SocietyOne Home Renovation Loan – loan
Home Renovation Loans up to $50 000
Loan amount
$5,000 – $50,000
Interest from
4.50%
Term
2 – 5 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Home Renovation Loans up to $50 000
- Term 2 - 5 years
SocietyOne is one of Australia's pioneering online personal loan providers, launched in 2012 as a marketplace-style lender and now operating as a licensed, direct consumer lender offering unsecured finance across a wide range of purposes.
SocietyOne's home renovation loan is an unsecured personal loan for smaller-scale home improvement projects, letting homeowners avoid refinancing their mortgage for renovation costs.
✓ Pros
- Avoids refinancing the mortgage for smaller renovation projects
- No security required
- Fully online application
- Rate personalised to the borrower's credit profile
✗ Cons
- Rate is higher than a secured mortgage top-up for large projects
- No branch network for in-person support
- Lower credit profiles will see higher indicative rates
How to apply
- Get your rate
- Apply online
- Get your funds
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident
- ✓ Regular income from employment or other verifiable source
- ✓ Active Australian bank account
- ✓ Valid driver's licence or passport for ID verification
Frequently asked questions
24 hours
The minimum loan amount at SocietyOne Home Renovation Loan is $5,000.
About SocietyOne Australia Pty Limited
| Company | SocietyOne Australia Pty Limited |
|---|---|
| Address | Level 10/309 George St, Sydney NSW 2000 |
| Website | https://www.societyone.com.au |