Remodeling your kitchen, painting your home, or replacing your roof can be a pricey proposition. If you choose the right project, however, your investment can pay off for decades in terms of personal enjoyment and improved resale value.
Home improvement loans are useful for financing:
- Kitchen remodels
- Bathroom remodels
- New deck, patio, porch or swimming pool
- New exteriors
- Green homes (solar panels, replacement windows)
- Home repairs amongst others.
Home improvement projects can also extend the life of your home, making it less likely you’ll need to pay for pricey repairs years down the road. When you replace your roof and gutters, for example, you may be preventing future water damage and extending the life of your home’s exterior components.
But not everyone has the cash to pay for expensive home improvements in full up front, and that’s where home improvement loans come in. The Federal Government Staff Housing Loans Board will assist you secure the loan you need to improve your home.