With the entire country continuing to stay home due to COVID-19, people are finding projects and repairs around their homes that need doing. While some projects, like cleaning out the basement or scrubbing the toilets, can be done with a little elbow grease and effort, others require some money. That’s where a mortgage pre-approval can be the start of a big project.
Getting a Cash-Out Refinance right now is the best way to fund a large renovation or repair project in your home. You save money compared to taking out a bank loan, and especially against putting it on a credit card.
A Cash-Out Refinance is a low-interest way to get that money in your pocket.
You’re borrowing against the equity that you have already built in your home, by making your payments and the value appreciation of the property. When you combine those with the incredibly low interest rates that are available right now, it’s a great time to put money back in your pocket.
This can fund larger projects.
If you have a crack in the basement foundation, now is the time to get it repaired. If you have always wanted to put in a desk, now is the time. For anyone that has dreamed of a new fence, a swimming pool, a hot tub, a cabana, a patio, or anything else that you can attach t your home, now is the time.
Getting a mortgage pre-approval is the first step, and you can do it entirely from the safety of your home, without ever having to leave. Our 5-Minute Loan Approval process is 100% digital.
Finding a project is easy – just look around and imagine what you could do with your home. Funding it should be just as easy. Start today with the 5-Minute Loan Approval and be ready to complete your big project this summer, or as soon as the lockdowns lift.
Call The Home Loan Expert Team at 800-991-6494. You can always apply online at hero.loan for your VA Loan, and www.thehomeloanexpert.com for your other mortgage needs, and we’re also open on Saturdays and will come to you to help close your loan. We work hard to make it easy on you. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?
The Home Loan Expert
