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Financing

 

Get your dream project done by turning a large purchase into affordable monthly payments. We work with Enhancify to help you get quick and easy financing.

 Want help finding and choosing the right financing options? Give us a call at 240-394-9840.

HOW IT WORKS

1. SUBMIT A 60 SECOND APPLICATION ON OUR WEBSITE
2. REVIEW OFFERS, AND SELECT THE ONE THAT’S RIGHT FOR YOU
3. FINALIZE YOUR APPLICATION WITH A LENDER AND GET FUNDING IN 1-5 BUSINESS DAYS.

0% – APR
Promotional
Financing Available
Simple
60 Second
Application
Request
$1,000 – $100,000
In Funding

1-7 year
Terms

Instant
Pre-approval

Funds available as quickly as in
1 business day

APR Starting at
5.99%

Soft Pull

About Enhancify

Enhancify is an online financing marketplace that makes it easy to see and compare many home improvement financing options in one place.

The platform uses new technology to make the financing process faster, simpler, and more transparent, by connecting you with personalized pre-qualified offers from 15 leading lenders in real-time.

FAQs

Does Enhancify charge any fees to the consumer?

No, we do not charge any fees to the consumer to utilize our services. Each lender you are matched with determines their own policy on what they charge. We are unable to determine the amount of closing costs or out-of-pocket expenses you may incur, however, if we are able to match you with a lender, you can discuss your specific situation with them once you are in contact.

Does Home Tailor charge any fees to the consumer?

Yes, depending on which financing product you choose. The 0% APR offer is processed as a credit card payment and Home Tailor’s 4% credit card processing fee will apply. The Personal Loan offer is processed as cash/check and Home Tailor does not charge additional fees.

Are there any credit score requirements?

We are able to assist customers who have poor, fair, good, very good and excellent credit. Each of our lending partners vary on what type of credit quality they will approve. Some of our partners accept credit scores as low as 500, while other partners require credit scores of 800+. Depending on the customer’s information they provide, will determine which options are presented to them and it is up to the lending partner to decide whether or not the customer will get approved.

How many days will it take for the customer to receive their funds?

It all depends on the lending partner. Most loans will fund within days. For example, if the customer applies for a credit card, it can take up to 2 days for the application/approval process and up to 5 days for the customer to receive the card in the mail. If the customer applies for an unsecured loan, than it could take anywhere from 1 to 5 business days, depending on whether or not additional documentation is requested from the customer.

Am I obligated to any of the options that Enhancify matched me with?

No, if you apply to a lender and for whatever reason you decide not to move forward, you are not obligated to accept the loan.  We do recommend you notify the lending provider as to why you don’t want to proceed with the application or the acceptance of the loan offer.

Is my information secure with Enhancify?

We take your privacy seriously and all of your information is safe and secure through a variety of different ways. One way is by using a SSL (Secure Sockets Layer) to establish an encrypted link so everything you provide to us remains private. You can review our privacy and security policy here.

Does Enhancify or its lending partners pull a credit report?

No, we do not pull your credit and in most instances our lending partners will only do a soft inquiry. However, if the lending partner does do a hard inquiry, the lender will notify you beforehand, usually somewhere on their website or prior to submitting your application with them. It is very important you read their terms and conditions prior to submitting your application.

What is the difference between a hard inquiry and a soft inquiry?

Simply put, a soft inquiry is an inquiry that occurs when either you, a credit card company, or a lender checks your credit to pre-approve you to offer you credit. Soft inquiries do not appear on your credit report, nor do they impact your credit scores.

A hard inquiry is an inquiry that occurs when you apply to a bank or lender so they can review your credit report as part of their decision-making process. A hard inquiry does show up on your credit report and will impact your credit score. This type of inquiry appears on your credit report for two years (24 months), however, it will only impact your credit score for the first year (12 months).

What is the difference between an unsecured loan and a secured loan?

An unsecured loan, also referred to as a personal loan, is a loan that is based solely on the borrower’s creditworthiness, rather than by any type of collateral. An unsecured loan can be used for almost any purpose, including home improvements, debt consolidation, wedding expenses, etc.

A secured loan is a loan that uses an asset, such as a car or home, as collateral. If you default on the loan, the bank/lender can repossess the car or home.

Are there any prepayment penalties or equity in the home required?

No, the lending partners in our network do not have any prepayment penalties and there are absolutely no equity requirements as the loan programs offered are all unsecured loans.

Are there any loan purpose restriction?

No, the proceeds from the loan can be used for all home improvement and renovation projects and costs associated.