Monday, July 23rd 2018

Question

How to finance a home addition?

Interesting Question?   (3)   (11)



Answers (1)

8th Dec 2009 by Gary

There are a couple of ways to finance a home addition. The first would be through getting a home equity line of credit (HELOC), where you can access the credit line whenever you want to use it for what you want. You could of course go directly to your bank and ask for a loan, which will normally be gotten if you have enough equity in the home to protect the banks' money. The second way to finance an addition to your home if you're doing the work itself is through opening an account with a building materials company like Lowes or Home Depot, which offer terms on the materials you buy, making it a great way to add value and whatever you need to your home at little or no upfront costs.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



21st Oct 2009 In Finance 1 Answers | 706 Views

Answer This Question / Give Your Opinion
How to finance a home addition?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
What is epl insurance?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is epl insurance?
Unanswered Questions in Finance
What are the different types of financial leverage?
What are financing activities?
What is interest rate financing?
How to finance an acquisition?
Can i get a loan without a bank account?

Answered Questions in Finance
What are finance receivables?
What is predatory lending?
What is capital funding?
What is pmi mip funding fee?
How to get car finance?
Ask A Question
Get opinions on what you want to know:
Specific to any country?