
RENOVATION LOANS
Whether you're updating your kitchen, extending your home or planning a complete transformation, we'll help you explore renovation home loan options that bring your plans to life.
Understand your borrowing options before committing to your renovation plans.
Explore how the equity you've built in your property could help fund your next project.
From cosmetic upgrades to major extensions, we'll help you find a loan suited to your renovation.
Your home has potential. The right finance can help you unlock it. Whether you're making small improvements or undertaking a major renovation, we'll help you navigate your financing options and find a renovation home loan that suits your budget, property and future plans. From accessing available equity to exploring construction and renovation loan options, we'll guide you through the process from start to finish.
Every renovation is different, and the right way to fund yours will depend on the size of your project, available equity and existing financial commitments. You may be able to access equity in your property, refinance your current mortgage or explore a renovation home loan with staged payments for larger building works. Understanding the costs, loan features and repayment obligations is an important part of making an informed decision.
At Fulton Financial, we take the time to understand your renovation goals and explain the lending options available to you. We'll help compare suitable loans, coordinate lender requirements and manage the application process, so you can focus on the exciting part: creating a home that works better for you.
A SIMPLER WAY FORWARD
Clear advice and practical guidance at every step of your home loan journey.

YOUR HOME LOAN JOURNEY
01 Let's talk
02 Explore options
03 Move forward
Tell us what you're planning, your estimated renovation budget and what you'd like to achieve.
We'll review your financial circumstances, available equity and borrowing capacity to understand your finance options.
We'll explore renovation home loan options, interest rates and loan features to help you find a suitable solution.
We'll help organise the required documents, renovation quotes and building plans, where applicable, before submitting your application.
We'll guide you through the lender's assessment and approval process, including any valuation or progress payment requirements.
With your finance arrangements in place, you're ready to move forward with your renovation. We'll remain available as your needs evolve.
A renovation home loan is a financing option that can help homeowners fund improvements, extensions or major upgrades to their property. Depending on your circumstances and the scope of work, finance may be available through your existing mortgage, a refinance or a construction-style loan.
Yes, if you have sufficient usable equity in your property, you may be able to access some of it to finance your renovation. The amount available will depend on your property's value, existing mortgage, financial circumstances and the lender's requirements.
Not necessarily. Some lenders allow you to increase your existing home loan, while others may require a refinance or a separate loan facility. A mortgage broker can help you compare your options.
Your borrowing capacity depends on factors such as your income, expenses, existing debts, available equity and the lender's assessment criteria. For larger renovations, lenders may also consider the property's expected value after the work is completed.
Yes. Major structural renovations and home extensions may be financed through a construction-style loan, which typically releases funds in stages as building work progresses. Requirements vary between lenders.
That depends on your financial circumstances, renovation budget and long-term goals. Using savings avoids additional borrowing costs, while a renovation home loan may allow you to retain cash reserves. We can help you explore the available lending options.
LET'S TALK HOME LOANS
Buying, refinancing or investing? Tell us a little about what you need and we'll help you explore your options.
Leave your details and we'll be in touch.
^Individual lenders may charge fees to the customer.