Second mortgages, for instance, used to be
called home improvement loans.
Not exact matches
Called a «personal»
loan for a good reason, the money you borrow can be spent towards personal expenses: anything from a vacation, to financing
home improvements, gift shopping, paying for a wedding or big purchase, paring down student
loan debt, or refinancing a credit card.
Yes, most lenders in the country dole out such kind of
loans that are
called «
home improvement loans» or «renovation
loans».
Lenders may finance
home improvements through
home equity lines of credit —
called HELOCs — or
home equity
loans, as well.
They are sometimes
called «
Home Equity
Loans» or «
Home Improvement Loans».
FHA also offers a
home improvement loans called the FHA 203K.
With a «green» mortgage, formally
called an energy efficiency mortgage or an energy
improvement mortgage, your lender will increase the size of your
loan to finance energy efficiency
improvements to your
home.