Our homes are our sanctuary — our place of rest, relaxation, and time spent with family. Over the years, our families change, but our home stays the same. This often brings us to a want or need in changing space. Maybe you need a larger kitchen for entertaining family and guests, or maybe it’s time you get outside more and want that sunroom or covered porch. Whatever the dream might be, you have more than one option available to work toward that goal. Anytime you are improving your home, you are adding value to it.
Interest rates are still very low and we have programs that will allow you to utilize some of the equity in your home to make those improvements. Using the programs we have designed for this as well as getting some of the still lowest rates possible, you can add even more equity to your home while often times saving money monthly or even removing years off your repayment term all while having enough to pay for your improvements. As a 14-year veteran of the mortgage industry, I take pride in helping home buyers and home owners find what is best for their individual needs. I don’t look at doing a mortgage as just another loan; I look at it as if I were in the shoes of that individual. Sometimes, the best solution is just making a game plan together and not changing or adding to the mortgage at all. That’s what I’m here for!
Here are a few examples of what the return on investment could mean for you:
Kitchen remodel: 92.9%
Bathroom remodel: up to 182%
Addition of living space: for every 1,000 square feet, 30%
Want more specifics? Call L&L Contractors and myself and we will work together to personalize a plan built just for you.
** Information retrieved from hgtv.com and the National Association of Realtors and not specific to any one scenario. This does not guarantee loan approval, project approval, or equity position. Must follow guidelines as specific to each scenario. Contact lender for more details.
Kelly Cearing
Mortgage Loan Originator
1608 Williams Drive Ste. 301
Murfreesboro, TN 37129
Direct: 615-812-5577
Fax:615-907-2955
www.kellycearing.com
NMLS#155561
