As a homeowner, you know that owning a home is an investment. From the landscaping of your property to the various other components that help to add resale value, it’s important to keep your home in tip top shape. Home improvement loans are able to offer the funding necessary for a homeowner to be able to continue to expand and improve on their space, and can be a great way to fund your investment. Home improvement loans can give homeowners the funding that they need in order to strengthen their investment in their home with renovations, updates, and repairs. However, there are certain risks that are necessary in order to invest your property, and it’s important to keep in mind that not all home improvement loans are created equal. Thus, it’s important to gauge all of your choices in order to make the best decisions when it comes to your home improvement loans. Here at Trinity Roofing, we want you to have the best investment for your money. This is why we have been able to stay one of the top roofing companies in the Orlando area. There are many financing options in order to maintain and improve the investment that is your home, and you should be able to have the best roof for a variety of reasons.

 

Here, Trinity Roofing discusses the different types of home improvement loans that are available in the United States, the various costs that a home improvement loan entails, how to qualify for a home improvement loan, and how to pick the best lender. This blog by Trinity Roofing is here to help you decide if taking out a personal loan for home improvement or accessing your home’s equity is a good choice for your roofing needs, and offer some helpful tips regarding how you may be able to look for the best loan for your needs. There is no single home improvement loan that is perfect for everyone, which is why the top performers are evaluated through ratings on product availability, customer service ratings, qualification requirements, and loan terms, on data provided by U.S. News and J.D. Power’s 2018 U.S. Primary Mortgage Origination Satisfaction Study. It’s important to note that these lenders were recommended by U.S. News as a way to support your research as you look for ways to fund your investment in your home through highlighting the company that is most likely to meet your needs. These companies are looked at as a good starting point for the majority of homeowners looking to fund their home improvement projects, but it’s important to also do your own research with these companies in order to select the best company for your unique situation. These recommendations are divided into two categories: home equity loans and personal loans. Remember that these recommendations are not applicable to home equity loans and personal lines of credit, cash-out refinancing, or reverse mortgages. Now that you’ve got the funding settled for your next roofing project, call Trinity Roofing today!

 

The Best Home Improvement Home Equity Loans

 

  • Alliant Credit Union- Up to 100% loan-to-value
  • Discover- No lender fees
  • LoanDepot- Fair Credit
  • Bank of America- Great Customer Service
  • Guaranteed Rate- No minimum Loan Amount

 

The Best Personal Loans for Home Improvement

  • Lightstream- Great co-signer option
  • Prosper- Best for small loan amounts
  • Avant- Few use restrictions
  • FreedomPlus- Best for fair credit