Home Improvement Loans

Features of a Johns Hopkins Home Improvement Loan

No Lien on Property

A home improvement loan isn't a second mortgage so your home isn't at risk.


Competitive Rates

You'll get a lower APR than on our personal loan for the same amount.


We Pay the Contractor

Just give us an invoice and we'll write you a check payable to the applicable contractor.


Fast Processing

Get your funds as soon as we approve your application and invoice.


Home Improvement Loan Details

A home improvement loan is a convenient option to take care of a smaller project around your property.A deck is being built with the help of a home improvement loan.

  • Borrow up to $50,000
  • Competitive rates are lower than a credit card
  • Since a home improvement loan isn't a second mortgage, there’s no lien on your property
  • We can write a check to you or your contractor
  • No proof of insurance is needed
  • The interest isn't tax deductible

Get a home improvement loan today and start enjoying your new deck tomorrow!

Apply Now


"From the very first contact inquiring about the loan, I had complete support and assistance at every step of the way. The process was both fair and very quick, in my opinion, and I was extremely pleased with the entire process."

– Sylvia E.

Enjoy These Benefits With Your Home Improvement Loan

Quick Application Processing

Applications will be processed the next business day. If approved, you'll get your check for the contractor right away.

Easier Than Home Equity Loans

A home improvement loan lets you borrow smaller amounts with no collateral needed, so it's faster and less risky.

Simple Loan Management

You can easily make loan payments from your JHFCU account using online and mobile banking.

Competitive Rates

View our competitive & low home improvement loan rates!

Member Benefits

If you're new to JHFCU, then this loan is your chance to access better rates, fewer fees, and local service.

How to Apply for a Home Improvement Loan

Home Improvement Loans FAQ

  • What can I use my home improvement loan for?

    You can use your loan to pay for smaller home improvement projects, like fixing your deck, painting your interior, or buying a major appliance.

    If you already have a contractor and an invoice, we can even save you a step and make the check directly payable to them. This loan offers quick approval and processing with a maximum loan amount of $50,000

  • How is a home improvement loan different from a home equity loan or home equity line of credit (HELOC)?

    A home improvement loan is an unsecured personal loan for a specific purpose. It's a low-interest loan option that gives you a lump sum payment with flexible repayment terms, no collateral needed.

    Home equity loans and HELOCs both borrow against your home and are considered a second mortgage, so you need to go through most of the same steps you went through to buy your home, including paying closing costs. Plus, you need to have achieved a certain level of equity in your home before you're eligible. 

    These home equity options are great tools for major home renovations and the interest you pay on these loans may be tax deductible when the funds are used to improve your home. (The interest on a home improvement loan is not deductible.)

    A home equity loan is an installment loan with set monthly payments, whereas a HELOC is a source of revolving credit like a credit card.

  • What loan rate will I get for my home improvement loan?

    The fixed rates on our home improvement loans are lower than our personal loans and credit cards. The rates and terms you get will be based on your credit score and financial situation. 

    You can also get a lower rate for shorter loan terms, while long terms mean your payments are more affordable.

  • How can I make a payment?

    There are many options for making a payment to your Home Improvement Loan account:

    There are many options for making a payment to your JHFCU fixed-rate mortgage:

    Online Transfer: Make a transfer online from your checking, savings, or another transactional account to your mortgage account. Payments are credited and account balances are updated immediately. 

    Online Bill Payment: Use JHFCU's Online Bill Payment service to make a payment. Please note that it will take 2 business days to credit the mortgage account and update the balance. 

    JHFCU TeleBranch 24: Transfer your payment from a JHFCU account to your mortgage; just use your loan suffix number between 70 & 77 (EX: XXXXXXXXX-XX.)

    Pay Online from an Outside Bank: Set up JHFCU as a payee using your 9-digit JHFCU Account number - 2-digit loan suffix number between 70 & 77 (EX: XXXXXXXXX-XX.) 

    Pay by Check at a Branch or via Mail

    Pay by Transfer In-Person

    Payroll Deduction Payments

    NOTE: When setting up Online Bill Payment from JHFCU and/or outside accounts, use JHFCU’s main address, 2027 E Monument St, Baltimore, MD 21205

Home Loan Resources


House & Home Resource Center

More Ways to Fund Home Improvements

Home Equity Loans

Leverage your equity and tackle your projects with a lump-sum Home Equity Loan.

Home Equity Lines of Credit

Tap into your equity again and again when you open a Home Equity Line of Credit.

Anything Loan

As the name suggests, this low-interest personal loan can be used for anything you like, including home improvements!



Learn More

Visa Platinum Card

If you need to take care of a minor home improvement, a credit card could be the most simple solution.


Learn More


**APR=Annual Percentage Rate. Rates are determined by an evaluation of the applicant’s credit. Your actual rate may vary. Rates are subject to change.