Home Improvement Loan

Home Improvement Loan

No equity =  No problem

Are you wishing for new floors or countertops? Or perhaps you’re dreaming of a bathroom remodel, but you don’t have enough equity in your home yet to fund upgrades. 

Don’t worry. NRLFCU has the right formula for you: No equity =  No problem

We offer fixed-rate Home Improvement Loans up to 75K with NO closing costs.1 

  • Borrow up to $75,000
  • NO equity required
  • NO closing costs
  • NO down payment
  • Low, fixed interest rates
  • PLUS, 90 days of no payments

Apply today by clicking the button below or complete the form to have an NRLFCU employee contact you directly.


1Rates as low as 8.00% Annual Percentage Rate (APR). Your actual APR will be determined at the time of loan approval and will be based on your application and credit information.  Not all applicants will qualify for the lowest rate. Minimum credit score requirement of 660.  Regular monthly payments are not required during the deferred payment period but may be made. Deferring payments will result in greater interest being accrued and paid for the first several loan payments. Sample payment is approximately $9.56 for each $1,000 financed at 8.00% for 15 years.  No down payment required.  Some restrictions may apply.  This loan is not a home equity loan nor is it secured by your residence.  Loan funds must be used for home improvements; proof of use may be required. Minimum loan amount is $5,000 and the maximum loan amount is $75,000.  Maximum loan term is 15 years.  NRL Federal Credit Union reserves the right to end this promotion at any time without further notice.  Membership eligibility requirements must be met.