Posted on November 29, 2018
We know there are a lot of homeowners in Northern Virginia who would love to remodel their home, but don't think they can afford it. They aren't completely wrong - home remodeling projects can come with quite the sticker shock. However, home improvement projects can greatly add value to your home, or even help you save money in the long run. Therefore, it makes financial sense to invest in remodeling your home - even if you don't have the cash to do so upfront.
Through financing, you can break up your remodeling bill into smaller payments that can be much more manageable and can allow you to achieve the home of your dreams. You have a few different financing options available.
We would love to help you with your home remodeling needs, and are willing to work with you to make your project as affordable as possible. We are flexible in the way you pay for your project, accepting payments from major credit cards, as well as in cash and through PayPal. We offer some of the most affordable financing opportunities currently available on the market.
Our financing plan includes monthly payments for as low as $63/month and a deferred interest program that can allow you to have 0% interest for up to 60 months. Additionally, we can offer homeowners a promotional period during which your monthly payments and interest accrual will be placed on hold. Our current financing options are some of the best we have ever offered, and should be taken advantage of, if possible.
Should you decided that you do not want to finance your home remodeling project through us, there are a few other options available to you through local lending institutions. These are typically banks or credit unions. Mortgage investors are also another great location to look into regarding financing. If you go with this option, there will be a few different loan options you could go with, depending on your financial history, credit score, state of your home, and scope of your remodeling project.
You could choose to refinance your mortgage, which could be beneficial if you have built up substantial equity in your home and the interest rates have dropped since you initially got your mortgage. If this is the case, you could be looking at a significant chunk of money coming your way.
You could also take out a line of credit on your home. This is the most popular choice amongst homeowners who are looking to do a home remodeling project, as the line of credit is based off the equity you have already built up in your home. Because of this guarantee, the interest rates on this type of financing are typically quite low, and the interest you pay off of it is tax deductible.
No matter what way you decide to finance your home remodeling project, knowing that you can should put your mind at ease. The cost of your project may be overwhelming at first, but don't get discouraged! There are many ways you can make your dream remodel into a reality. Whether you finance through us or an outside institution, we would be happy to meet with you for your free project consultation.
Please do not hesitate to reach out to us by either filling out our easy online form or by calling us at (703) 828-7414 to get started today!