You have ideas for home improvements.
You may envision a new, spacious kitchen – complete with quartz countertops, custom cabinets and even WiFi-enabled appliances.
You might desire a serene, spa-inspired bathroom. Maybe you’ve been dreaming about an outdoor haven and tranquil pool.
Or, your idea may be as simple as a fresh coat of paint, new furniture or updated lighting and hardware. Whether it’s more style or more room, there are hundreds of upgrades you can make to improve your space, so you can be more at home.
From a few simple updates to a complete renovation, home improvement projects are both rewarding and cost-effective. Smart upgrades often add value to your home and help attract buyers if you decide to sell. More importantly, renovations can provide personal satisfaction by making your home reflect more of who you are and what you love.
Popular Home Improvement Projects include:
- New paint, appliances, hardware or furniture
- Kitchen upgrades and/or remodel
- Bathroom remodel
- New floors and windows
- Swimming pool
- Outdoor living space
- Landscaping
- Room additions
- Exterior improvements
So, what do you do when you have lots of ideas but limited funds? We have options.
Small DIY Projects
For smaller, DIY projects – such as repainting, updating hardware and fixtures, small landscaping projects or even new furniture and – two options are the TFCU VISA credit card or a TFCU personal loan. Both are ideal for small projects and for those who either don’t own their home or don’t have equity built up yet.
The TFCU VISA offers a fast approval and funding process. It’s convenient – you always have it when you need it, and you can pay it off at your own pace and in a shorter amount of time.
With a TFCU personal loan, you have a set monthly payment that doesn’t change. There are no up-front fees or closing costs, and it offers a lower rate than many other credit options.
Large Renovation Projects
You could be DIYing or hiring contractors, but for those big projects like new floors throughout the house, building an outdoor kitchen or remodeling your kitchen, using the equity in your home is a great financing option. These options include a Home Equity Loan or a Home Equity Line of Credit (HELOC). Both offer lower rates than non-equity options and are designed to help homeowners pay for big projects over a period of time.
A Home Equity Loan is a closed-end, fixed rate loan. You can borrow up to 100 percent of the appraised value of your home, less the balance of your first mortgage. With this type of loan, your monthly payment will not change.
A HELOC gives you the convenience of a credit line with even better advantages. You can borrow up to 100 percent of the appraised value of your home, less the balance of the first mortgage. You simply apply once and then access your credit when you need it. Low variable interest rates save you money over many other forms of personal credit. With this type of loan, you get approved but only use what you need, when you need it.
Spring is a great time to start your next home improvement project. You have ideas, we have affordable rates and options. Make your home more you.
Apply today online at TinkerFCU.org, at a full service branch, or call 800-456-4828, ext. 4448.