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A short term loan for home renovations can be obtained by most major financial institutions and banks. A secured line of credit can also be obtained and used to finance purchases as well as renovations.

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11y ago

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my husband and i got a va loan to purchase our home in 2007, can we also get a home improvement loan we don't want a home equity loan we just want to consolidate a home improvement loan from sears to another home improve ment loan with lower interest?

It is difficult when you have a Va but try going through CITI finacial You can either consolidate your loans into a 100% VA Loan and get cash out for the home improvements. If the home improvements are considered Energy Efficient improvements, you can borrow over and above the value of your home. We can connect you with a lender that WILL NOT charge you fees for the VA loan.


Can I deduct interest on a personal loan used for home improvements?

no


What are the eligibility criteria for claiming the home improvement loan interest deduction on my taxes?

To claim the home improvement loan interest deduction on your taxes, you must meet the following criteria: the loan must be used to make improvements to your primary or secondary residence, the loan must be secured by your home, and the improvements must add value to the property.


What is the purpose of a home equity payment?

If one has a home equity loan, payments must be made on the loan. Usually a home equity loan is taken out for situations such as major home improvements, or financing a college education.


what is a home equity line used for?

You can use a home equity loan to pay off debt, make improvements on your home purchaase of any kind. A home equity loan can be used to anything you want.


Where can you find a home equity loan in Montreal?

There are several reasons why you could be looking to find a home equity loan and that will need to be evaluated with the bank. You will first have to decide how much of a loan you will be allowed by a bank. You can try calling local banks in the Montreal area and discussing their rates. There is Bank of America, Chase Bank or Key Bank to name a few. Also Wells Fargo offers loans or home equities for home improvements.


Where can I find a bad credit home loan?

You can find a bad credit home loan at homecredit.com


What would you have to do to get a home improvement loan?

A home improvement loan is intended to be used to make improvements to the value of the home. In recent years, homeowners have used this to buy new property to be used as investment vehicles.


Where can find equity home loan mortgage refinancing in Houston?

One can find equity home loan mortgage refinancing in Houston at the following places: Loan Star Financing, TexasLending and even at Houston Home Loan.


Where can you find home loan comparisons?

You can find home loan comparisons almost anywhere. You can call or go online to compare. Almost all real estate websites have home loan comparisons.


What are Wells Fargos current home equity loan rates?

Wells Fargos's home equity loan rates fluctuate depending on the current interest rates. The home equity loan rate can change frequently in a short period of time. To find the most current home equity loan rates for Wells Fargo, it is best to contact the company directly or via their website.


Where can a person find a home loans calculator online?

If you need a home loan calculator, you can find one at Nationwide and take advantage of a home equity and mortgage loan calculator to estimate a loan you can afford.