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Refinance and Renovate

Refinance and Renovate

You bought your beautiful home years ago, but now it needs a little attention.  If you are ready to complete some renovations or possibly it’s that in-ground pool that the kids have always wanted, then it might be the right time to take advantage of the historically low interest rates and refinance your current mortgage. This option allows you to spread the payments over a longer period of time and at rates much lower than a personal loan or credit card. The lenders will generally allow you to refinance up to 80% of the market value of your home.

I would also suggest that you complete some research on the various government grants and incentives for energy efficient upgrades to your home designed to help you offset the cost of your improvements.

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