Step 5: Financing Your Project
about remodeling step 5
Step 5 is arranging financing once you select the contractor and finalize the contract for your project. Using the equity value in your home is one of the best financing option for home improvement.
What Type of Financing
There are two financing options available:
1) get a home equity line of credit to fund your project as expenses occur; or
2) refinance your home with a cash-out position to pay for your home remodeling project. View both options and see how best to qualify:
How About the Bank Equity Program
Allow us to introduce the Bank Equity program, where your home becomes the bank for financing home improvement and other related life events.
Make the Lending Decision
When you are ready to make your lending decision, use these helpful tools: