Do you want to improve your home? Sometimes, small changes are enough. In other cases, you need to make significant improvements that cost a lot of money. So, how do you afford all of that? Often, by taking out a loan. Don’t worry, a loan doesn’t necessarily have to come with extortionate interest rates or inflexible terms. If you want to make a huge home improvement, use any of the 4 personal loan companies.
1. Achieve
Achieve has undoubtedly established itself as one of the very best personal loan companies around. A big reason for that is the human touch offered by the Achieve team. The lender was founded by Brad Stroh and Andrew Housser, who specifically wanted to give power back to borrowers with tailored personal financial solutions, and they now manage that by offering expert guidance throughout the entire lending process.
The personal loans are flexible, too, with 2, 3, 4, or 5-year terms and no prepayment penalties. With a personal loan, you can borrow up to $50k, which should cover most major home improvements. They also offer home equity loans, which can turn your home’s equity into cash.
2. Lightstream
Lightstream is a great personal loan company for making major home improvements. With this company, you can get a loan for practically anything, including renovating your kitchen or even adding a swimming pool to your property! The process is refreshingly straightforward on Lightstream’s website, as you just need to select your loan purpose and amount to see your personal rate. Then you can apply in minutes and receive the funds in as little as a day.
3. Upgrade
You can get a low, fixed-rate personal loan from Upgrade of up to $50,000. The Upgrade website has a wonderfully simple tool to use to see how much you can borrow and the rates you will receive. Then, you can get the funds in as little as a day after clearing verifications.
A great thing about Upgrade is that they have a dedicated app where you can keep an eye on your loan. You can even make prepayments when you can without receiving any additional fees. It’s clear that they have earned the title of one of the best personal loan companies, which NerdWallet has given them for 5 years in a row!
4. Prosper
Prosper is a well-regarded and trustworthy personal loan company that has been in the business since 2005. Over the years, they have created a simplified lending process that ensures borrowers have access to the best terms. The commitment has not gone unnoticed, as they were named one of the best personal loan companies by Money.com in 2026.
With Prosper, you can borrow up to $50k with a personal loan, and this large amount of money can cover the cost of many different types of home improvements, from a kitchen renovation to adding an extension. The application takes place entirely online, but Prosper also offers human customer service.
