Deck Loans: Finance Your Deck or Patio in 2024

Last updated on May 29, 2024
Written by 
Annie Millerbernd
Assistant Assigning Editor
Kim Lowe
Edited by 
Kim Lowe
Lead Assigning Editor
Fact Checked
Annie Millerbernd
Written by 
Assistant Assigning Editor
Kim Lowe
Edited by 
Kim Lowe
Lead Assigning Editor
Fact Checked

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Deck Loans: Finance Your Deck or Patio in 2024

SoFi
SoFi Personal Loan
Best for Deck loans for good credit
5.0
Rate discount
Est. APR

8.99-29.99%

Loan amount

$5K-$100K

Min. credit score

None

Visit Lender
on SoFi's website
on SoFi's website
Check Rate
on NerdWallet
on NerdWallet
Key Facts:SoFi offers online personal loans with consumer-friendly features for good- and excellent-credit borrowers.
Qualifications:
  • Must be at least 18 years old in most states.
  • Must be a U.S. citizen, permanent or non-permanent resident, including DACA recipients and asylum seekers.
  • Must be employed, have sufficient income from another source, or have an offer of employment to start within the next 90 days.
  • Acceptable income sources: Employment, spouse’s income, retirement, alimony, child support, Social Security payments and disability benefits.
Available Term Lengths:2 to 7 years
Fees:
  • Origination fee: 0% to 7%.
  • Late fee: None.
Lightstream
LightStream
Best for Deck loans with no fees
4.5
Rate discount
Est. APR

6.99-25.29%

Loan amount

$5K-$100K

Min. credit score

660

Key Facts:LightStream is a solid option for good-credit borrowers, with no fees and a promise to beat competitors’ rates.
Qualifications:
  • Minimum credit score: 660, but can vary depending on the loan purpose and amount.
  • Maximum debt-to-income ratio: 50%.
  • Minimum credit history: 3 years.
  • Income sources accepted: Employment, retirement, rental income, alimony, child support, Social Security payments and disability benefits.
  • Must be a U.S. citizen or permanent resident who is at least 18 years old and has a U.S. bank account.
Available Term Lengths:2 to 7 years
Fees:
  • Origination fee: None.
  • Late fee: None.
Upgrade
Upgrade
Best for Deck loans for fair credit
Rate discount
Est. APR

9.99-35.99%

Loan amount

$1K-$50K

Min. credit score

580

Key Facts:Upgrade personal loans offer multiple rate discounts and direct payment to creditors. A low minimum credit score requirement makes the perks stand out even more.
Qualifications:
  • Minimum credit score: 580.
  • Minimum number of accounts on credit history: One account.
  • Maximum debt-to-income ratio: 75%, including mortgage payments.
  • Minimum length of credit history: Two years.
  • Minimum income requirement: None. Lender accepts income from alimony, retirement, child support, Social Security, disability benefits and other sources.
Available Term Lengths:2 to 7 years
Fees:
  • Origination fee: 1.85% to 9.99%.
  • Late Fee: $10.
  • Failed payment fee: $10.
RocketLoans
Rocket Loans
Best for Deck loans for fast financing
Fast funding
Rate discount
Est. APR

8.99-29.99%

Loan amount

$2K-$45K

Min. credit score

640

Key Facts:Rocket Loans offers fast funding for online personal loans to borrowers with fair and good credit, but it lacks some key features.
Qualifications:
  • Minimum credit score: 640.
  • Minimum annual gross income: $24,000.
  • Maximum debt-to-income ratio: 40% or 70% including a mortgage.
  • Minimum credit history: 2 years.
  • Must be at least 18 years old.
  • Must be a U.S. resident living in one of the states where the lender does business.
Available Term Lengths:3 to 5 years
Fees:
  • Origination fee: Up to 9%.
  • Late fee: $15.
  • Non-sufficient funds fee: $15.
Prosper
Prosper
Best for Deck loans for co-borrowers
Est. APR

8.99-35.99%

Loan amount

$2K-$50K

Min. credit score

560

Check Rate
on NerdWallet
on NerdWallet
Key Facts:Prosper is a peer-to-peer online lending platform that accepts borrowers across the credit spectrum and offers competitive rates and fees.
Qualifications:
  • Minimum credit score: 560; borrower average is 705.
  • Minimum income: No minimum requirement; borrower average is $131,000.
  • Maximum debt-to-income ratio: 50% (excluding mortgage); borrower average is 41.6% (including mortgage).
  • Must be at least 18 years old.
  • Must provide Social Security number and a U.S. bank account.
Available Term Lengths:2 to 5 years
Fees:
  • Origination fee: 1% to 9.99%.
  • Late fee: The greater of $15 or 5% of the unpaid amount.
  • Insufficient funds fee: $15.
  • Mailed-in payment fee: $5.
BestEgg
Best Egg
Best for Secured deck loans
Secured loans
Wide range of loan amounts
Est. APR

