Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Best types of loans for home renovation"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]I posted this on the Real Estate forum but didn't get many relevant responses. We are about to borrow about 200K for an addition on our home. We have access to a HELOC that more than covers this amount. We've been planning to use the HELOC but now I'm wondering if we should explore other options first. Are there better loans than this for our purpose? The HELOC interest rate is prime + 1/4. We would like to put ourselves on a schedule to pay off the HELOC within 10 years. Also, are there any types of loans that need to be secured before you sign a contract for the work on the home? (I have no idea how construction loans work, obviously). Thanks. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
