Home Remodeling Financing Options | DESIGNfirst Builders

Financing Options

HOME REMODELING COSTS

Now that you have made the decision to invest in your home and remodel, you are thinking about the scope of the project and what you can afford. Most often people are unsure of the options that are available to them should they not have the cash upfront to pay for the project. We want to ensure you have everything in place to create the space of your dreams, so not only do we offer that in the design/build aspect but in assisting on the financial end as well. We offer top financial solutions to help make all your dreams come true!

We’ve streamlined the financing process for our clients as part of our process for many years. Our goal is to make the entire remodeling process as easy as possible for you! 

FINANCING OPTIONS

There are a several options to look at when it comes to financing your home remodeling project. Our Loan Consultant will discuss your specific situation with you and develop plans that best fit your needs. Below are some of the financing options that may be available to you. Each client and project is different and there are several factors that will determine what is the best option for you. Our Consultant will cover everything with you.

Renovation/Construction Loans – This loan allows you to borrow up to 95% of your home’s anticipated, project-completed value.

Rapid Renovation Loans – Fixed rate loans up to $100,000. You choose your payback term and monthly payment date. Most clients receive approval within 24 hours and fund within 72 hours. No appraisal, no closing costs, no annual fees!

Traditional Mortgage Refinancing – Available in terms ranging from 8 to 30 years on a fixed rate or adjustable rate basis.

Home Equity Lines of Credit – This option is if you wish to preserve the rate and terms you already have on your primary mortgage financing, while also obtaining the additional funds for their project.

If you have not contacted us yet for your free in-home consultation call us today at 630-250-777 and we will schedule that for you. Our Architectural Designer will meet with you, review your project and offer design expertise that will turn into a 3D rendering to show you what your new space will look like. They will give you a range of costs for the project and discuss next steps. You can contact our Loan Consultant at this point to discuss options and you can also call prior to determine what you may be able to afford based on your individual situation. Either way we are here to help you every step of the way!

We have multiple financial partners who are local to wherever you are! They have expertise in construction financing and have developed and closed thousands of loans. Our clients have all formed great relationships with them and were able to secure financing to build the space of their dreams. Call Tom today to get started.