Have Questions? 888-508-6572
HomeCloset Installation

Closet Installation Financing

Transform your closet into an organized oasis with Renovate. We may connect you with trusted contractors in your area who offer closet installation financing.
Closet Installation Financing
Elevate your home with competitive and hassle-free financing solutions for building a custom closet.
Start by completing our simple request form to explore closet installation financing options through our contractor network.

How To Get Financing for Your Custom Closet

Step 1
Fill in our request form with your personal and financial information, along with closet project details, directly on Renovate.com.
Step 1
Step 2
Your request will be evaluated in real-time, and you may receive a preliminary offer on your screen shortly thereafter.
Step 2
Step 3
If you select the offer, you will be redirected to complete a detailed closet installation application.
Step 3
Step 4
If approved by a lender, your closet installation contractor will begin work while you make monthly payments toward the financing option you’ve selected.
Step 4

What is Custom Closet Financing?

A custom closet financing loan helps homeowners spread the cost of designing and installing storage solutions over manageable monthly payments. These projects can include built-in reach-in closets, walk-in systems, freestanding wardrobes, and more. Rather than paying thousands of dollars upfront, you can preserve cash flow and start enjoying your new, highly functional closet immediately.
What is a Closet Installation Loan?

Types of Closets

Our network of trusted contractors is experienced in building various types of closets and can advise you on the best type for your needs. Below are the most popular kinds of closets for which you can request a loan through Renovate.

  • Walk-in Closets: Fully customized layouts in a dedicated room or large nook, offering maximum storage capacity and organization. They include island cabinets, jewelry trays, built-in drawers, pull-out accessories, and accent lighting.
  • Reach-in Closets: These compact and efficient closets fit into alcoves or along walls. It can be a great alternative if your space doesn’t permit a walk-in closet. Reach-in closets are ideal for bedrooms or hallways and typically feature adjustable shelves, double-hung doors, and slim shoe racks.
  • Wardrobes and Armoires: Freestanding wardrobes and armoires are portable, all-in-one units that can be perfect for renters or extra storage. These pieces combine hanging space, shelving, and drawers in a single furniture-style element.
  • Pantry and Linen Closets: These are deep shelving systems designed to store bulk items like pantry staples, linens, or cleaning supplies. Pull-out baskets and roll-out trays make access effortless.
  • Open-Concept Closets: These closets include doorless designs that showcase your wardrobe as part of your room’s decor. Open-concept closets use sleek shelving, exposed rods, and integrated lighting to create an airy, showroom-style look.
  • Hall or Coat Closets: If you have the space, hall or coat closets can be installed for outerwear storage near entryways. These closets are typically outfitted with sturdy hooks, top shelves for hats or gloves, and lower cubbies for shoes and umbrellas.

What Is the Cost of Custom Closet Installation?

A closet typically costs between $25 and $40 per square foot. The total cost depends on several factors, including the closet's materials, finishes, size, and design.

The average cost of building a custom closet is $1,100 to $4,500. Here is a breakdown of average costs based on the type of closet:

Type of Closet Average Cost
Reach-in Closet $500—$2,700
Walk-in Closet $750—$8,000
Built-in Wardrobe $1,000—$5,000
Freestanding Wardrobe Closet $1,000—$3,000

The price for building closets can also vary depending on your location. Here are the average costs of building a 35-square-foot closet in several cities:

City Average Cost
Toledo, OH $450—$1,000
Pittsburgh, PA $520—$750
Raleigh, NC $580—$1,500
Phoenix, AZ $600—$1,200
Dallas, TX $600—$1,600
Chicago, IL $650—$1,600
Minneapolis, MN $680—$1,200
Miami, FL $900—$1,700
Los Angeles, CA $1,100—$1,900
New York, NY $1,100—$2,300

Common Closet Problems

Installing a closet can come with several obstacles. An experienced contractor from Renovate’s vast network can help you identify and avoid these issues beforehand.

  • Lack of Defined Zones: Without designated areas for shoes, accessories, and folded items, closets quickly become disorganized. Tailored modules, such as drawers, cubbies, and pull-out trays, keep categories separate and accessible.
  • Poor Visibility and Lighting: Dim, overhead lights create shadows and make items hard to find. Integrated LED strips and puck lights illuminate every shelf and rod.
  • Wasted Space: Many DIY or off-the-shelf solutions leave awkward corners and upper shelves unused. A contractor can design around your room’s unique dimensions, maximizing vertical space with stacked shelving, corner units, and pull-out accessories.
  • Rigid Configurations: Pre-set shelving and fixed hanging rods can’t adapt to changing wardrobe needs. Professional installers use modular systems, allowing you to adjust shelf heights, swap drawers for baskets, or add specialty racks as your storage requirements evolve.

