With experience in helping homeowners choose the right financing path, I take the time to understand your goals and budget. My role is to make the lending process simple, clear, and stress-free so you can focus on bringing your project to life. Whether you’re planning a single-room remodel or a major home addition, I’ll walk you through your financing options step-by-step.
A renovation loan is a type of financing that allows homeowners to borrow money specifically for improving, repairing, or updating their property. Unlike a traditional loan, renovation loans are designed to cover both the cost of the home (if you’re buying) and the cost of upgrades, or simply the remodeling expenses if you already own the home. This type of loan can be used for projects like: - Kitchen & Bathroom Remodels- Basement Finishing- Adding an ADU- Major Structural repairs The benefit of a renovation loan is that it spreads out the cost of improvements over time, making it easier and more affordable to invest in upgrades that increase your home’s comfort, functionality, and overall value.
A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity they’ve built up in their property. Because it is considered a second lien—subordinate to your primary mortgage—the lender uses your home as collateral, but you only borrow what you need, when you need it, up to your approved credit limit. A HELOC works much like a credit card, offering flexibility in both borrowing and repayment, which makes it an attractive option for funding projects such as: - Kitchen or whole-home remodels- Renovations and home improvements- Adding an ADU By leveraging your home’s equity, a HELOC provides a cost-effective way to invest back into your property while potentially increasing its long-term value.
darcie.cox@usmortgage.com
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