Home Improvement Loans in Twin Falls, Jerome & Burley
Need a new furnace, a roof repair or a kitchen upgrade? Canyon Financial offers fixed-payment loans for home improvements, repairs and appliances, from a locally owned lender that serves the Magic Valley.
Two loan types for home projects
Canyon Financial offers two main types of loan for home projects. Purchase loans of up to $10,000 cover improvements, HVAC equipment, appliances and furniture. Unsecured personal loans cover repairs in smaller amounts.
Neither loan requires you to pledge your home, which makes them a simpler option for repairs that cannot wait. Check that the payment fits your budget before you sign.
Match the loan to what you are paying for, then compare the total cost.
Projects we help finance
From an urgent repair to a planned upgrade, a fixed payment makes the cost easier to plan.
Furnace or HVAC
Replace a heating or cooling system before winter, when waiting is not an option. Purchase loans go up to $10,000.
Roof and home repairs
Cover urgent repairs, such as a leaking roof, with an unsecured personal loan.
Kitchen and bath
Finance a remodel or a finished basement with one predictable monthly payment.
Appliances
Replace a refrigerator, washer, dryer or water heater without draining your savings.
Furniture and computers
Furnish a finished room or buy a home-office computer on a set payment schedule.
Repairs or upgrades: compare your options
Contractor or retailer financing, a Canyon loan and a credit card can all pay for the same project. Compare them side by side.
| Local dealer or contractor financing | Canyon fixed-payment loan | Credit card | |
|---|---|---|---|
| Payment | Set by the offer; read the terms | Fixed monthly payment | Changes with your balance |
| Watch for | Deferred interest on promotional offers | Total cost in writing before you sign | Interest on any balance you carry |
| Best when | You can pay the promotion in full before it ends | You want a set payoff date | You can pay the balance quickly |
Ask the contractor or retailer for financing terms in writing, including any deferred interest rules.
Already have a contractor estimate? Bring it in or apply online today.
Estimate your project and your payment
Get a written estimate
Ask your contractor or store for a written estimate that includes labor and installation. Add a cushion for permits or extra materials.
Pick a payment that fits
Choose a monthly amount that fits alongside your other bills, with room for the unexpected.
Compare the total cost
A shorter term means a higher payment and less interest. Decide on the total cost, not the monthly figure alone.
Plan for changes
If the estimate grows after you sign, ask how the loan amount would change and whether a second loan would be needed.
Pros and cons of a home improvement loan
Pros
No home pledged on unsecured loans
Fixed payments you can budget for
Many applicants get an answer the same day
Local offices in Twin Falls, Jerome and Burley
Watch out for
Repair loans run $500 to $1,000 at Twin Falls and Jerome
A full roof or a large remodel may need another plan
Approval is not guaranteed; the amount depends on your application
Total cost depends on your APR and term
Compare with a credit union or bank offer before you choose a larger project loan.
Read promotional financing carefully
Some contractor and store offers use deferred interest: if the balance is not paid in full by the end of the promotion, interest can be charged back to the purchase date. Get the terms in writing.
What to bring when you apply
We review your income, existing debts and credit history for each application. Bring these to speed things up.
- Written estimate from your contractor or store
- A government-issued photo ID
- Recent proof of income
- Proof of address
Apply or visit a local office
Canyon Financial is locally owned and operated, with offices in Twin Falls, Jerome and Burley. Apply online or sit down with us in person.
Either way, you will see your APR and total cost in writing before you sign. Start your application or find your nearest office.
- Twin Falls: 488 Blue Lakes Blvd N, Ste 105, (208) 734-3147
- Jerome: 240 South Lincoln Ave, Ste A, (208) 324-1485
- Burley: 485 East 5th North, (208) 677-2221
How to apply
- 1
Choose your office
Pick the Twin Falls, Jerome or Burley office closest to you and start online, by phone or in person.
- 2
Apply
Fill out a short credit application. We review each application individually, not just a score.
- 3
Get a decision
Many applicants get an answer the same day. We will tell you if we need anything else.
- 4
Review and sign
Your amount, APR, payment and term are disclosed in writing before you sign. Ask us anything.
What to bring
- Valid government-issued photo ID
- Recent proof of income (pay stubs, benefits letter or bank statements)
- Proof of address (a recent utility bill or lease)
- For vehicle-secured loans: the vehicle title, registration and proof of insurance
- For purchase loans: the seller's or dealer's information and the price of the item
Requirements can vary by loan. Call your office to confirm what you need before you visit.
Loan amounts by office
| Office | Purchase loans |
|---|---|
| Twin Falls | Up to $10,000 |
| Jerome | Up to $10,000 |
| Burley | Up to $10,000 |
Amounts depend on your application, income, credit history and collateral. Approval is not guaranteed.
Apply at a Magic Valley office near you
Canyon Financial of Twin Falls
488 Blue Lakes Blvd N, Ste 105
Twin Falls, ID 83301
Serving Twin Falls since 2001
Home Improvement Loans near you: Home Improvement Loans in Twin Falls · Home Improvement Loans in Jerome · Home Improvement Loans in Burley
Home improvement loan questions
Can I get a home improvement loan with bad credit?
Possibly. Canyon Financial works with people banks and credit unions have turned down, and reviews each applicant individually. Approval is not guaranteed, and the amount, term and cost depend on your application, income, credit history and collateral. Be wary of any offer that promises approval without reviewing your situation.
Is a home equity loan better than a personal loan for renovations?
It depends on the project and your risk tolerance. A home equity loan uses your house as collateral, so your home is at risk if you cannot repay. The loans on this page are unsecured personal loans and purchase loans, so your home is not pledged. Compare the total cost and how quickly you need the money.
Does a home improvement loan require a home appraisal?
An unsecured personal loan does not use your home as collateral, so an appraisal is not part of that process. Loans secured by property may require a valuation. Lenders commonly ask for ID, proof of income and proof of address. Ask us for the checklist for the loan you are considering.
How do I finance a new HVAC system with bad credit?
Start with a written estimate from an HVAC contractor, then compare financing options. Some contractors offer promotional financing, so read the terms for deferred interest. A Canyon purchase loan is one option, with amounts up to $10,000 for HVAC and similar purchases. Approval depends on your application, income and credit history.
Do appliance stores offer financing with bad credit?
Some do, usually through a third-party lender or a store card, and terms vary widely. Financing offers often say subject to credit, and advertised promotional terms may not apply to you. Before you buy, compare the store offer with a Canyon purchase loan for appliances, up to $10,000 depending on your application.
What is the best loan for home repairs?
It depends on the repair, the amount and the timing. For an urgent repair, an unsecured personal loan with a fixed payment can be simple. Canyon repair loans run $500 to $1,000 at Twin Falls and Jerome, and up to $5,000 at Burley. For a larger project, compare the total cost of credit union, bank and lender offers.
Can I use a personal loan for a roof replacement?
A personal loan can be used for home repair, and roofing is a common repair. Canyon unsecured repair loans are $500 to $1,000 at Twin Falls and Jerome, and up to $5,000 at Burley, so a full roof replacement may need a different plan. Get a written estimate from your roofer, then call or visit a local office.
Ready to get started?
Apply online, call your nearest office, or stop by and talk with us in person.