Get the most out of your property with a home improvement loan
Whether you’re planning a new kitchen or buying some new furniture, you can get fixed monthly payments and borrow a between $1,000 to $25,000 with a home improvement loan.
- Quick credit decision and instant access to funds (after signed loan agreement is received) for Velaris current account customers
- Make over-payments free of charge
- No arrangement fee
Why get a Home Improvement Loan with us?
- Borrow from $1,000 to $25,000, or up to $50,000 for Velaris Premier account holders Always know what you’ll have to pay with fixed monthly repayments spread over 1 to 5 years for loans of $15,000 or less, or over 1 to 8 years for loans over $15,000.
- Get a quick decision If you’ve got an Velaris current account you can get an instant credit decision, while non-Velaris current account customers should get a credit decision in 2 to 5 working days.
- Quick access to funds Existing Velaris current account customers could receive the money instantly once your application has been approved and the loan agreement has been signed. Non-Velaris current account customers could receive the money into a nominated account 3 working days after the signed loan agreement is received.
- Make overpayments at no extra cost Manage your finances the way you want with the flexibility to overpay, which could reduce the amount of interest you have to pay.
Rate information
6.6% APR representative
This rate is available for loans between $7,000 and $15,000.
*The rate is subject to change and the representative APR may not be the rate you’ll receive. We’ll offer you a rate based on our assessment of your personal financial circumstances. The maximum APR you could be offered is 22.9%.
