Home Upgrade Loan - Hero Image

Home UpGrade Loan

Whether you’re planning energy efficiency upgrades or tackling an emergency repair, we offer an affordable, long-term financing solution to help make your home more comfortable.

Quick Online App

Instant Credit Decision

Seriously Paperless

No Documents Needed

Fixed Rate

No Gimmicks

Zero Down

No Equity Required

Don't get trapped by a
"0% Financing" gimmick.

Vanderbilt's fixed rate financing provides longer term value.

At Vanderbilt, we don't believe in short term teaser rates that skyrocket after the "promotion" expires. We offer long-term financing with fixed interest rates and no prepayment penalties. If your area is covered, our financing solution helps keep your monthly payments lower to better fit your budget and help get your upgrades done today!

Vanderbilt Fixed Rate Financing*EXAMPLE OF "0%" 12 MONTH FINANCING**
Total Invoice Amount$8,000$8,000
Initial APR7.99%0%
APR After 12 Months7.99%28.99%*
Monthly Payment for 10 Year Term (est)$97**$205**
Total Interest Paid (est) over a 10 Year Term$3,644$16,566

0% Financing Fine Print: If the original balance is not paid in full within the 12 month - 0% financing period, all interest that would have been charged during that period will be added to the account from the purchase date at a rate of 28.99%.

* **See below for examples of Vanderbilt fixed-rate financing and 0% financing.
All loans subject to credit approval. Not all applicants will qualify.

Upgrade Your Home Today

  • Long term financing - 5 to 10 years
  • Low monthly payments
  • We pay your contractor directly
  • No prepayment penalties, ever
  • Loan amounts from $2,500 to $25,000***
  • No hoops, just upgrades

***See below

Are you a contractor interested in partnering with Vanderbilt?

We offer simple financing solutions to help your customers and keep your costs down. Please contact us for more info.


Hours: 8:30 am to 7:30 pm EST, Monday - Friday

Attn: Consumer Lending

Vanderbilt Mortgage and Finance, Inc.

PO Box 9800

Maryville, TN 37802

All Loans Subject to Credit Approval. Not all applicants will qualify. Subject to state regulation. This advertisement is for Consumer Loans. Loans made or arranged pursuant to a California Finance Lenders Law license.

Vanderbilt Mortgage and Finance, Inc. 500 Alcoa Trail, Maryville, TN 37804, 865-380-3000

*Vanderbilt Home Upgrade Loan only, example of 10 year fixed rate term with $8,000 loan amount for eligible improvements installed by a member of an approved contractor network for a home in an eligible state with an application received by March 31, 2021. $0 down payment, 120 monthly payments of $97.02 (P & I). 7.99% APR 7.99% Interest Rate as of 1-12-2021. Minimum credit score of 740 required. Other interest rates available for lower credit scores (minimum 640 credit score required for approval). Rates and terms subject to change. All loans subject to credit approval. Vanderbilt Mortgage and Finance, Inc., 500 Alcoa Trail, Maryville, TN 37804, 1-888-893-8792, www.vmf.com/home-upgrade-loan.

**Example of 0% financing with an introductory 0% interest 12 month period for a home improvement credit card with an $8,000 beginning balance. $0 down payment, 28.99% APR after 12 month Introductory no interest period expires. Payment example based on 120 monthly payments of $205 over a ten year term with $2,299 of accrued interest added after expiration of the 12 month interest free period. Monthly payment amount of $205 may be more than the minimum monthly payment amount due and is used for illustration purposes for a ten year payment term. Total interest estimates based on monthly payments made on due dates. Interest calculation examples are for informational purposes only and will vary depending on amount of and dates payments are made. Vanderbilt Mortgage does not offer credit card financing and reference to credit card payment terms are only for comparison purposes.

***Maximum loan amount varies based on credit score. $25,000 maximum loan amount available with minimum credit score of 740. $15,000 maximum loan amount for lower credit scores (minimum 640 credit score required for approval).