Spring Forward with Home Renovation
Spring is just about a month away, and if you’re considering doing home renovation next season, this is a great time to put your financing in order.
A HELOC (Home Equity Line of Credit) is a perfect solution for homeowners that need to scope out funding for major repairs or renovations. HELOCs offer a lower interest rate than credit cards or personal loans. Plus, by making improvements, you may very well increase the value of your home!
As a revolving line of credit, you can use the money whenever you need it, and you only pay interest on the amount you use. This is a boon for projects that have unexpected timelines or unforeseen cost expectations, such as a kitchen remodel, structural repairs or additions, or upgrades on an older home.  
If you’re considering home improvements, give me a call to learn more about using a HELOC to fund your projects. If you prefer, we can bring your CPA or tax advisor into the loop to see if your proposed renovations will qualify you for any tax deductions!