Home renovation loans

Are you looking for a home renovation loan? Secure one in 3 simple steps!

Perhaps you have visions of improving your home with an expansive new kitchen fit out with gliding drawers and top-of-the-range new cabinetry throughout. Or, perhaps you’re upgrading parts of your house with the aim of a higher return when selling your property. Regardless of the reason for your home renovations, we can help you cover the costs with our personal loans.

Our home renovations loans are designed to help homeowners (or renters) with money to fix up their houses. There’s a variety of reasons that our customers use their home renovation loans for, including emergency situations that can’t be put off, like cracks in the foundation, broken faucets, electrical problems and roof leaks. We offer loans across Australia – including BrisbaneSydneyMelbournePerth and Adelaide.

In situations like the above, the repairs can’t wait and the borrower will need the money quickly. At City Finance we pride ourselves on our ability to issue all of our cash loans very quickly. Our application process is simple and only takes a few minutes, and our team of experts works fast to ensure that your loan is improved in minimal time. In fact, a lot of applicants receive money in their bank on the same day that they submit their loan application.

The whole loan process is as easy as 1 (online application), 2 (confirmation), 3 (money funded).

Here’s a quick rundown on how you can get fully funded in a short amount of time with minimal hassle.


To apply for a loan with City Finance, you’ll need to fill in an online application form, which you can find here. The application is simple and you’ll just be required to select the amount you’d like to borrow and the repayment time, as well as fill in some personal information and send proof of identity.


Once we receive the information from you, someone from our team will call you to confirm your application details. If your application is approved, we’ll send you an email confirming the approval. We’ll also get your bank details so we can send over the money.


Once you’ve been approved, you should receive the money by the end of the day. However, most customers receive the money even sooner. From here you’ll be able to spend the money on what you please – and you will just need to meet the contracted repayments (weekly, fortnightly or monthly).

What are home renovation loans?

A home renovation loan is sometimes known as a construction loan and is basically a loan used to fix anything around the house. As mentioned above, there are many categories this can fall under; emergency fixes, value-adding or for personal enjoyment. But, home renovation loans are essentially personal loans used on your house.

At City Finance, our home renovation loan is an unsecured personal loan. Similar to a payday loan, this means that we don’t require any security or collateral in order to for you to be approved for the loan.

Some other financial institutions are strict with home renovation loans and may require you to borrow the money against your existing home loan, meaning you will be using your home as collateral. This means that if you can’t meet repayments then the lender can take your assets off you.

Not us, because our construction loan is an unsecured loan, your home isn’t bought into the equation when loaning money from City Finance.

Am I eligible for a home renovation loan?

If you’re seeking a loan to renovate your house, are an Australian citizen and are aged 18 or over, then you’re probably eligible for a home renovation loan with us. As well as the above criteria, we also require that our applicants can provide ID, have proof of income (this can be salary from a job or from Centrelink payments) and some supporting bank statements.

If you can supply all of this, then you’re probably eligible for a home renovation loan with us.

Unlike many lenders, we will consider lending to people who fall in the following categories:

What supporting documents and information do we need to process your home renovation loan application?

At City Finance the process of applying for a home renovation loan is simple. We don’t need a bunch of different documents, all we require is the following:

  1. A copy of your ID
  2. A short application form with details such as your address and phone number
  3. 90-day history of bank transactions
  4. Proof of income (Eg a payslip or Centrelink income statement)

Been approved for a loan with us in the past? You might be eligible to apply for a loan without a credit check.

How City Finance can help borrowers looking for home renovation loans

Trusted lenders

When applying for a loan, you’ll want to be sure that the lender you’re borrowing from is reputable, and won’t smack you with any hidden fees and charges. You can be sure of this at City Finance. We have been in the lending business for decades and have lent money to thousands of happy customers.

We disclose our comparison rate (the interest rate as well and the fees and charges relating to a loan) in full and explain our charges clearly, so you won’t be lumped any unexpected fees and charges.

Inclusive lending

People with a less than perfect credit history or a poor financial situation may be concerned about applying for a personal loan because of the assumption that they may be denied. However, we want our applicants to know that we believe in inclusive lending. Even if your financial situation or personal circumstances aren’t ideal for a traditional loan, there’s a good chance we’ll be able to help. We don’t discriminate against customers who don’t fit the conventional eligibility criteria, and will consider applications for people with a bad credit history. Learn more about our bad credit loans.

We move quickly

Our application and approval process is streamlined so that our customers can receive money in their bank account as soon as possible. The application process itself takes a few minutes and only requires minimal supporting documents. Once this is completed our team of experts works quickly to approve the loan. In many cases, our customers receive money in the accounts the same day that they apply for the loan.

Flexible repayments

You can choose a loan amount and a loan term that fits your personal circumstances. We offer varying loan repayment terms between 12 weeks and a year, and offer loan amounts between $500 and $5000. We’ll work with you to customize a personal schedule that suits your needs, and we’ll be sure to inform you about all of our terms, so you won’t get hit with any unexpected fees and charges.

Hassle free repayments

Whether you’re knee-deep in DIY home renovations or you’re out shopping for the materials you need, the last thing you need to add to your plate is worrying about meeting loan repayments. We understand this, that’s why we have implemented a system to remove the hassle. Our system arranges for your loan repayments to be deducted automatically on their due date from your bank account.

We’re here for you

Unexpected costs happen, and sometimes customers aren’t able to meet their agreed repayments. That’s ok. If you find yourself in this situation, reach out to our friendly team to explain your situation, they’ll work with you to nut out a contingency plan that’s suitable for your current situation.

What can I use a home renovation loan for? 

Upgrading your house to sell

Before putting a house on the market, many homeowners receive an appraisal from a real estate agent. During the appraisal, the agent may suggest some fixes that will dramatically increase the sale value of your home. With our personal loans, you can spend the money on the fixes, and pay it back after you sell your house at an inflated value.

Fixing emergency problems with your home

Any homeowner – or even renter – knows that things around the house can break, and sometimes these things will be emergencies that need fixing immediately, like a burst pipe. If you’re struggling to cover the costs of the fix but aren’t able to wait until the next payday, apply for a personal loan with us and get a contractor over to fix the problem ASAP.

Doing DIY home Renos

If you’ve got some spare time on your hand and have a DIY home reno job in mind, why wait? Though DIY jobs do tend to be cheaper than using a contractor, materials can still be expensive. If you’d like to make the most of your free time now, but don’t have the funds to do the renovations, you can take a personal loan out with us and get started immediately.

General home improvements

Kitchens and bathrooms are two rooms that see a lot of wear and tear, and also date quite quickly. If you love the home you live in, but want to give it a little refresher, then home renovations are the way to do so. We are able to assist with the costs of this. Just contact us for a personal loan and you can get started on straight away and gradually pay off the loan at a term that suits you.


Highly highly highly recommended City Finance to anyone. The staff are absolutely amazing and very helpful. My experience the two times I have used their services have been amazing. Thank you guys!

Lulu Millar
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I had a very easy and straight forward experience dealing with City Finance... Very much appreciated the quick flow of decision making displayed. Regards, Graeme

Graeme Austin
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Great customer service, they're happy to help out when you need it if something unexpected has happened and you need cash fast, definitely recommend and repayments are tailored to your needs.

Cassandra Dodd
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Wonderful people very friendly and helpful been with them for some time now and have never had an issue with them always have my payments on time

Pauline Arrowsmith
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City finance for fantastic. The application is still in fairly quickly within outcome usually within 24 to 48 hours. Customer service is lovely and the only company that would help me out with the loan when no other one would. Highly recommend.

Chanelle Ryan
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