Renovating your home with an eye toward its future value can help you recoup the costs of the project – and then some. Here are six home improvement projects that can increase the value of your home. 1. Kitchen remodel The area of the house that will give you the largest return on investment is definitely the kitchen. It’s often …
If you’re a homeowner in need of a bundle of cash, look no further than your own home. By tapping into your home’s equity, you’re eligible for a loan with a, generally, lower interest rate and easier eligibility requirements. One way to do this is by opening up a home equity line of credit, or a HELOC. Let’s take a …
As a Directions Credit Union member, you have several choices when it comes to financing a home renovation. And we want to help you find the right one for your specific needs! First, let’s take a look at some common choices and why they’re not the best idea: 1. Home Equity Loan A home equity loan is a loan that’s …
