With so much talk around home buying and refinance rates driving the housing market this summer and fall, many want to capitalize on the low rates. Homeowners are choosing to make improvements to their existing houses to accommodate remote working and schooling, or other comforts to gain more living space.
There are great options for homeowners with projects of any size, from a small kitchen facelift to finishing basements or attics to make them livable areas. Other homeowners who have equity in their homes but don’t need to renovate may choose to consolidate debt or make a large purchase.
Are you looking to renovate your home? Happy with your home but interested in a boat, RV or debt consolidation?
Here are some financing options to consider.
Home Equity Loan
Looking for predictable, fixed payments and the flexibility to use your home’s equity in a variety of ways? If you answered