Home Improvement Loans

Contact us for information on how to get Louisville KY home improvement loans 502-405-8834

 

Louisville KY Home Improvement Loans

There are a multitude of Louisville mortgage lenders that you can work with to secure home improvement loans in Kentucky and Indiana.

That’s what makes it so important to do some research when making such a critical decision.

The main benefit to using our mortgage service is that we’re local. We’re not a large clearing house brokerage with thousands of clients on the books and in the pipe. In effect we provide a much more targeted service for our clients. Anybody that’s ever been through the process will tell you that it’s a great benefit to be able to stop by and see, or pick up the phone and talk to your local mortgage broker. There are times when you may have questions that need immediate answers. After all, taking out a home improvement loan is no small thing.

How much can I borrow?

Typically home owners are able to borrow up to 75% to 80% of the total value of their home. The total value of your home is calculated by factoring in your current mortgage if you’re still making payments on the home to determine the amount of equity that’s present. The market plays a factor also. If you bought your home 20 years ago for say $100,000 dollars and the value has increased to $200,000 that will result in a considerable amount of equity. If you need to be sure of where you’re at equity wise, then we encourage you to give us a call. We can give you solid answers concerning how much you can borrow for your home improvement loan, and weather you would be better taking out a HELOC (home equity line of credit) or a standard HOME EQUITY LOAN.

At the same time we can answer all of your questions about how the process works and even give you a time line on when you can start planning your home remodeling project.

 

Contact us for information on how to get Louisville KY home improvement loans 502-405-8834