Start With the Plan, Not the Loan
Just because you CAN borrow against your home doesn't mean you SHOULD.
Your home equity can be an extremely useful financial resource.
But before using it for renovations or improvements, ask yourself what you're actually trying to accomplish.
Don't let the amount you can borrow determine the amount you should spend.
Sometimes a smaller project accomplishes exactly what you need. Other times, a larger renovation may make sense based on your goals for the property.
Once you've decided the improvement makes sense, then we can compare the financing options.
A HELOC?
A fixed home equity loan?
Another home-equity solution?
Different programs can have very different rates, fees, minimum line amounts, draw requirements and repayment structures.
Have a plan before you tap your home equity.
Then let's find the financing that fits the planβnot the other way around.
For more information Click Here
Robert Clark
Home Loan Consultant
Firestone Financial Group
209-227-7745
559-476-9279
rbrtclark53@gmail.com
robertclarkloans.com
NMLS #357788 | Firestone Financial Group NMLS #301522
CA DRE #01148307 | Equal Housing Lender
Advertising Disclosure: This information is provided for educational purposes only and is not a commitment to lend. Home-equity programs, rates, fees, draw requirements, repayment terms and eligibility requirements are subject to change. All financing is subject to borrower qualification, available equity, credit and property approval, and applicable program guidelines.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.