No major lenders offer 0% APR home improvement loans, unfortunately. Select county governments do work with lenders to offer low-APR home improvement loans to eligible homeowners, but not every county offers these programs. Eligibility requirements are different for every county, as well.
Alternatively, you could use a 0% APR credit card to pay for home improvements. Getting a loan from friends or family may also allow you to get 0% financing.
Where to Get 0% Home Improvement Financing
These loans offer large dollar amounts and the possibility of long repayment periods, and some may have 0% APR. Some requirements to get home improvement loans from your local government include meeting the gross income limit for a household, having a house valued below a certain limit, paying all county taxes in full, and using the funds for home improvements only.
Example Uses for Home Repair Loans from Local Governments
Repairing housing violations
Adding a swimming pool or hot tub
Removing lead-based paint
Getting a satellite dish
Getting a roof replacement
Building a deck
Some examples of counties that provide these services include:
- Allegheny County, PA
- King County, WA
- Hennepin County, MN
- Dane County, WI
- Los Angeles County, CA
- Maricopa County, AZ
- Harris County, TX
Some companies offer credit cards with 0% APR introductory periods for new purchases and balance transfers. After the introductory period ends, you will be subject to the card%s regular APR.
Friends or family members
You can get a 0% APR personal loan from friends or family. They may be more flexible with their terms than major lenders.
At the end of the day, even though there aren't many 0% APR home improvement loans available, there are still plenty of home improvement loans with low minimum APRs. To see the top-ranked offers, check out the best home improvement loans page on WalletHub.
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