7.99-35.99%

Loan amount

$2K-$50K

Min. credit score

600

Key Facts:Best Egg offers personal loans for borrowers who want to consolidate debt and need cash fast.
Qualifications:
  • Minimum credit score: 600.
  • Maximum debt-to-income ratio: 70% including a mortgage.
  • Minimum credit history: 3 years and 1 account.
  • Acceptable income sources: Employment, household income, alimony, retirement, child support, Social Security payments and disability benefits.
  • Must be a U.S. citizen or permanent resident and at least 18 years of age.
Available Term Lengths:3 to 5 years
Fees:
  • Origination fee: 0.99% - 9.99%.
Discover
Discover® Personal Loans
Best for Deck loans for excellent credit
Fast funding
Est. APR

7.99-24.99%

Loan amount

$2.5K-$40K

Min. credit score

660

Key Facts:With competitive rates and no orgination fees, Discover personal loans are good options for borrowers with good and excellent credit.
Qualifications:
  • Minimum credit score: 660.
  • Minimum annual household income: $25,000. Income can come from employment, retirement, alimony, child support, Social Security payments and disability benefits.
  • Must provide a valid U.S. address and email address.
  • Must be 18 years old with a valid Social Security number.
Available Term Lengths:3 to 7 years
Fees:
  • Origination fee: None.
  • Late fee: $39.
SoFi
SoFi Personal LoanBest for Deck loans for good credit
Est. APR
8.99-29.99%
Loan amount
$5K-$100K
Min. credit score
None
Best for Deck loans for good credit
Rate discount
Visit Lender
on SoFi's website
on SoFi's website
Check Rate
on NerdWallet
on NerdWallet
Key Facts:SoFi offers online personal loans with consumer-friendly features for good- and excellent-credit borrowers.
Qualifications:
  • Must be at least 18 years old in most states.
  • Must be a U.S. citizen, permanent or non-permanent resident, including DACA recipients and asylum seekers.
  • Must be employed, have sufficient income from another source, or have an offer of employment to start within the next 90 days.
  • Acceptable income sources: Employment, spouse’s income, retirement, alimony, child support, Social Security payments and disability benefits.
Available Term Lengths:2 to 7 years
Fees:
  • Origination fee: 0% to 7%.
  • Late fee: None.
Lightstream
LightStreamBest for Deck loans with no fees
Est. APR
6.99-25.29%
Loan amount
$5K-$100K
Min. credit score
660
Best for Deck loans with no fees
Rate discount
Key Facts:LightStream is a solid option for good-credit borrowers, with no fees and a promise to beat competitors’ rates.
Qualifications:
  • Minimum credit score: 660, but can vary depending on the loan purpose and amount.
  • Maximum debt-to-income ratio: 50%.
  • Minimum credit history: 3 years.
  • Income sources accepted: Employment, retirement, rental income, alimony, child support, Social Security payments and disability benefits.
  • Must be a U.S. citizen or permanent resident who is at least 18 years old and has a U.S. bank account.
Available Term Lengths:2 to 7 years
Fees:
  • Origination fee: None.
  • Late fee: None.
Upgrade
UpgradeBest for Deck loans for fair credit
Est. APR
9.99-35.99%
Loan amount
$1K-$50K
Min. credit score
580
Best for Deck loans for fair credit
Rate discount
Key Facts:Upgrade personal loans offer multiple rate discounts and direct payment to creditors. A low minimum credit score requirement makes the perks stand out even more.
Qualifications:
  • Minimum credit score: 580.
  • Minimum number of accounts on credit history: One account.
  • Maximum debt-to-income ratio: 75%, including mortgage payments.
  • Minimum length of credit history: Two years.
  • Minimum income requirement: None. Lender accepts income from alimony, retirement, child support, Social Security, disability benefits and other sources.
Available Term Lengths:2 to 7 years
Fees:
  • Origination fee: 1.85% to 9.99%.
  • Late Fee: $10.
  • Failed payment fee: $10.
RocketLoans
Rocket LoansBest for Deck loans for fast financing
Est. APR
8.99-29.99%
Loan amount
$2K-$45K
Min. credit score
640
Best for Deck loans for fast financing
Fast funding
Rate discount
Key Facts:Rocket Loans offers fast funding for online personal loans to borrowers with fair and good credit, but it lacks some key features.
Qualifications:
  • Minimum credit score: 640.
  • Minimum annual gross income: $24,000.
  • Maximum debt-to-income ratio: 40% or 70% including a mortgage.
  • Minimum credit history: 2 years.
  • Must be at least 18 years old.
  • Must be a U.S. resident living in one of the states where the lender does business.
Available Term Lengths:3 to 5 years
Fees:
  • Origination fee: Up to 9%.
  • Late fee: $15.
  • Non-sufficient funds fee: $15.
Prosper
ProsperBest for Deck loans for co-borrowers
Est. APR
8.99-35.99%
Loan amount
$2K-$50K
Min. credit score
560
Best for Deck loans for co-borrowers
Check Rate
on NerdWallet
on NerdWallet
Key Facts:Prosper is a peer-to-peer online lending platform that accepts borrowers across the credit spectrum and offers competitive rates and fees.
Qualifications:
  • Minimum credit score: 560; borrower average is 705.
  • Minimum income: No minimum requirement; borrower average is $131,000.
  • Maximum debt-to-income ratio: 50% (excluding mortgage); borrower average is 41.6% (including mortgage).
  • Must be at least 18 years old.
  • Must provide Social Security number and a U.S. bank account.
Available Term Lengths:2 to 5 years
Fees:
  • Origination fee: 1% to 9.99%.
  • Late fee: The greater of $15 or 5% of the unpaid amount.
  • Insufficient funds fee: $15.
  • Mailed-in payment fee: $5.
BestEgg
Best EggBest for Secured deck loans
Est. APR
7.99-35.99%
Loan amount
$2K-$50K
Min. credit score
600
Best for Secured deck loans
Secured loans
Wide range of loan amounts
Key Facts:Best Egg offers personal loans for borrowers who want to consolidate debt and need cash fast.
Qualifications:
  • Minimum credit score: 600.
  • Maximum debt-to-income ratio: 70% including a mortgage.
  • Minimum credit history: 3 years and 1 account.
  • Acceptable income sources: Employment, household income, alimony, retirement, child support, Social Security payments and disability benefits.
  • Must be a U.S. citizen or permanent resident and at least 18 years of age.
Available Term Lengths:3 to 5 years
Fees:
  • Origination fee: 0.99% - 9.99%.
Discover
Discover® Personal LoansBest for Deck loans for excellent credit
Est. APR
7.99-24.99%
Loan amount
$2.5K-$40K
Min. credit score
660
Best for Deck loans for excellent credit
Fast funding
Key Facts:With competitive rates and no orgination fees, Discover personal loans are good options for borrowers with good and excellent credit.
Qualifications:
  • Minimum credit score: 660.
  • Minimum annual household income: $25,000. Income can come from employment, retirement, alimony, child support, Social Security payments and disability benefits.
  • Must provide a valid U.S. address and email address.
  • Must be 18 years old with a valid Social Security number.
Available Term Lengths:3 to 7 years
Fees:
  • Origination fee: None.
  • Late fee: $39.

