Home improvement loans with no equity?
Your property is eligible for a home
improvement loan, even if the balance on your first mortgage is the same
as the value of your home. We have home improvement loans that will go up
to 125% of your property value, minus the balance of the first mortgage.
What are the tax benefits?
The interest portion of your home improvement
loan can be tax deductible, similar to the deduction for your first
What are the loan terms?
Your home improvement loan will be a fully
amortized, fixed rate second mortgage, with no balloon payment. You may
choose a loan amount from $15,000 to $150,000, and a term of 5 to 30
years. You also have the option of making principal reduction payments at
How do you find out?
There is no cost or obligation to apply. Click
Here for the easy on-line application, and receive your complete loan details.
A home-improvement contract defines the work performed, how and when
compensation will be provided. A well written contract will provide both parties
with a clear understanding of the expectations each brings to the agreement, and
the standards by which the work is completed. You are not required to use
the contractor's preprinted form. A contract is a negotiable agreement and
a consumer should not sign anything they are not comfortable with. read
Finding a Contractor
Whether you’re planning an addition
for a growing family or simply getting new storm windows, finding a
competent and reliable contractor is the first step to a successful
and satisfying home improvement project. read
note: loans are available only for properties in the