If you own a house, you know it requires work to keep it up to community standards. At some point, you’re going to want to have some home improvement projects done but you’ll probably be worried about the cost. Homeowners, though, have several options when it comes to paying for home improvement projects.
Besides using cash, which is great if you’ve got plenty of it, you can also consider several other ways to pay for projects. How about refinancing your mortgage, taking out a home equity line of credit, or a home equity/construction loan? You could also borrow from your 401(k) or put the payment on a credit card.
Government loans that can help finance home repairs include the Federal Housing Administration 203k loan and the FHA Title 1 loan.
If you’re over the age of 62, you might consider a reverse mortgage.
Ivy Lea Construction offers several valuable coupons to help defray the cost of home improvement repairs and projects. There’s a “senior discount” coupon for those 55 or older.
If the project will cost more than $7500, there’s a coupon for 0% interest for 24 months, giving you two years to pay off the balance. A related coupon offers 0% interest for 12 months for a minimum purchase of $1000.
Finally, there are coupons to take several hundred dollars off projects ranging from $7500 to $15,000 or more. Ivy Lea Construction also offers a discount for veterans.
Call 716-875-8654 to discuss your home improvement needs, pricing, financing, discounts and more. Ivy Lea Construction is “the most trusted name in home improvement” and will do a great job for you.