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Best Landscaping Loans

Are you wanting to make your yard more attractive? Perhaps that involves planting trees, installing a pathway, building a deck, or adding a pond. The end result can be beautiful but all the costs are sure to add up quickly! If you’re wondering how to pay for landscaping without breaking the bank,...

Landscaping Loans
Jessica Walrack
Personal Finance Writer

Landscaping loans can be a good solution when you don’t have the full amount you need to pay for a project upfront or when you would just prefer to split up the costs over time. According to Home Advisor, the average national cost to install landscaping is $3,362, which can be a large amount to pay at once.

But where can you find the best loan for landscaping? We’ve done the hard work for you. Our team of financial experts reviewed and ranked more than 30 online lenders to help you find those that offer the best landscaping loans. Here’s what we found.

Our Top Picks for Best Landscaping Loans

lightstream._logo
  • Funding as soon as the same day
  • Allows joint applications
  • No origination fee
Min. Credit Score
Min. Credit Score Not Disclosed
Loan Amounts
Loan Amount $5K-$100K
Est. APR
Loan Repayment 24-240 months
oportun_logo
  • Fast funding with direct deposit
  • Accepts borrowers with newer credit profiles or lower credit scores
  • Flexible approved uses for the loan money
Min. Credit Score
Min. Credit Score 580+
Loan Amounts
Loan Amount $300-$10K
Est. APR
Loan Repayment 24 - 60 months
credible_logo
  • Uses a soft pull that doesn’t affect credit
  • No minimum credit score required
  • No application or disbursement fees
Min. Credit Score
Min. Credit Score 560+
Loan Amounts
Loan Amount $600-$100K
Est. APR
Loan Repayment Varies

How to Choose the Best Landscaping Loan

Before we get into our list of the six best landscaping loans, here are the factors we considered when analyzing each lender’s offering.

  • Loan features: The loan itself has to be a good fit for a landscaping project. That means you must be able to use the funds for landscaping, the loan amounts need to cover the average costs of landscaping projects, and the repayment terms should allow for affordable payments. 
  • Interest rates and fees: The best landscaping loans will also have competitive interest rates and fees that make them affordable. Ideally, they won’t have origination fees and will offer competitive APR ranges.
  • Application process: Lenders should make it as easy as possible for you to apply for a loan online and the process shouldn’t hurt your credit score.
  • Qualification process: Every lender has a different qualification process such as requiring a minimum amount of income or a certain credit score. We check those requirements to help you find the lenders that are best suited for your situation.
  • Customer support: Lenders also vary in the level and quality of customer service they provide. We look into the support channels available and how easy it is to get help when customers need it. 
  • Online user reviews: You can learn a lot about a lender’s products and services by reading customer reviews on reputable sites like Trustpilot. We check how lenders rank overall based on feedback from past customers.
  • Perks and bonuses: Lastly, we look into special features and perks that lenders offer, such as payment flexibility and advanced technology, which can set them apart from the competition.

After weighing these factors, we were able to identify which landscaping loans offered the most value and who they were best suited for.

Best Landscaping Loans of 2022

Without further adieu, after reviewing more than 30 landscaping loan lenders, here are the six that topped our list for 2022.

1. Lightstream - Best for large landscaping projects

Lightstream offers some of the largest personal loans on the market with the longest repayment terms. If you have good to great credit and a big landscaping project in the works, this is a lender worth checking out.
Pros
Long repayment terms: Terms up to 12 years are available for well-qualified customers.
Large loan amounts: Loan amounts up to $100,000 are available which can cover large landscaping projects.
Competitive pricing: Competitive APRs and no origination fees.
Cons
Requires good credit: You must have at least good credit to qualify, although no minimum credit score requirement is stated.
Requires hard credit check: To find out if you qualify for a loan, Lightstream performs a hard credit check instead of a soft credit pull.

lightstream
Lightstream offers landscaping loans ranging from $5,000 to $100,000 with APRs ranging from 4.29% to 20.49%. Further, you can repay the loans over terms from two to 12 years. While the lender doesn’t have a minimum credit score requirement, it does say that borrowers must have good to excellent credit. If you get approved, you can get funding as soon as the same day.

The Bottom Line

If you have good credit, Lightstream offers quick, convenient loans with a wide range of terms and amounts. However, be sure to check the eligibility requirements beforehand because the application involves a hard credit check which will hurt your credit score.

