Home renovation financing
Take your renos across the finish line.
The timing of your renovations can determine the best financing option.
Will you need the funds all at once or over a period of time?
Financing all at once.
If you have to pay for your renovations with a lump sum amount, a loan is usually a good choice.
Planet-Wise™ home renovation loan
Get lower interest rates and rebates for your energy-saving renovations.
Personal loan
Pay for renos under $25k with or without using your home’s equity or other assets.
For multiple expenses over time.
If you’re doing your own renovations or plan to complete them over a period of time, a line of credit (LOC) may help you save money and cover unpredictible expenses. You’ll get access to the funds right away, but you’ll only pay interest on the funds as you use them.
Planet-Wise line of credit and HELOC
Enjoy flexible payment plans, lower interest rates, and rebates for environmentally friendly renovations.
Home equity line of credit (HELOC)
Pay for your home improvements by borrowing against the value of your home at a lower interest rate than other types of loans.
Line of credit
Borrow what you need as you need it for renos under $25,000, without the need to reapply.