-size repair.
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$2,000 loan options
For a larger repair.
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$3,000 loan options
For a major repair.
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$5,000 loan options
For several costs or a major repair.
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Compare all loan amounts
Or enter any amount from $200 to $5,000.
Other unexpected expenses
Guides for other bills that can't wait.
Home repair loan questions
More answers in the help center.
Do I need home equity for a home repair loan?
Usually not. Personal loans in the $200 to $5,000 range are typically unsecured, so they don't usually require home equity. Check each offer's terms.
Can renters get a home repair loan?
You can request a personal loan whether you rent or own. If you rent, check with your landlord first, because many repairs may be their responsibility.
Can I use a loan to replace an appliance?
Yes. Most personal loans can be used to repair or replace an appliance. Check the lender's terms for any restrictions.
How much should I borrow for a home repair?
Can I get a home repair loan with bad credit?
You can submit a request with any credit history, but approval depends on each lender's criteria and isn't guaranteed. See bad credit loan options.