Financing
Spread the cost of your building over 5 to 30 years.
We work with HFS Financial, who arrange home improvement loans nationwide. Personal loans, so there is no equity requirement and no lien on your house. Checking your options takes minutes and does not affect your credit score.
- No home equity needed
- Fixed rates, no prepayment penalty
- Funds paid to you, not to us
- Same-day answers
Visit HFS Financial to check your rate (opens in a new tab)4 terms available at this amount
Check my rateAn estimate, not an offer. Figures use rates HFS published in November 2026 and assume you qualify for them. Inquiring on the HFS site does not affect your credit score.
$450,000Maximum loan amount
100,000+Homeowners funded
20,000+Contractors on the platform
4.7 / 5From 2,489 reviews
01 Why this works
A personal loan, not a second mortgage.
Home equity products put your house on the line and take weeks. These do neither.
No home equity needed
These are personal loans. No refinancing, no second mortgage, no appraisal on your house.
Fixed rates
The rate is locked at closing, so the payment you budget for is the payment you make.
Terms from 1 to 30 years
Stretch it for a lower payment or keep it short to pay less interest overall.
Funds go to you
HFS disburses to the homeowner, not the contractor, so you control when we get paid.
No prepayment penalty
Pay it off early whenever you like and nothing is added for doing so.
Inquiring will not affect your credit
Checking your options is a soft pull. Your score is untouched unless you proceed.
02 How it goes
Four steps, and the first one costs you nothing.
- 1
Inquire
A short form on the HFS site. No effect on your credit score, and answers the same day.
- 2
Get prequalified
See your loan options instantly, or talk it through with an HFS loan consultant.
- 3
Verify
Upload the basic documents the lender needs to confirm what you told them.
- 4
Get your funds
Proceeds are available within 48 hours of approval, paid to you rather than to us.
03 HFS customers
What borrowers say about HFS.
These are reviews of HFS Financial left by their own customers, not reviews of Iron Ridge. They rate 4.7 out of 5 across 2,489 of them.
Jason Sidle and Krystie McMahon were absolutely amazing! From pre approval, processing, underwriting, to funding in one week. Very responsive and communicated everything. Highly recommend!
Amanda and Alexis were very on top of processing my loan. They were so attentive and answered all my questions, and there were a ton of questions from my side! They made me feel comfortable in the process.
I highly recommend HFS Financial. Rodney and JP were great to work with. Rodney answered all my questions in the beginning and JP kept me informed of every step in the process.
Vicky and Kendra were very professional, knowledgeable, patient, and helpful. We are grateful for their assistance.
Andrea was very quick with answers and with the approval process. Appreciate the professionalism throughout.
Had a great experience with dealing with this company. I would recommend.
04 Questions
Before you inquire.
Anything we can't answer, HFS can on 800-254-9560.
Does inquiring affect my credit score?
No. The inquiry is a soft pull, so your score is not touched. A hard pull only happens later, if you decide to move ahead with a lender.
What states does HFS cover?
HFS operates nationwide and can assist homeowners anywhere in the United States with home improvement financing. Individual lender programs and products do vary by state.
What rates and terms are available?
HFS lists rates from 7.8%, fixed, with terms from 1 to 30 years and no prepayment penalties. The rates on this page were read from our HFS page in November 2026 and will have moved since, so treat them as a guide and check your own on the HFS site.
What kind of loan is it?
A personal loan, not a home equity product. There is no equity requirement, no refinancing, no appraisal of your home and no lien placed on it.
Do I need to pay you first?
No. HFS pays the loan proceeds to you, not to us. You pay Iron Ridge on the same schedule as any other customer, which keeps you in control of the work.
Can I finance the whole project?
Often more than the whole project. HFS advertises up to 120% financing, which can cover site preparation and groundwork alongside the building itself. What you qualify for depends on the lender.
Find out what you qualify for.
It takes a few minutes, the answer comes back the same day, and your credit score is untouched either way.
Visit HFS Financial to check your rate (opens in a new tab)Important disclosures
HFS Financial is not a lender. NMLS and MD CSB # 1680766.
An inquiry submitted to HFS Financial is for the purpose of obtaining information about a potential loan provided by a third-party lender, under terms arranged directly between you and that lender. HFS does not guarantee any rate, point or loan program offered by an unaffiliated third-party lender. Products and services vary by state and by lender, and not all applicants will qualify.
Representative example published by HFS: a closed-end loan from a third-party lender for $60,000 at a fixed rate of 7.8%, an APR of 8.33% and a term of 20 years would result in 240 payments of $514.15, assuming the loan is not paid off early. Loan programs described have no prepayment penalties.
Payments shown by the estimator on this page are illustrative only. They are calculated from rates published by HFS Financial and are not an offer of credit, a quote, or a commitment to lend by Iron Ridge Steel or by any lender.
Iron Ridge Steel is not a lender, a broker or a credit intermediary, and receives no part of any interest you pay. Financing is arranged between you, HFS Financial and a third-party lender.