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California First Time Homebuyer Assistance First Time Buyer Loans and Information |
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Buy a Home with Little or No Money Down... even if your credit is not perfect! |
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Home Purchases l First Time Home Buyers l Previous Homeowner l Refinance l Pre-Qualify Now! |
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Home Improvement Loans and Second Mortgages
Second Mortgage Home Improvement Loan Combo- Debt Consolidation (or Cash Out) and Home Improvement Just when you thought you liked the way the your home looks, you want to make a change. It's human nature! How about changing your tired-looking kitchen into a chef's dream? Did you know that other than the bedroom, folks spend the most time in the kitchen area? Did you know that remodeling a kitchen could increase the value of your home by more than what you spent? It's true. Dollar for dollar, kitchen and bathroom remodeling have the highest return on investment. The lowest, you ask? Pools and landscaping are at the bottom. Home improvement could also include sprucing up the exterior and interior paint. Repairing the roof, putting in a new wooden floor, carpeting, or tile. Benefits:
If you need to borrow money, home equity lines may be one useful source of credit. Initially at least, they may provide you with large amounts of cash at relatively low interest rates and they may provide you with certain tax advantages unavailable with other kinds of loans. (Check with your tax advisor for details.) At the same time, home equity lines of credit require you to use your home as collateral for the loan. This may put your home at risk if you are late or cannot make your monthly payments. Those loans with a large final (balloon) payment may lead you to borrow more money to pay off this debt, or they may put your home in jeopardy if you cannot qualify for refinancing. If you sell your home, most plans require you to pay off your credit line at that time. In addition, because home equity loans give you relatively easy access to cash, you might find you borrow money more freely.
You can borrow up to125% of the value of your home. Get those much needed improvements done to your home with one low payment. Anything from room additions to landscaping, or even build the pool you always wanted. A home improvement loan can turn your dreams a fast reality. with our special Home Improvement loan program you can accomplish this without any equity.
Combo Loans Consolidate Debt & Home Improvements
A combo loan is available for those wanting to consolidate their debt and do some home improvements and perhaps some cash in your pocket. The Idea of this new second mortgage makes this the ideal loan for a homeowner who wants to save money while improving Their home and it's value This loan is available with or without equity.
Home Purchases l First Time Home Buyers l Previous Homeowner l Refinance l Pre-Qualify Now! |