Grace Enfield, Content Writer
@grace_enfield
You can get a home improvement loan in Louisiana from a bank, a credit union or an online lender. The best home improvement loans in Louisiana are from LightStream because the company has APRs of 7.99% - 25.99%, loan amounts of $5,000 - $100,000 and repayment periods of 24 - 84 months.
Other loan providers offer home improvement loans with good terms in Louisiana, as well. You can see a comparison of the best home improvement loans in Louisiana below.
Best Home Improvement Loans in Louisiana
| Lender | Dollar Amounts | APRs | Credit Score Requirement |
| $5,000 - $100,000 | 7.99% - 25.99% | 660* | |
| $1,000 - $50,000 | 8.49% - 35.99% | 620 | |
| $2,000 - $36,500 | 7.99% - 35.99% | 580 | |
| $2,000 - $50,000 | 6.99% - 35.99% | 640 | |
| $2,500 - $40,000 | 6.99% - 24.99% | 660* |
*According to multiple third-party sources.
To read more about the top-ranked offers, check out WalletHub’s picks for the best home improvement loans. You can also estimate your potential rates with the free pre-qualification tool on WalletHub.
In addition to conventional home improvement loans, you may also be eligible for a low-interest home improvement loan or a grant through the U.S. Department of Agriculture or your county’s government. Louisiana has a home improvement loan program for state residents called the Housing Preservation Grant, as well. Some requirements to get a loan from this program include owning and occupying the property being improved and have low to moderate income.
Alternatively, you could use a credit card or get a loan from a friend or family member to finance home improvements. These options may have better terms than a conventional home improvement loan.
2023 Best Personal Loans in Louisiana
Compare OffersPeople also ask
What is the best type of loan for home improvements?
The best type of loan for home improvements is either a personal loan or a home equity loan, depending on things like the amount of funding you need and whether you’re willing to risk your home as collateral. Both of these types of loans allow you to use the money for nearly any expense, including home improvements.
Best Types of Loans for Home Improvements
| Type of Loan | Personal Loan ... | Home Equity Loan |
What is the best personal loan rate in Louisiana?
The best personal loan rate in Louisiana is 2.49% from LightStream, which also has a maximum APR of 19.99%. LightStream offers loans of $5,000 - $100,000 for 24 - 84 months, and its origination fee is $0.
In general, personal loan rates tend to range from 4% to 36%, depending on the lender and your creditworthiness. Personal loan rates typically don't differ much from state to state, though loans from credit unions can be an exception. Federal credit unions...
read full answerDid we answer your question?