Secured financing
Uses your home as collateral and may place a lien on its title. Rates may be lower than unsecured options, but failure to repay can put your home at risk of foreclosure.
Home improvement financing
Your next home upgrade. A payment plan to explore.
Planning a kitchen, bathroom, or whole-home renovation? Home Upgrade Financing offers access to financing programs that may help you spread the cost over time.
How the process works
From project idea to financing review
- 01
Define your project
Request a remodeling estimate and let us know you are interested in financing.
- 02
Explore eligibility
Coordinate the provider’s prequalification process and discuss available programs directly with its team.
- 03
Review the full offer
Confirm the APR, fees, payment amount, collateral requirements, and funding schedule before accepting.
- 04
Coordinate the work
Align approved financing and disbursements with your written project scope and construction schedule.
Straight answers
Home improvement financing questions
How much can I finance?
The provider lists loan amounts from $10,000 to $225,000. The amount available to you depends on the selected program, your financial profile, and lender approval.
Will checking prequalification affect my credit score?
Home Upgrade Financing describes its initial prequalification process as a soft credit inquiry that does not affect your credit score. Ask the provider whether a later application or final approval requires a hard credit inquiry before proceeding.
What credit score do I need?
Credit requirements vary by lender and program. Contact the financing provider to confirm current eligibility, income documentation, and debt-to-income requirements for your situation. Prequalification does not guarantee approval.
What is the difference between secured and unsecured financing?
Secured financing uses your home as collateral and may involve a lien on its title. Failure to repay can put your home at risk of foreclosure. Unsecured financing does not use your home as collateral. Rates and other terms differ by program.
How are the project funds paid out?
Depending on the program, funds may be paid to you so you can pay the contractor directly, or released to the contractor at agreed project milestones through stage-funded financing. Confirm the disbursement schedule with the provider and coordinate it with your written remodeling agreement.
How long are repayment terms?
The provider lists repayment terms potentially as long as 20 years. Available terms depend on the loan program and approval. The provider says most available programs have no prepayment penalties; confirm this in your specific loan agreement.
Are there financing fees?
The provider states that applying and receiving offers are free, but also describes a service fee. Ask for the exact service fee, lender fees, APR, monthly payment, and total repayment cost in writing before accepting an offer. The $20 Estrada Elite in-person estimate scheduling fee is separate from any financing charges.
How quickly can financing be approved or funded?
Approval and funding timing depend on the lender, program, required documents, and applicant. Confirm your expected timeline with the provider before making project commitments. Estrada Elite does not guarantee a financing decision or funding date.
How do I get started?
Start with an Estrada Elite project estimate and let our team know you are interested in financing. We can help you coordinate the next step with Home Upgrade Financing. Submit sensitive financial information only through the financing provider’s approved process, not through our remodeling estimate form.
Provider information
Review the details before you decide
Read the provider’s supplied FAQ, then confirm current requirements and the complete terms of any offer directly with the financing provider. The FAQ includes differing credit-score minimums, so ask which requirements apply to your program.
Financing is offered through Home Upgrade Financing, the consumer financing arm of Contractor Lend Link, and participating lenders. All financing is subject to lender approval, eligibility, program availability, and lender terms. Estrada Elite Enterprises provides remodeling services and does not make lending decisions. Loan amounts, rates, fees, repayment terms, and funding times vary by program and applicant.
Do not include Social Security numbers, bank details, or credit documents in Estrada Elite’s estimate forms. Use the financing provider’s approved application process for financial information.