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Home Improvement Loans
It’s time for an upgrade.

Looking to remodel your kitchen, replace your roof, or get started on a smaller project without the need to refinance, utilize your equity, or rack up credit card debt? A home improvement loan with Red River Credit Union can help.

Your home is an investment. Enhance your property with a remodel, refresh, or repair with a home improvement loan. No closing costs, inspections, or equity needed. You can borrow up to $50,000* to help increase the value of your investment.

*With approved credit.

A few things will be needed to get you qualified for your home improvement loan.

  • Individual applicant must have a credit score of 700 or higher, joint applicants must average 700 or higher with neither being under 660.
  • Proof of employment for 4 years.
  • Income verification with W-2 and pay stub dated within the last 30 days. If you are self-employed, you must provide the last two years tax returns. For those who are retired or on social security, verification must be made by a third party such as a social security letter or retirement award letter. Income may be verified though RRCU direct deposit.
  • Proof of residence for 4 years or home ownership of 4 years prior to current residence. Copy recorded Warranty Deed on present residence.
  • List of improvements or work estimates. Loan may not exceed the total amount of improvement estimates provided by the member.

Rates Effective: 9/27/2023

Consumer Home Improvement Rates

Loan Type Term APR* As Low As
Up to $10,000 up to 60 months 6.45 %
$10,001-$15,000 61-84 months 6.95 %
$15,001-$25,000 85-120 months 7.45 %
$25,001-$50,000 121-144 months 8.45 %

* APR=Annual Percentage Rate. With approved credit. Rate based on term and credit score. Rates subject to change.

Red River Member Service Group, LLC dba RRCU Financial Services is a wholly owned subsidiary of Red River Employees Federal Credit Union. Financial services and insurance products are available to credit union members, but not provided by or guaranteed by Red River Employees Federal Credit Union.

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Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.

Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.

Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.

Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.

Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.