Home Improvement Loans

home improvement loans
Home improvement loan or home equity loan?

We want to make some small improvements to our home (refinish hardwoods, new carpet). We owe 135k on a home worth 180k. Which loan would be best?

A home equity line usually gives you more flexibility. Though, new carpet and refinishing floors doesn’t cost all that much money. Consider saving up and paying cash for it instead.

Loan Information : About Federal Home Improvement Loan Programs

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