Who can take out a home renovation loan?

The home renovation loan is primarily intended for homeowners who wish to finance works in their own property. If you are the owner of your house or apartment, this type of loan usually offers more advantageous conditions than a standard personal loan, with terms adapted to the nature and amount of the works. Tenants, on the other hand, cannot generally benefit from the preferential conditions of a specific renovation loan. They will have to opt for a classic personal loan to finance minor improvements or non‑structural works authorized by the landlord. Before applying, it is important to clearly define your project: type of work (insulation, extension, interior renovation, garden landscaping, veranda, etc.), estimated budget, and ideal repayment period. These elements will guide the choice of the best financing solution.

What are the conditions for taking out a renovation loan?

To obtain a renovation loan under good conditions, the lender must be able to clearly assess both your project and your financial situation. Below are the typical documents and criteria most financial institutions will require:

• Be the owner of the property to be renovated
• Provide a quote signed by both parties (contractor and owner)
• In the absence of a quote, provide the detailed invoice for the works
• The quote must generally cover at least 80% of the borrowed amount
• Valid identity card
• Last three payslips or proof of income
• Recent bank statements showing salary payments
• Title deed of the property
• For married couples, the loan is generally taken out in both names

These elements enable the lender to evaluate your repayment capacity and ensure that the funds are actually used to finance the planned works. A complete and well‑prepared file often allows for faster approval.

Personal loan or mortgage loan for your renovation?

When financing renovation works, a recurring question is: which formula is more advantageous, the personal loan or the mortgage loan? The answer depends on the amount you wish to borrow, the guarantees you can provide and the overall cost of each solution. In many situations, the personal loan proves to be the most attractive option. Even though mortgage loans often offer lower nominal interest rates, they also generate significant additional costs (notary fees, registration taxes, deed fees, etc.) which can offset the advantage of the lower rate. Personal loans, on the other hand, have slightly higher interest rates but very limited ancillary costs. As a rule of thumb, for amounts below approximately €25,000, and unless your situation requires other guarantees, the personal loan is often the most suitable solution. Above a certain threshold or for very large works, a mortgage‑backed solution can become more interesting.

Renovate today to save tomorrow

In 2026, against a backdrop of rising energy prices and environmental challenges, investing in your home’s energy performance is more relevant than ever. Insulating your roof or walls, replacing windows, upgrading your heating system or choosing low‑consumption household appliances are all decisions that combine economic gain and ecological responsibility. Beyond comfort, each renovation that improves energy efficiency helps reduce your carbon footprint and protect yourself from future increases in energy costs. A well‑designed renovation loan lets you act now, without having to wait to save the entire amount needed.

With CPE, you benefit from competitive conditions and personalized support: our brokers analyze your profile, compare the options available on the market and help you choose the financing that best matches your project and your repayment capacity.