Choose your loan – renovation loan
To better meet the needs of each client, credit institutions are careful to diversify the loan offers they offer. The loan amount will be determined based on the type of credit chosen.
The loan works can be presented in several aspects, depending on the project desired by the borrower. The latter can use an insulation loan that will allow him to review all insulation installations or choose a renovation credit in the case of a rehabilitation project.
In any case, the best way to choose your loan to carry out work is to use an online loan comparator.
Finance the renovation of his home with the work loan
There are several reasons you can choose to renovate your home. Saving energy, adapting the house to fit the size of the family, increasing the value of your property for sale, etc.
In any case, the work may require a large sum of money that you may not be able to pay. To give new life to your home, without finding empty pockets, you can use a loan work. This will allow you to get funding to complete the work faster, with periodic payments over one or five years.
Simulation loan renovation
Do you dream of improving your home or office and making it as energy efficient as it is sustainable? You have informed yourself, have made requests for quotes and that is very expensive? We affirm that there are solutions! With the help of a renovation loan, you can quickly have the necessary funds to carry out all these energy saving adjustments or arrange your interior as you dream.
Simulation loan renovation
Do you wonder what this type of credit costs? With the help of our credit simulator, you can calculate all aspects of a home improvement loan in a simple way.
Would you like to know more about the possibilities that exist? Do not hesitate to call on one of our specialized Vixoloan brokers. They are there, to take the necessary time to calculate your personal credit with you. At the time and place of your choice!
Why calculate a renovation loan simulation?
Maybe you, like many people, have some idea of the money you can borrow and the costs that a credit implies. However, our many years of experience teach us that there are many other options available and that the total cost is often lower than originally thought.
By calculating your renovation loan, you have, in a short time, an overall and accurate picture of the credits you have and the costs they represent every month.
Benefits of a renovation loan simulation
- A few simple steps will quickly give you an overview of the different options
- The calculation is entirely adapted to your situation and not to a world average
- You get not only the possible amounts to repay, but also the costs that each credit involves
- You can test different credit and manage the execution time yourself
Simulate a renovation loan via Vixoloan
Our brokers daily check the movements that occur on the financial market. This ensures that the interest rates used in our renovation loan simulator are not only real, but also offer the best market conditions.
The steps to get a work loan
A quick reminder of the renovations and loan work
First and foremost, it makes sense to make a small reminder about the renovations. These cover several areas: masonry, electricity, plumbing, insulation, etc. As a rule, it does not require any authorization. On the other hand, the owner of the house needs to declare the work, if he wishes to realize a new cabin measuring less than 20 m 2. A building permit is, in turn, essential if this figure in m 2 exceeds this limit. In the case of a co-ownership, it is important to seek the approval of the other party concerned. This initiative helps to avoid problems.
Application form for a credit simulation work above.
4 steps to get a home improvement loan.
Determine the amount of the loan works
The first thing to do is to determine the amount of money to borrow. This one must not exceed the price of the good. If a loan still runs on the latter, the interested party has the obligation to establish a certificate of value. To do this, he needs the help of a real estate agency or a notary. It is also important to check the outstanding capital on the depreciation schedule. It must then be compared with the cost of the good. The result corresponds to the maximum amount that can be financed. The process is easier if no loan runs on the property. Just contact the real estate agency or the notary for the realization of this famous certificate of value.
Prove the relevance of the work
Very often, lenders are looking to find out if the work will actually increase the value of the property. In order to convince them, the person concerned has several options according to his objective. In practice, it must establish a diagnosis of energy performance if it wants to minimize consumption in the home. In the case of an expansion mission, it is essential to determine the selling price of the surface to add in m 2 according to the intended use: garage, private room… Note that this task requires the contribution of an expert as a notary. Finally, if the renovation aims to beautify the housing, just go to the store that offers the necessary equipment. The goal is to request a detailed quote.
Find a provider
The third step of the renovation work loan application is to look for a provider to carry them out. Of course, it is essential to trust a professional in the field. The most important thing is to set your sights on a specialist registered in the Register of Commerce or Declared Craftsmen. Such an expert always subscribes to an insurance “damage book”. Moreover, once the professional identified, it remains only to ask for a quote. This document gives a price order for the labor. However, it is also essential to guarantee the validation of the loan. Therefore, it must contain several mandatory information: the registration number of the specialist, his company name, etc.
File the work loan application
The last phase is to file the loan application works. This famous file includes several documents. The list includes the latest tax notice, the estimate, the plan carried out by the architect in charge of the task and the justifications for the relevance of the work. The borrower also has the obligation to bring himself valuable attention, an amortization table concerning the property, a proof of credit in progress, pay slips… In some cases, the borrower lender requests identification and account statements for the last three months. This is especially true if the person who wants to get a home improvement loan relies on an institution other than his usual bank.
You can also fill out an application for a personal loan, an installment loan or a consumer loan. Simulate online your credit agreement and compare the selected offers for you. Your request online, without justification and without commitment.