Home Improvement Plus Loans

Need funds for home improvements, rehabilitation or repairs? Apply for a USSFCU Home Improvement Plus loan and get the funds that you need to begin those home upgrades. This fixed rate, closed-end home equity loan is designed for homeowners who need renovations big or small.1 Enjoy personalized decision-making and customized service from beginning to end.

A new and enhanced online loan application platform is coming soon.

To apply for a loan, please contact Member Service Center at 202.224.2967 or visit a branch.

  • Fixed rate is locked for the life of the loan
  • Designed for members with little or no equity in their primary residence
  • Loan amount ranges from $7,500 to as much as $70,000
  • Terms up to 180 months
  • Interest may be tax deductible2

1 APR = Annual Percentage Rate. Loans are subject to credit approval. Rates and/or credit limits are based on creditworthiness, income and debts. Not all applicants will qualify for the lowest rate. Home Improvement Plus loan offers fixed rates, loan amounts between $7,500 and $70,000 and repayment terms up to 180-months. A Home Improvement Plus loan with an original balance of $25,000 and a 180-month term with an APR of 6.99% totals a monthly payment of $224.57. Rates effective as of September 1, 2018. Appraisals may be required for Home Improvement Plus loans with a debt to income ratio over 43%. Appraisal fees can range from $380-$450 and may be higher based on property values or for remote properties. 2 Consult a tax advisor.

The United States Senate Federal Credit Union complies with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). A list of our registered originators can be found by searching for the United States Senate Federal Credit Union here.