Factors to Consider Before Starting Your Closet Installation

There’s a lot to take into account when starting your closet installation. But luckily, our contractors have the experience to advise you before you begin your project. Here’s what they will help you consider.

Space & Layout Analysis

Space & Layout Analysis

Start by evaluating how much space you have and your room dimensions. A licensed contractor will measure the full dimensions of your closet area, including any irregular spaces, such as alcoves or under-stairs nooks. They will advise you on what type of closet suits your space best, considering the flow and accessibility of door swings and walking paths.

Storage Needs & Usage

Storage Needs & Usage

Consider how much storage you need daily and your long-term goals. Assess the types and quantities of clothing and accessories you need to store to land on the correct kind of closet. A closet contractor can help you determine if you need specialized compartments for shoes, jewelry, or seasonal items, making sure every piece has its designated area.

Materials & Finishes

Materials & Finishes

Choosing the right materials and finishes plays a key role in your closet's look and durability. Work with your contractor to find high-quality laminates or wood veneers that promise lasting beauty and fit within your budget. A thoughtfully selected finish will also enhance the visual appeal of your space and ensure your closet remains functional and stylish for years to come.

Financing Options

Financing Options

Investing in a custom closet is a long-term commitment that impacts your home’s future value. Although the cost may be high, the payoff boosts property value, and with flexible financing options, you can make recurring payments over several months. Renovate’s vast network of lenders offers competitive financing options, helping you start your project earlier without worrying about high upfront costs.

Benefits of Closet Financing with Renovate

Renovate helps streamline your custom closet project by connecting you with contractors who may offer transparent financing options. Here are the main benefits of working with us.

No Additional Costs

No Additional Costs

With Renovate, what you see is what you pay. There are no hidden fees, and your monthly payments are locked in from day one, so you can confidently budget.

Competitive Loan Rates

Competitive Loan Rates

Some contractors in our network may offer financing options through third-party lenders. These options can vary by lender and location, so you may choose a loan that fits your needs best.

Immediate Funding and Approval

Immediate Funding and Approval

Submitting a form through Renovate is simple and easy. You may receive results for a preliminary offer on your screen in a few minutes. If the lender approves your application, funds may be disbursed according to the lender’s timeline, which can vary.

Apply for a Loan

Apply for Closet Loan Now

Get Started

Check Other Home Renovation Loan Options

Closet System Financing FAQ

For built-ins inside an existing closet, you can expect costs to range from about $1,500 to $3,000 on average. Typically, these projects include custom cabinetry, shelving, drawers, and integrated hanging solutions tailored to your closet’s dimensions, often costing around $28 to $40 per square foot.

Deciding whether to build or buy a closet system depends on various factors. Building a closet system can be highly cost-effective, letting you tailor every detail while potentially saving thousands. Conversely, pre-made systems offer hassle-free installation and competitive pricing starting from around $200 upward. Ultimately, choose the option that best fits your lifestyle and long-term goals.

Consumers with less-than-perfect credit may still be eligible to submit a request. Keep in mind that all lenders will conduct a credit check, and terms may vary based on creditworthiness. Interest rates for bad credit loans tend to be higher than those with better credit standing.

Dive Deeper Into Closet Systems

Finance a Home Renovation

July 15, 2024
25 minutes to read

Budget Home Office

August 15, 2024
17 minutes to read

Who to Hire for Subfloor Replacement and Repairs in Your Home?

February 24, 2025
12 minutes to read
   
Renovate.com is a financial service technology provider specializing in connecting merchants and consumers with our network of independent lenders and contractors. While we host an application process on our platform, we are not a lender and do not make credit decisions. Our role is to facilitate the connection between consumers and potential lenders. This platform does not constitute a solicitation by Renovate.com to offer loans; all loan solicitations, terms, and conditions are provided by our independent lending partners.
The content provided on this Site is for informational purposes only and should not be construed as legal, business, financial, or commercial advice. You should conduct your own research and consult with professionals where appropriate before taking any actions. You assume responsibility for evaluating the merits and risks associated with the use of any information or other content on the Site before making any decisions based on such information or other content.
Advertiser Disclosure

The offers that appear on Renovate.com are from companies from which Renovate.com receives compensation. This compensation may impact how and where (including the order in which) offers are presented to consumers. Renovate.com does not make loan offers but instead pairs potential borrowers with lenders and lending partners. We are not a lender, do not make credit decisions, broker loans, or make short-term cash loans. We also do not charge fees to potential borrowers for our services and do not represent or endorse any particular participating lender or lending partner, service, or product. Submitting a request allows us to refer you to third-party lenders and lending partners and does not constitute approval for a loan. What you may be presented is not inclusive of all lenders/loan products and not all lenders will be able to make you an offer for a loan.