Financing
Big repairs don’t need to be big stress. Let us help you take the load off with financing.
GreenSky is a financial technology company that partners with banks and merchants to provide consumer financing — especially for home improvements and other projects. It’s not a bank or direct lender; instead it administers loan programs on behalf of partner banks.
No — when you apply, you’re submitting a loan application to a partner bank via GreenSky’s system. GreenSky handles the tech, servicing, and customer interface, while the bank provides the funds.
You can apply online, via the GreenSky mobile app, or by phone. In many cases your contractor or merchant will help you start the application.
Typical requirements include personal details (name, address), Social Security number, monthly income, and a government-issued photo ID for identity verification.
Credit decisions can be delivered in seconds in straightforward cases — though more complex applications may take longer.
GreenSky offers a variety of plans including:
- Zero interest plans — 0% APR for the promo or entire term (availability varies).
- Deferred interest plans — interest is charged during a promo period but waived if paid off in full before the period ends.
- Reduced/Fixed rate plans — a set interest rate and fixed payments.
It depends on the plan:
- With deferred-interest offers, interest is waived if the loan is paid off within the promotional period — but interest accrues during that time and becomes due if you don’t pay it off.
- Other plans may have fixed or reduced rates that accrue normally. resources.greensky.com
Yes — and paying it off within a promotional period can help you avoid interest on deferred-interest plans. Always check your loan agreement for prepayment terms. NerdWallet
You can usually make payments online, by mail, or by phone through GreenSky’s servicing portal — your loan documents will explain the options. NerdWallet
In most cases no, unless an IRS rule specifically allows it (e.g., certain home equity improvements). Always consult a tax professional. online.greensky.com
With deferred interest plans, interest is only waived if the full loan balance is paid by the end of the promo period — otherwise you’ll owe all the interest that accrued during that time. resources.greensky.com
GreenSky partners with banks, but GreenSky Servicing, LLC administers the loans on the banks’ behalf. GreenSky
Consumer support is available by phone or email — for example 866-936-0602 or service@greensky.com
