Financing your remodeling project
If you’re worried about financing your home remodeling project, you’ll be relieved to hear there are lots of loan options to assist you in your investment. When you’re looking around for financing options, we’ll be with you every step of the way to help you find the right loan for you.
We can assist you in getting approved for a secure or unsecured loan. Wondering which loan type is best for you? We’ll help you figure that out based on your home’s equity, your credit history, and a number of other factors that determine the best option for your needs.
What’s more, we have a few money-saving tricks for energy efficient renovation kick-backs from local programs if you’re including some eco-friendly installations in your project such as solar panels.
For more information on what financing option is right for you, check out our blog about financing, and contact our finance experts today. Remember– it isn’t a just loan for home remodeling, it’s a loan for an investment into your home!
How do I apply for home remodeling loans?
Once you’ve decided what kind of loan is best for you, you’ll need to select a lender or institution that offers those types of loans. From there, once you apply with different information about your home’s equity, your credit score, etc, you’ll need to wait for approval before seeing the funds. Our team can assist you with the ins and outs of applying for these loans, and what you’ll need in order to secure them.
What are the main differences between secure and unsecure loans?
The biggest differences in these loans are what you’ll need to have to get approved, loan amounts and payoff term lengths. Typically, you can get more money but have longer terms for secure loans, but you’ll get money faster with unsecured loans. Check out our blog for more information about secure vs insecure construction loans for remodeling!
What if my credit is less-than-perfect?
Even if your credit score is lower than you’d hope, secure loans, often referred to as home equity loans, are based on the value of your home as leverage to get you approved for a renovation home equity loan.
What are typical loan amounts for Los Angeles kitchen remodel financing?
Kitchens are among the most popular–and expensive–home renovation projects. The good news is, kitchen remodel loans can greatly help with the cost, and loan amounts typically go up to $100,000.
What kind of remodeling projects can loans cover?
The City of Los Angeles offers different incentives to do eco-friendly remodeling as well as certain projects like ADU addition. Loans, depending on the amount, can cover part or all of your kitchen remodel, bathroom remodel, or a combination of rooms as a part of a complete home remodel. Ask our financing experts about different great options to choose from!
Can you help me apply for a home remodel loan in California?
We aim to get you the best financing solution for your financial situation, and we can help you find the ideal loan type offered through the right lender. When you partner with us, we help you assess your financing needs and you’ll have access to our decades-long experience in helping homeowners get the assistance they need for beautiful home remodels in the Los Angeles area.
FINANCING HOME REMODELING
Solidworks Remodeling is neither a broker nor a lender. Financing is provided by third-party lenders unaffiliated with Solidworks Remodeling, under the terms and conditions arranged directly between the lender & customer , all subject to credit requirements and satisfactory completion of finance documents. Any finance terms advertised are estimates only. Solidworks Remodeling does not negotiate financing or assist with counsel.