Can You Finance a Home Remodeling Project?

A home remodel is something many homeowners look forward to. Perhaps their needs have outgrown their current home so they want a new home addition. Or, they are looking to age in place, and they want to accommodate their needs. J & J Quality Construction is a residential contractor that serves Fresno and Clovis. Below, we’ll take a look at some of the ways you can finance a home remodeling project. Call for a free estimate today!

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Personal Savings

Financing your home remodel with your personal savings is the safest and easiest option. Here, you don’t have to go through the hassle of the home loan process or have a payment you have to make every month.

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Unsecured Home Loan

Another option to finance your home remodeling project is through an unsecured home loan. The advantage of this type of loan is that you don’t have to use your home as collateral. However, with no collateral, the interest rate may be higher.

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Home Equity Line of Credit (HELOC)

Many people take advantage of a home equity line of credit (HELOC) loan to finance their Fresno or Clovis home remodel. Your home is used as collateral, so the interest rate is typically lower, and it’s a revolving line of credit, so you only pay on the amount that you use.

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Cash-Out Refinance

A cash-out refinance loan is where you replace your mortgage entirely with another larger loan in order to receive money out. You’ll receive a new interest rate based on your credit score and current interest rates, as well as a new monthly payment amount.


For years, our team has been offering the best home remodeling services in Fresno and Clovis. We offer many services, including home additions, kitchen and bath remodeling, outdoor living space renovations, commercial remodeling, and more. Call for a free estimate today!

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