What Is RemodeloanSM?
RemodeloanSM is a conventional home improvement loan used by our approved contractors to finance most types of projects. Some features of South Central Bank’s RemodeloanSM are:
- Low, fixed interest rates based on loan amount and credit scores (not equity)
- Loans up to $100,000
- Unsecured loans up to $15,000
- Fast approvals/few loan requirements
- No points or “junk” fees
- Deferred payment options available
- Contractor offers bank financing, not high-rate financing
- Minimal equity required
- Appraisals rarely required
- Owner occupied properties accepted
Servicing Illinois, Indiana, Iowa, Ohio, Kentucky, Minnesota, Wisconsin, Michigan, Missouri, Pennsylvania, Virginia, Georgia, Tennessee and Maryland