A range of financing options to meet your home improvement needs.
Making improvements to your home can improve its look and feel and can also be a great way to increase your property value. Before you start tearing down walls though, you’ll need to estimate the cost of your renovation and think about your financing options.
The type of renovations you want to perform, the amount of money you need, and how long you plan to pay off these costs will help you decide which financial products are best suited to you.
For remodeling expenses between $10,000 and $20,000, you may be able to get a personal line of credit which gives you access to extra cash and you only pay interest on the amount you use.
For major remodeling projects that cost over $20,000, such as installing a deck, finishing your basement, remodeling your kitchen or adding a bathroom, refinancing using your home equity is the perfect place to turn to for funding. Depending on the equity you’ve built up over time, you may be able to borrow up to 80% of that value to help finance your renovations.
Whatever your home improvement dream, I can help you find alternative loan options with lower Interest rate and tax benefits and find the most cost-effective way to get the financing you need.
Call or email today to find out more about renovation loans!