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Who can apply?

To be eligible for an EBP Money loan, please confirm that you:

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Turn your home into your dream haven.

Thinking about renovating to create your dream home. Looking for the right loan to make your dream come true? Offering flexible terms and competitive rates, we're here to help you create your dream living space.

For chic kitchen upgrades, luxurious bathroom facelifts and perfect home offices our renovation loans cater to all your needs. Take the first step towards your dream home today. Apply now for our home renovation loan.

EBP MONEY

What we offer

$5,000 to $25,000 loan amount

Flexible loan term of 3 to 5 years

Personalised interest rate

Weekly, fortnightly or monthly repayments

Fixed interest rate for the life of the loan

If approved, get your money next business day#

What our customers say

Get your loan in 3 simple steps

Our application process is simple and transparent. No hidden fees and no surprises.

01

Apply online

We need your personal information, including the amount you want to borrow, your income and expenses. And we also need some documents, including your bank statements.

02

Get your loan terms

If your loan is approved we will provide detailed loan terms, including your loan amount, interest rate and repayments.

03

Get your money

If you agree to the loan terms and sign the digital contract, you get your money next business day#

Are you ready to take the next step?

Apply now

To be eligible for a renovation loan, you must~

Be 18 years of age or older.

Be 18 years of age or older.

Be an Australian citizen or permanent resident.

Be an Australian citizen or permanent resident.

Be employed full-time, part-time or casual.

Be employed full-time, part-time or casual.

Earn an annual income of $45,000 net or more.

Home renovation loan repayment calculator

Get an estimate of your repayments and the cost of the loan using our personal loan calculator

Amount
Term
Interest Rate
Repayment
Weekly Repayment
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Note: The results of this calculator are indicative. It is for illustrative purposes only and is based on the accuracy of the information you have provided. No result from the use of this calculator should be considered a loan application or an offer of finance. The calculator does not take into account your personal circumstances. You should not rely on this calculator for the purpose of making a decision whether to apply for finance.

Home renovation loans explained.

What is a home renovation loan?

Home renovation loans are financial products designed to help homeowners cover the costs of home improvements including:

  • Kitchen renovations
  • Bathroom renovations
  • Garden landscaping
  • Outdoor living space work
  • Home repairs
  • Turning your garage into an office or man-cave
  • Upgrading your furniture
What are the benefits of home renovation loans?

Access to funds: don’t put off creating your dream home any longer. It’s time for a change and a renovation loan can help you on this journey.

Increase home value: renovations can significantly increase the market value of your home.

Improve quality of life: your home should be a sanctuary where every detail brings you peace and joy. If you’re ready to make your home more beautiful, our home renovation loans can help.

Can I apply for a home renovation loan if I have bad credit?

If you have a bad credit history, don't worry; we can help you, subject to our eligibility and credit criteria. We specialise in assisting borrowers with unique financial circumstances, such as bad credit scores, defaults, previously declined by another lender, party to a debt agreement, and current or discharged bankrupts.

What will my interest rate be?

Our interest rates are offered based on your credit assessment and EBP Money's responsible lending criteria. Your interest rate will be a personalised rate based on your overall credit profile and financial situation. Your interest rate will be fixed for the life of your loan. We offer interest rates at the lower end of our range to customers with an excellent credit history.

What are your fees and charges?

We charge a one-off risk or establishment fee. This is based on your loan amount and your credit rating. We also charge a monthly account service fee of $15. There are no fees for our tier-one borrowers with excellent credit scores. We will provide all your fees and charges in your loan contract.

Can I make extra repayments, increase, or pay off my loan early?

Yes – you can make additional repayments, increase your repayments and pay out your loan early. However, an early repayment fee may apply. All fees will be disclosed in your loan contract.

What happens if my circumstances change?

If your circumstances change and you cannot repay your loan, please get in touch with us immediately. We are here to help.