Flexible Home Improvement Loans
Are you dreaming of a new kitchen, a modern bathroom, or a complete home makeover? Our Home Improvement Loan can help turn any homeowner's dreams into reality.
Why Choose a Home Improvement Loan?
FIXED RATES & PREDICTABLE PAYMENTS
Lock in a fixed rate and enjoy steady monthly payments through the life of your loan. And no payments are due for 45 days!2
NO HIDDEN FEES
Other lenders' offers come with closing costs and origination, application, or processing fees. This one doesn't.
FAST FUNDING
Once approved, you'll get your money in as little as 2 days.3 Then, enjoy easy access from online or mobile banking.
HOME EQUITY LOAN ALTERNATIVE
Kick-start your home renovation without needing a home equity loan or home appraisal.
Home Improvement Loan Features
- Repayment terms up to 20 years
- Loan amounts from $10,000 to $100,000
- No equity required for Home Improvement Loans up to $30,0004
- All proceeds are distributed to the borrower(s) at the time of closing
- Loan is not secured by a dwelling5
- No pre-payment penalty
Loan Requirements and Eligibility
- Primary or secondary residence only, no investment properties
- Borrower(s) must be owner(s) of the property6
- A description of the home improvement project and a cost estimate or proposal from a contractor may be required
Effective as of October 1, 2025. Rates and terms subject to change without notice.
| Term | Loan Amount | APR1 as low as |
|---|---|---|
| up to 84 months | $10,000 - $100,000 | 8.29% |
| 85 - 180 months | $20,000 - $100,000 | 8.64% |
| 181- 240 months | $50,000 - $100,000 | 9.14% |
Payment Example: A $20,000 home improvement loan financed with NASA Federal at 8.64% APR for 180 months will have a monthly payment of $198.59.
For updated information, inquire at any branch office, send us a secure message via Online Banking or the mobile app, or call 1-888-NASA-FCU (627-2328).
Select to Check Your Rate on a personal loan from NASA Federal Credit Union.
Frequently Asked Questions
What can I use a home improvement loan for?
A home improvement loan can be used for a wide range of renovation and repair projects, including kitchen and bathroom remodels, roof repairs, HVAC upgrades, landscaping, and other improvements that enhance your home's value and comfort.
How is this different from a home equity loan or HELOC?
Unlike a home equity loan or HELOC, which are secured by your home's equity, a home improvement loan is typically unsecured like a personal loan. This makes it a faster and more flexible option for financing home upgrades.
How quickly can I receive funds?
Funds from a home improvement loan can often be disbursed quickly—within a few business days after approval—making it ideal for urgent or time-sensitive projects.
Can I apply if I’m not a current NASA FCU member?
Yes, you can apply even if you're not currently a NASA FCU member. If approved, you’ll simply need to become a member to finalize your loan and access your funds.
Rate offers may not be available in all instances. This is not a guaranteed offer of credit.
1APR = Annual Percentage Rate. APR is based on the evaluation of creditworthiness. Rates are subject to change at any time without notice. Special offer floor rate is 8.29% APR for up to 84 months and is reserved for highly qualified individuals. The special offer floor rate for terms of 85-180 months is 8.64% APR. Your actual APR may vary. Membership eligibility requirements apply. Subject to credit approval. Maximum aggregate unsecured credit limits cannot exceed $100,000 with NASA Federal Credit Union. This limited-time offer is subject to change at any time without notice.
Payment Example: A $20,000 home improvement loan financed with NASA Federal at 8.64% APR for 180 months will have a monthly payment of $198.59.
2The loan will still accrue interest during the 45-day payment deferral period.
3Funds will be issued upon receipt of all required loan documents.
4Loans greater than $30,000 are limited to a loan-to-value (LTV) ratio of 100% including outstanding loans secured by dwelling.
5A Uniform Commercial Code (UCC-1) form will be filed for loans greater than $50,000 at origination.
6Borrower(s) must be owner(s) of the property for a minimum of 12 months.
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