Home Loans in Purvis and Hattiesburg, MS

Traditional home loans aren’t the only option when it comes to funding improvements to your property. If you aren’t eligible for home equity loans, but you need money for necessary repairs, consider a personal loan from Longleaf Finance. These loans can be used for various purposes, including projects that can increase your home’s value.

How Personal Loans Can Be Used

Personal loans, also known as installment loans, are fixed-rate loans that you repay over a specified time period by making regular monthly payments. Unlike credit cards, which have payments that change over time, personal loans make it easy to budget your money and can help boost your credit if you make payments on time.

When you are approved for a personal loan, you can use the funds for any of these common purposes:

  • Home improvements
  • Auto purchase or refinancing
  • Auto repairs
  • Vacations and travel
  • Recreational vehicle purchase
  • Motorcycle or all-terrain vehicle purchase
  • Boat purchase
  • Funeral expenses
  • Wedding costs
  • Medical bills
  • Consolidating other debts

You can also use your personal loan to improve cash flow, which can make it easier to afford everyday expenses and pay down other debts.

Home Projects and Improvements

Has your bathroom seen better days? Do you need new windows, a new HVAC system, or just a landscaping upgrade? Whatever your home improvement needs, our personal loans can give you the funds you need to upgrade your living space.

When you take out a home equity loan or line of credit, you’re putting your property on the line. If you become unable to repay the loan, your home could be repossessed. With a personal loan, you can protect your homestead and retain your equity.

Home projects are often completed in several stages, especially if you’re planning major renovations. Personal loans provide capital for labor and materials, so you can get started today while paying for the project over time. With fixed interest rates and fixed monthly payments, you don’t have the uncertainty and high fees associated with credit cards. Loans from Longleaf Finance are also a more appropriate choice to fund small projects than traditional bank loans, which may require you to borrow more than $10,000.

The approval process for Longleaf Finance is fast and easy, and our team will be happy to answer your questions. You could have your funds the same day if you submit a successful application before noon. Contact us at 601-348-2477 to learn more about our loan process, or start your application online today.