Home Improvement Loans
- Purchase your home and finance the improvements in one loan.
- Programs with up to 125% of the appraised value.
- Conventional rates available.
- FHA 203k Improvement Loans also
You may use all or part of your loan for home improvements. There
are no major restrictions on the type of improvements to be made,
within the boundaries of local building codes. Depending on the
extent of the project, and the specific loan program, you typically
have the choice of doing the work yourself, or using a licensed
contractor. An appraisal may or may not be required.
A home improvement loan is a fully amortized, fixed rate 2nd mortgage.
Placed in 2nd position on the property title, there is no affect
on the terms of the existing 1st mortgage. You may choose a term
from 5 to 25 years. The minimum loan amount is $15,000 unless stated
otherwise on the application.
There is no equity is required. A loan program is available whether
your home has equity, or not. The maximum loan amount can go as
high as 125% of the value of your home.
We have many Kansas home inprovement loans to choose from, please
contact us for information on any program