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Michigan
Home Loans -
Home Improvement Loans
We have many
options when it comes to Michigan Home Loans-Home Improvement
Loans. You may use all or part of your loan for home improvements.
Whether you need minor repairs or extensive remodeling, or a new
patio you can give your family a safer more comfortable home with
a Home Improvement Loan.
There are no major restrictions on the type of improvements to be
made within the boundaries of major building codes. Depending on
the extend of the project, and the specific loan program, you typically
have a choice of doing the work yourself, or using a licensed contractor.
There is no
equity is required. A loan program is available whether your home
has equity, or not. The maximum loan amount can go as high as 125%
of the value of your home. A home improvement loan is a fully amortized,
fixed rate 2nd mortgage. Placed in 2nd position on the property
title, there is no affect on the terms of the existing 1st mortgage.
You may choose a term from 5 to 25 years. The minimum loan amount
is $15,000 unless stated otherwise on the application.
- Purchase
your home and finance the improvements in one loan.
- Programs
with up to 125% of the appraised value.
- Conventional
rates available
Contact us today,
so we can help you get the finance process started. If you are going
to finance home repairs, keep in mind that you must arrange your
financing before you start the home improvement construction.
If you have
any questions about a Home Improvement Loan or any other loan, please
feel free to contact us at (734) 968-4712 today
to speak with a Michigan loan consultant or fill out our "Michigan
Home Loan Quick Quote" form. We have cut the middle man
and large corporate overhead to bring you the best possible Michigan
home loan rates and lowest fee.
Thank you, for
your interest in Michigan Home Loans
- Home Improvement Loans.
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