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Can I Take Out a Loan to Remodel My Home?

Assurance Financial

Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Learn more about loan options for remodeling your home to see which one will work for you. Refinance Loan.

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Does Refinancing Affect Your Taxes?

Assurance Financial

Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. If you have equity in your home, you may be able to leverage it through a refinance. Make a Capital Home Improvement.

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What Is a USDA Loan and How Do I Apply?

Assurance Financial

The USDA’s Single-Family Housing program includes several types of loans that are made directly to borrowers, in addition to grants and loans made to organizations that help lower-income individuals purchase or improve their homes. These mortgages are designed to suit low- to very-low-income applicants. Direct Loans.

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How to Find the Right Mortgage Loan for You

Assurance Financial

When shopping for a home, it’s just as important to make a list of things you’d like from your mortgage — including the length of the loan, the interest rate and the repayment terms. Some home loans are designed for people who meet specific criteria, and others for people who might not qualify for another type of loan.

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Second Mortgage vs. Refinancing Your Home

Assurance Financial

Make home improvements: If you want to invest in a new roof or an addition, refinancing can free up cash that you can use for renovations. Downloadable Guides. Click here to download the file. Click here to download the file. This means if you fail to make your payments, it may lead to foreclosure on your home.