The Leobank renovation loan offers the possibility to make the home look new again without spending any savings. Of course, the money can also be used to realize smaller renovation work. The money can be used to carry out maintenance, but also to implement an embellishment or renovation. Since every renovation project looks different, a tailor-made renovation loan is offered. The tailor-made offer of a credit is based on the size of the project and on the basis of the available budget. The loan can be applied for in three simple steps, after which the money can be quickly disposed of after approval.
| Lender | Information | Max. Loan | To request |
 | Review | $ 200,000 Interest (APR) 2.99% | |
 | $ 50,000 Interest (APR) 2.91% | ||
 | Review | $ 50,000 Interest (APR) 2.85% |
Tailor-made proposal
It is of course ideal to receive a tailor-made proposal. Then you can be sure that you are able to bear the financial obligations. That is also an important aspect, because it is not justified to borrow more money than the financial possibilities allow in the individual situation. Incidentally, there are several benefits associated with the Leobank customized renovation loan. For example, there is an attractive interest rate in the form of the annual cost percentage for the renovation loan. The lender knows that your house is not that of the neighbors and that your project is assumed and not someone else's. Another advantage is that there is a smooth handling. This smooth handling is guaranteed when the application is complete and all requested documents have been delivered. Furthermore, it is always possible to obtain specialist advice.
Simulate loan
If the purpose of the Leobank renovation loan is known, an estimate of the costs can be made. Based on this, a simulation can then be performed, so that insight is obtained into the monthly burden and duration. First, the desired amount can be selected or the preference for a certain amount of monthly repayment. After that, the option is offered to choose the desired duration. The monthly repayment amounts are stated with the different maturities that are shown. It provides a useful insight into how the monthly costs decrease with a long term and increase with a short term. After simulating the renovation loan, an application can be submitted online to Leobank. The minimum amount is US $ 3,800 and the legal maximum repayment term depends on the loan amount. However, for the renovation credit, the repayment term may not exceed 48 months. Furthermore, 70 percent of the costs of the renovation must be demonstrated on the basis of invoices.
Submit application online
The file can be handled remotely if the application for the Leobank renovation loan is submitted online. The data is then verified and the data file of the National Bank is also consulted. After that, the file can be accepted depending on the outcome and situation. That's when the contract can be signed. After the signed contract is received, the money for the renovation is immediately deposited into the account.