Renovate works with reputable contractors who offer affordable and flexible financing options so you can make upgrades from the ground up. Floor loan amounts and terms vary based on your creditworthiness and the home improvement companies that offer financing.
For example, if you get flooring financing for a project costing $15,000 at an APR of 10% over 48 months, you would pay about $380 monthly. Your total cost to repay the loan would be $18,261.
With so many types of flooring to consider, finding one that clicks into place can feel overwhelming. Luckily, Renovate’s contractors have the experience and know-how to help you choose a material that’s the perfect fit:
Hiring a local flooring contractor to install new flooring costs about $4 to $32 per square foot, including labor and materials.
The type of flooring material that’s best for your home depends on the area you’re putting it in, the traffic it gets, your local climate, and your desired aesthetic. Laminate and vinyl materials are durable, budget-friendly options, while tile, stone, and natural hardwood can add a custom flair to your home—for a price.
| Flooring Type | Estimated Cost |
| Tile | $14–$20 |
| Hardwood | $14–$32 |
| Engineered wood | $4–$14 |
| Carpet | $3–$6 |
| Laminate | $4–$13 |
| Vinyl/linoleum | $2–$12 |
| Stone | $10–$16 |
| Concrete | $2–$16 |
Feet and paws are bound to wear down your flooring over time. If you need to repair or upgrade the floors in your home, our network of reputable contractors can help you address some of the following common flooring problems:
Many factors determine the process of putting down the luxury flooring of your dreams. Renovate’s network of top-notch contractors will consider the size of your room, budget, and subfloor condition before laying down a single plank.
Here are some of the aspects they might walk you through before starting a flooring project:
If you’re dealing with warping, squeaky floors, or water damage, you might need to replace your subfloors, the base layer that supports your flooring. Putting down new flooring or underlayment, like marble, carpet, or linoleum, requires laying the proper foundation first (literally). Our experienced contractors can consider the condition of your existing base layer and the new style of flooring you’re after to determine whether you need to improve the condition of your subfloor before installing any new material.
When putting down new floors, you’ll need to account for the finishes and add-ons you’ll use to achieve your desired look, such as installing new baseboards or adding a top coat to protect your investment. Finishes like polyurethane, urethane, or wax are suitable for sealing the materials you lay down in high-traffic spaces, entryways, and living rooms. Renovate’s network of skilled contractors can help you determine an appropriate timeline (and budget) required to complete the project.
Keep durability and water resistance in mind when selecting flooring material. For example, areas with high moisture levels, like bathrooms, will need a material that won’t warp or stain. Areas prone to children’s feet and pet paws require a material that can handle high traffic without scratching or scruffing. Let our top-notch contractors put you a step in the right direction with recommendations on the most durable and long-lasting flooring for your home.
Your chosen patterns will determine the material you need to cover the space for tile and planked floors like hardwood. Stacked patterns, in which the floor is laid in straight lines, are cheaper than herringbone or chevron. Complex patterns will also require more labor when considering the amount of cuts needed to match each edge. Renovate’s home improvement contractors can help you design and layout the flooring to meet your vision.
Renovate helps homeowners get polished and shiny new floors without breaking the bank. Here are some of the benefits of using Renovate to secure a loan to install flooring:
It’s free to use our financing request form and connect with experienced contractors who may offer flexible financing solutions. Renovate will reference its network of pre-screened home renovation professionals and show you affordable payment plans for installing new flooring without a high upfront cost.
Renovate strives to connect homeowners with varying credit profiles to reputable, pre-screened contractors and direct financing options. Our extensive, inclusive lender network secures more opportunities for floor financing that helps cut up your costs into more affordable payments that make your home improvement goals attainable.
With Renovate, you may get a pre-qualification offer in minutes. Submit your request using our online form, and we’ll try to connect you with contractors who offer hardwood flooring financing near you so you can replace or refinish your floor quickly.
Floor financing may be available to homeowners with bad credit through private financing companies, but the interest rates and fees will be higher. It’s worth comparing lenders to determine who offers the best terms for making upgrades more affordable. You can typically pre-qualify for financing and view offers using a soft credit check, though a hard credit check will be performed during the application process. Applying with a cosigner may also improve your approval odds for financing with bad credit.
New flooring improves the look of your home, which many buyers find appealing. How much ROI new flooring adds to its value depends on the material you choose to lay down. The National Association of Realtors found that installing new wood flooring recoups 118% of its costs, and refinishing an existing hardwood floor can return 147%.
With a home improvement loan, you can purchase a flooring material, install it, and pay for it over time through lower monthly payments. Financing terms and your costs will differ depending on the lender or home improvement contractor offering financing.
