There are many types of home loan that people borrow and one of them is Home Improvement Loan. These loans are borrowed by the home owners for the upgrading of the home. This could be with any motive and some of these motives could be
To get the better resale value from property.
To face lift the image of a home.
To put new additions or expansion.
To upgrade a structural requirement.
To buy an interior decorations for the home
Or to uplift the image of the home owner in its neighborhood.