2. Oportun- Best for small landscaping projects

Looking to do a small landscaping project such as removing a tree stump? Opportun offers loans starting as low as $300 which can be a good fit when you don’t need thousands for a project. You can get a small loan and repay it with terms as short as one year.
Pros
Small loans: Loans start as low as $300 which can be great for small projects.
Lenient approval: Opportun is an alternative lender that approves borrowers with less-than-perfect credit.
Competitive APRs: APRs are still competitive even though the lender caters to borrowers with poor to fair credit.
Cons
Loan rates and terms vary: Loan amounts, terms, and APRs can vary greatly from state to state.
Limited loan terms: Repayment terms are limited to 48 months, whereas most lenders offer at least 60 months.
No large loan amounts: While loan amounts start small, which can be helpful in some situations, the maximum loan amount is on the low side at $10,000.

oportun
Oportun offers personal loans as low as $300 and as high as $10,000. You can borrow the funds from 12 to 48 months and will be charged an APR that’s no higher than 35.99%. This lender is very lenient when it comes to its qualification requirements, so it can be a good option if you have less-than-perfect credit. It also gives borrowers the option to use a car title to secure a personal loan and get a larger loan amount.

The Bottom Line

Opportun is great for small front or backyard landscaping loans! When you need to borrow hundreds of dollars, rather than thousands, this could be a good lender for you. It can also be helpful when you have less-than-perfect credit and are having trouble getting approved elsewhere.

3. Credible - Best for low interest rates

Credible is an online loan marketplace that helps you compare lenders and rates in one easy place. Instead of applying with several individual lenders, you can apply one time and compare prequalified offers side-by-side. This can be a quick way to find your lowest possible interest rate without hurting your credit score.
Pros
Apply once for many quotes: You can apply one time through Credible to see what you qualify for with many top lenders.
Soft credit pulls: Filling out the form to get your rates will not hurt your credit score.
Low APRs: Credible pulls rates from lenders that offer APRs as low as 3.99%.
Cons
Requires fair credit: Most of the lenders featured on Credible require borrowers to have good credit. You may not get loan offers if your credit is fair or poor.
Origination fees: Some of the lenders on Credible charge origination fees.

credbile
Credible connects borrowers with personal loans that range from $600 up to $100,000. Further APRs range from as low as 3.99% up to 35.99%. Instead of offering loans, Credible is a marketplace where you can fill out one form to see what multiple lenders will offer you including loan amounts, APRs, and terms.

The Bottom Line

When you’re looking for a landscaping loan with the lowest interest rate, Credible makes comparison shopping easy, as long as you have decent credit. If you have bad credit, you’ll probably want to go directly to an alternative lender.

4. Marcus - Best for no origination fee

Marcus offers low-cost personal loans that can work great for landscaping projects. Without origination fees, you can enjoy low APRs that max out at 19.99%. Further, you don’t need perfect credit to get approved as credit scores as low as 660 are accepted.
Pros
No origination fee: Marcus doesn’t charge any origination fees which keeps its APRs very low.
Longer repayment periods: Repayment terms up to 72 months are available, whereas most lenders offer up to 60 months.
Good range of loan amounts: The loan amounts can cover a wide range of landscaping projects from small to large.
Cons
Minimum credit score: You will need to have a credit score of at least 660 to get approved.
No cosigners: You’ll have to qualify on your own as Marcus doesn’t allow for cosigners or joint applicants on its personal loans.

marcus by goldman sachs
Marcus loans range from $3,500 up to $40,000 and the lender offers competitive APRs from 6.99% up to 19.99%. The repayment periods are on the longer side, too, ranging from 36 to 72 months. To qualify, you will need a credit score of at least 660. Upon approval, you can enjoy no origination fees. Further, Marcus rewards 12 on-time payments with the opportunity to defer a payment to the end of your loan without paying additional interest.

The Bottom Line

Marcus offers an overall great personal loan offering that is convenient and affordable. If you meet the minimum credit requirements, be sure to get a quote.

