Stress-Free Home Improvement Financing

Invest In Your Home With Lendkey For Homeowners

Home improvement projects can be costly! We believe in a better way to pay for your home improvements with low cost loans. As a small family-owned business we love to support our community in the same way it has supported our business for the last 35 years. Through LendKey, we are able to support local lenders, including credit unions and community banks, which keeps your investment dollars local to our community. Your investment in your home helps fuel a brighter economic future in our own neighborhood! Lendkey will provide you with affordable repayment options, that are right for your budget and your family.

Financing Information

About Lendkey

Applying for a home improvement loan often means something really exciting is about to take place. But, are you excited by the idea of applying for a loan? Probably not. It’s hard to find information on loans products, the application process is cumbersome and time consuming, and you never know if you’ve found the right loan for you. The team at Norway Built alongside our partners at LendKey are here and ready to help!

Credit unions and community banks have some of the most borrower-friendly private student loans, auto loans, and personal loans. LendKey is enabling these community financial institutions to bring their loans to you online. By letting you borrow directly from America’s local and not-for-profit lenders, we’re building something that’s been sorely missing in online lending: transparent low-interest lending. We’re bringing community lenders to the online community, and giving you tools to make smart borrowing decisions. 

Community Lenders

All loans on are funded by community lenders like credit unions and community banks. These financial institutions work with LendKey to keep operating costs low, and pass on the savings directly to you. Unlike many larger banks that may take deposits in one state and lend in others, community banks and credit unions channel most of their loans to the neighborhoods where their depositors live and work, helping to keep local communities vibrant and growing.

Is Financing For You?

To determine whether home improvement financing makes sense for you, consider your monthly expenses and income. You will want to compare that with your ideal project’s size and return on investment. Are you in a place where you are able to afford another monthly payment? Will the project you’re planning increase the value of your home? 

If you’re in good financial health and the project will boost your home’s value, the extra cost of financing will be worth it. Similar to an automobile, your home needs upkeep. As time goes on trends will come and go, materials and fixtures need to be replaced, and layouts need to be improved. This is essential to holding the value of your home, if not increasing it! Remaining committed to updating your home will ensure that when it comes time to sell, you will get top dollar offers from potential buyers that do not wish to completely renovate their new home. It also will improve your quality of life, living in a home that you are proud of and is a product of your own taste and personality. 

Financing Options

Whether you are ready to sell your home or just want to give your house a fresh new facelift, you may be left wondering how to pay for the project. Home improvement projects can be costly depending on the type and amount of work you want completed. Considering your budget and planning your financing ahead will save you considerable time when you start looking into getting the renovations done. You have many options when it comes to financing and funding your project. 


Saving up for a potential project is most often the ideal way to pay for your home renovations. However, this is not always possible with monthly expenses, emergencies, and other unavoidable bills. You don’t have to have the entire amount saved up to have the work completed. Considering saving a percentage of the project cost to use towards the renovation, and finance the rest! 

Home Improvement Loan

Home improvement loans are unsecured personal loans, such as LendKey. Since the loans are unsecured, you don’t have to provide any collateral to qualify. Your interest rate and qualification are based largely on your credit score. Once approved and finalized, the funds will usually be readily available shortly after.

Home Equity Line of Credit

A HELOC is a secured loan that is backed by your home for collateral. Because it is a secured loan you can qualify for lower interest rates than you normally would for an unsecured personal loan. It’s important to note that, most HELOCs have variable interest rates. It works as a line of credit that you are able to use as you need. Keep in mind, in order to qualify for this type of loan make sure you have sufficient home equity. Before considering a HELOC,  you should have at least 15 percent to 20 percent equity invested.

Home Equity Loan

This type of loan is paid out in a lump sum. Borrowers are able to repay over a number of years in regular fixed monthly payments. This is also known as a ‘second’ mortgage. With home equity loans, you don’t have to worry about your interest rate changing. Once you lock in your fixed interest rate, you pay the same monthly payment over the life of your loan.

Credit Cards

For smaller projects, homeowners may consider using credit cards to finance their project. Sometimes homeowners can take advantage of introductory offers such as 0% APR for the first year, as well as benefit from the credit card reward programs. However, this is only suggested for smaller projects as the interest rates on credit cards will most likely be significantly higher than loans mentioned above. 

Start your home improvement project with Norway Built today!

Click the link to find out what you qualify for.