What Is A Conventional RemodeloanSM?
Becoming an Approved Contractor is a FREE and simple process. 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 $50,000 with NO DISCOUNTS PAID BY CONTRACTORS
- Unsecured loans up to $15,000
- Fast approvals/few loan requirements
- No points or “junk” fees
- Deferred payment options available
- Contractor offers fixed & low rates, better than typical credit card programs
- Minimal equity required
- Appraisals rarely required
- Owner occupied properties accepted
Servicing Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Tennessee, Virginia, Wisconsin