Our pick for

Deck loans for good credit

SoFi
Visit Lender
on SoFi's website
on SoFi's website
Check Rate
on NerdWallet
on NerdWallet
View details
SoFi

SoFi Personal Loan

5.0
Est. APR

8.99-29.99%

Loan amount

$5,000-$100,000

Min. credit score

None

Our pick for

Deck loans with no fees

Lightstream

LightStream

Est. APR

6.99-25.29%

Loan amount

$5,000-$100,000

Min. credit score

660

Our pick for

Deck loans for fair credit

Upgrade

Upgrade

Est. APR

9.99-35.99%

Loan amount

$1,000-$50,000

Min. credit score

580

Our pick for

Deck loans for fast financing

RocketLoans

Rocket Loans

Est. APR

8.99-29.99%

Loan amount

$2,000-$45,000

Min. credit score

640

Our pick for

Deck loans for co-borrowers

Prosper

Prosper

Est. APR

8.99-35.99%

Loan amount

$2,000-$50,000

Min. credit score

560

Our pick for

Secured deck loans

BestEgg

Best Egg

Est. APR

7.99-35.99%

Loan amount

$2,000-$50,000

Min. credit score

600

Our pick for

Deck loans for excellent credit

Discover

Discover® Personal Loans

Est. APR

7.99-24.99%

Loan amount

$2,500-$40,000

Min. credit score

660