What are my options for borrowing some money for home renovations?
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on Sunday, April 19th, 2009 at 11:18 pm and is filed under Home Improvement.
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You can either do an equity line of credit or refinance with using equity of your home. The only reason I do not like home equity lines is because they are normally at par rate which is high and a customer of mine recentlly paid 10,000 to his home equity and only had actually paid off $500……if you want a free quote call me @ 1-800-220-7900 ext260 and my name is Tiffany
You can try person to person lending sites like Prosper.com which allows you to borrow money from investors who bid for your loan. At this site you will receive lower interest rates than you would with a bank or credit card and your interest is based on your credit score. It’s safe, legit and saves money
April 22nd, 2009 at 9:12 am
I think it is bit tough whereas approach any bank
April 23rd, 2009 at 8:51 pm
You can either do an equity line of credit or refinance with using equity of your home. The only reason I do not like home equity lines is because they are normally at par rate which is high and a customer of mine recentlly paid 10,000 to his home equity and only had actually paid off $500……if you want a free quote call me @ 1-800-220-7900 ext260 and my name is Tiffany
April 26th, 2009 at 10:29 pm
You can try person to person lending sites like Prosper.com which allows you to borrow money from investors who bid for your loan. At this site you will receive lower interest rates than you would with a bank or credit card and your interest is based on your credit score. It’s safe, legit and saves money
April 29th, 2009 at 12:54 am
You can either get a home equity loan or line of credit. You can get them from banks or online - its best to compare rates at a site like
and then pick the best value. Banks will generally offer the best rates; but other companies are more accepting of imperfect credit.