Looking for home improvement financing but have bad credit? We may be able to help you get an offer. How much money do you expect to spend on your project?
Loans For A Home Improvement Project
Good credit or not, those home repairs and improvements need to be made. Luckily, we may be able to help you get a loan for your project, even with bad credit.
So, how can we do this?
It is simple, we can help because we are not direct lenders. Instead, we get you access to a much larger group of lenders. When you have bad credit, more lenders means more chances of getting a yes from one of them.
Even better is that your lender will pay you your loan proceeds in cash. That can allow you to shop any dealer or contractor that you like. It may also allow you to handle your home improvements or repairs yourself.
Get Your Cash Offer
So, now that you see how it works, let’s get you that offer.
All that you need to do is fill in the form at the top of the page. Estimate how much money that you need and then enter your personal details. Then, just submit your form and get your answer.
If your request is approved, one lender will make you a loan offer. Since we are not lenders, you will be redirected to their website where you can review the details of your loan. Should everything look good, you can accept your home improvement financing and your lender will get you money as soon as they can. This can happen as soon as the next business day.
Making Your Decision
If you receive an offer, you are under no obligation to accept it. In fact, you should give it careful consideration before you do so.
One thing that you must consider is the loan payment. Make sure that it will fit into your current budget. If things look tight with your home improvement financing payment, you have three options. You can cut some other expenses, add some additional income or simply turn down this loan.
Another consideration should be whether the loan is too costly. Everyone will have a different opinion as to whether a loan is too expensive. Take a look at the total loan cost and compare it to the initial loan amount. How much of a financing cost are you willing to take on to get your home repair or improvement project off the ground?
Your Home Project
If you accepted home improvement financing, now it is time to give thought to getting that project underway. Here are some things to keep in mind.
First, try to add value. You can do that by prioritizing bath and kitchen renovations. These are the improvement projects that add the most money to your home.
Second, know your limits. Everyone has a limit to their DIY ability. Even if you are a do it yourself veteran, there may be things that you can not handle such as plumbing an electric. Knowing your limits will allow you to call in a pro when necessary.
Finally, have a clear home improvement plan. The last thing that you want to do is change your vision half way through a project. That would be both a waste of time and money.
Popular Home Projects
People use their loan money for all sorts of projects from minor to large. Searching for some ideas? Here are some of the more common ones we hear about.
Do you have land? If so, you would likely benefit from a metal garage. There is nothing like having your own shop space, especially if you can get a thousand square feet of it. Want something a bit cheaper, consider a metal carport instead.
If you consider a new garage, don’t forget about cooling that space. A portable air conditioner can get the job done and you can use it in your home as well.
Nothing makes a home feel more like a resort than a pool. Consider an above ground pool if you want this luxury at an affordable price.