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One
of the best things about home improvement financing is the fact
that you are using a loan secured by your home to actually increase
the value of your home…sort of a positive vicious circle. Of any
reason to leverage your home equity, home improvement is one of
the best.
There are a surprising number of ways that we can establish the
financing for your home improvement project. A simple home equity
loan may make the most sense. Depending on the terms of your existing
1st mortgage, we may save more money by actually refinancing
your 1st mortgage and taking cash-out to be used for
your home improvement project. Still another option is to establish
a Home Equity Line of Credit (HELOC) that can be used for your current
home improvement project and re-used later for future home improvement
projects.
You, your home improvement project, and your current financial situation
are all unique. In order to determine which course of action makes
the most financial sense for your unique situation, simply
schedule a free consultation with William DeHart, your
Mortgage Advisor for Life!
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