5. Upstart - Best for bad credit

Struggling to get approved for a personal loan? Head over to Upstart. Upstart partners with banks and credit unions to extend personal loans, but looks beyond your credit score. If you are employed and/or have completed higher education, this lender will take that into consideration, too. You can get approved with a credit score as low as 300!
Pros
Lenient eligibility requirements: Upstart accepts credit scores as low as 300 and considers non-traditional variables in its underwriting process.
Range of loan amounts: Borrow anywhere from $1,000 up to $50,000, depending on your credit, to cover a wide range of landscaping projects.
Competitive rates: APRs start as low as 5.35% for the most well-qualified borrowers.
Cons
Origination fee: You may have to pay an origination fee of up to 8% of the loan amount.
Limited terms: Only two repayment terms are available — 36 and 60 months.

upstart
Upstart offers loans from $1,000 up to $50,000 with APRs from 5.35% to 35.99% that include origination fees equal to up to 8% of the loan amount. Further, repayment terms are either 36 or 60 months in length. The majority of funds are sent within one business day of the borrower signing the loan documents.

The Bottom Line

Upstart is aiming to break the mold of traditional lending, using its AI lending platform. If you aren’t having luck getting approved by other lenders, it's a good one to apply with. Plus, checking your rate won’t hurt your credit score.

6. Upgrade - Best for fair credit

If you have a credit score of at least 620, Upgrade offers personal loans that can be a great way to finance landscaping projects. You can get a quote online in minutes and can have the funds in your account in as little as a day. While the rates aren’t unusually low, they are competitive.
Pros
Soft credit check: Checking your rates is fast, easy, and won’t hurt your credit score.
Lenient credit requirements: You can get approved with a credit score as low as 620.
Range of loan amounts: The loan amounts available can cover a wide range of landscaping projects.
Long terms: Terms up to 84 months are available which is longer than many lenders that only offer 60 months.
Cons
Origination fee: Upgrade does charge an origination fee that can be as much as 8% of the loan amount.
Must have fair credit: These loans won’t be an option if your credit score is lower than 620.

upgrade
Upgrade connects borrowers with loans from banks and credit unions. Loan amounts range from $1,000 up to $50,000 while APRs range from 5.94% up to 35.79% and include origination fees from 2.9% to 8% of the loan amount. When it comes to the terms, options range from 24 to 84 months. You can check your rate without hurting your credit score and can have your funds within one day of getting verified.

The Bottom Line

Upgrade’s personal loan offering is well-suited for a wide variety of landscaping projects. The lender offers a range of loan amounts, competitive APRs, and long repayment periods. If you have at least a 620 credit score, be sure to check your rates – you have nothing to lose!

Best Landscaping Loans - Feature Comparison

Company Name

Est. APR

Min. credit score

Loan Amount

Loan term

Lightstream

4.99% to 20.49%

None

$5,000 to $100,000

24 months to 12 years

Opportun

Up to 35.99%

None

$300 to $10,000

12 to 48 months

Credible

3.99% to 35.99%

None

$600 to $100,000

12 to 84 months

Marcus

6.99% to 19.99%

660

$3,500 to $40,000

36 to 72 months

Upstart

5.35% to 35.99%

300

$1,000 to $50,000

36 or 60 months

Upgrade

5.94% to 35.79%

620

$1,000 to $40,000

24 to 84 months

What is a Landscaping Loan?

A landscaping loan is a loan that you take out to fund a landscaping project such as adding a lawn, pathways, water features, statues, or other plants to your yard. The loan can take many forms but often you’ll receive a lump sum upfront and repay it over a set term through monthly payments.

Typically, you’ll be assigned an annual percentage rate which is used to calculate the interest and fees you pay on top of the loan amount. Personal loans work well for landscaping projects because they are usually unsecured, freeing you to use the funds for whatever purchases you’d like to make.

How Much Do Landscaping Projects Cost?

There are a wide variety of landscaping projects so the costs can vary greatly. However, the national average cost to install landscaping is $3,363, with projects ranging from $250 on the low end to $12,000 on the high end. Your cost will depend on the size of the area you want to landscape, the features you want to add, the materials, you want to use, and if you hire help. You’ll need to plan your landscaping project and then itemize each step to figure out your total cost.

How to Get a Landscaping Loan

Here are the steps you should follow to get a landscaping loan:

  • Check your credit: First things first, check your credit reports to see where your scores stand. You’ll want to check with Experian, Transunion, and Equifax.
  • Estimate your project cost: Figure out how much you need to borrow by breaking down the components of your project and the price for each.
  • Research lenders: Research lenders that provide large enough landscaping loans to borrowers with your credit score.
  • Get quotes: Get quotes from three to five lenders that look like they’d be the best fit for your needs.
  • Compare quotes: Compare the quotes you receive to figure out which one provides the best overall value. Be sure to consider loan amounts, APRs, fees, terms, and customer service.
  • Finalize the loan: Once you’ve found the best loan, accept the offer, complete any final steps, and have the money wired to your bank account.

