Information On Home Improvement Financing

By Author: TriState Creations
Total Articles: 19
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Many remodeling jobs in the house can run into quite a bit of money. Some people put off doing many of them because they are worried how much these jobs actually cost. This is not something to worry about though, because there are many home improvement financing options from which you can choose. Below is an explanation of these financing options so you can learn more about them.

Refinance Loans

You can refinance your house for rates as little as 2.9%. If you have enough equity in your house this provides you the money to do many different types of home remodeling jobs without having to use any of your present cash flow.

Unsecured Loans

Unsecured personal loan have rates right now down to as much as 7.99%. The banks would charge higher, but a great professional remodeler can offer you rates this low.

Equity Loans or Lines of Credit

Equity loans provide your equity all in one lump sum; while equity lines of credit let you use just what you need at the time. These are an ideal way of home improvement financing.

FHA Title 1 Loans

These loans do ...
... not require equity. These are meant to rehabilitate properties as well as some construction projects. It is typically a 20-year fixed-rate loan. There are various limits and requirements to get approval for this loan.

Private Equity Loans

These loans are for people with low equity or those with poor, little, or no credit. This could cover many people today that need to remodel or repair their houses.

Reverse Mortgages

If you are 62 or over, you can qualify for a reverse mortgage under certain circumstances. With these loans you do not have to pay the loan back as long as you live in the house.

Do Not Let Money Stand in the Way

You do not need to let the issue of money stand in the way of having your home remodeling jobs performed. With all the above home improvement financing available, surely there is one that suits your circumstances.

Improves the Value of Your House

Remodeling improves the value of your home most of the time. This means that with the help of home improvement financing you will be able to make more of a profit when you sell your home. This profit could very well be enough to provide you return on your home remodeling investment.

We love to keep our customers happy during the entire process, and throughout all four seasons. Tri-State Creations has over 50 years of Home Remodeling And Repairs for houses of any size, and we offer top-of-the-line products and services at reasonable prices. Tri-State has an A rating with the BBB, and will complete any project ON TIME and within YOUR budget.For Home Improvement and Renovations information or inquiries, contact Tri-State Creations at (888) 990-8886, or visit www.tristatecreations.com