That’s it. Once you receive the landscape financing, you can use it to pay for your project. From there, you’ll need to make your payments according to your loan contract. If you want to save time on researching lenders, you can start with the top lenders we’ve selected above.

Landscaping Loan Alternatives

Not sure if a personal loan is the best type of loan for you? There are a few scenarios where another loan type could be a better fit. Here are the alternatives to consider:

  • Home equity loan: A home equity loan, also known as a second mortgage, is a loan that is based on the amount of equity you have in your home. If you have sufficient equity, a lender will let you borrow against it and the loan will put a second lien against your house. This is a way you can liquidate your equity and invest it into landscaping. The advantages of home equity loans are that you can often borrow large amounts at low interest rates. They are also easier to get than personal loans because they are secured. The main drawback is that if you default on the loan, you can lose your house.
  • Home equity line of credit (HELOC): A HELOC is similar to a home equity loan in that it is secured by the equity in your home. However, instead of receiving a lump sum loan, you receive access to a line of credit. You can use it as you need it and are only charged interest on funds you’ve withdrawn. This can be a good fit if you aren’t sure how much you will need or if you’ll need the funds in stages. You’re often given a certain period to use the credit line, such as 10 years, after which the outstanding balance is either due or converted into a term loan.
  • Credit cards: Credit cards are another option for financing landscaping projects. However, you’ll need decent credit to get large credit lines and good APRs. While credit cards offer more flexibility when it comes to repayments, only requiring a minimum monthly payment, extending the repayment period will result in much higher interest costs. However, if you can get a credit card with a 0% APR introductory period, and can pay off the balance before the period ends, you could save on the interest you would pay using other loan types.
  • Landscaping companies that offer financing: If you plan to hire a landscaping company, you may find that they offer financing to help you split the costs up over time. However, be sure to ask about the rates and terms to uncover any hidden costs. Things can get complicated when your landscaping and financing are coming from one source. It’s also a good idea to compare the financing offer to two or three personal loan quotes to see how it stacks up.

Personal loans are often a fast, easy, and affordable way to fund landscaping projects, but they won’t be available in all cases. If you have trouble getting approved but have home equity, you may want to consider home equity loans or lines of credit. Further, if you have great credit, you might want to look into credit cards with long interest-free introductory periods.

Conclusion

Investing in a landscaping project can bring you enjoyment for years to come, and it can help to boost your home’s market value. However, the costs can add up very quickly. By shopping around to find the best possible deal on a landscaping loan, you can cover the costs upfront and get a repayment plan that you can comfortably afford. The key is to do a little homework and comparison shop. Never take the first loan you’re offered. By applying with a few reputable lenders like the ones listed above, you’ll find a good deal in no time.

Frequently Asked Questions(FAQ)

What is a good interest rate for a landscaping loan?

The best-qualified borrowers can get interest rates as low as 5% to 10% from personal loan lenders with competitive rates. However, an annual percentage rate under 20% is on the lower end of the spectrum so would be good. With most lenders, APRs go up to 35.99% and can even go up to 155% from those that cater to borrowers with poor credit.

How many years is a typical landscaping loan?

Most personal loans, which can be used for landscaping, have terms that range from two to five years. Many lenders will let you choose from various terms so you can find the one that best suits your budget. While shorter terms come with higher monthly payment amounts, they will cost you less overall.

What type of loan do you use for a pool?

You can use a personal loan to finance a pool but you will need decent credit to get approved for a large enough loan amount. Pool installation costs often range from $16,500 to $44,000, making them one of the most expensive landscaping projects you can take on. Another option, if you have equity in your home, is a home equity loan or line of credit. These are often easier to get approved for as the money you borrow is secured by your home.

What credit score is needed for a landscaping loan?

Each personal loan lender sets its own eligibility requirements and some require a minimum credit score while others don’t. Of the lenders that do require a minimum credit score, most look for a score that’s at least in the mid-600s. However, the better your score, the more you’ll be able to borrow and the better your rates will be.

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