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Loan help!

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mlny
blessed <3

Member since 10/09

2113 total posts

Name:
M

Loan help!

We are contemplating dormering the top of our house. It will be about a $150,000 project. Obviously we would need to take out a loan.. but what kind of loan would we need? Where do we even go first?

If it makes a difference, the house is paid off so we currently don't have a mortgage on the house.

Help? Thanks!
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Posted 10/11/12 9:46 PM
 
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FranM
And so it goes....

Member since 9/05

2217 total posts

Name:

Loan help!

Since you do not have a mortgage I would check into a home equity line of credit with a fixed rate. This way you get the interest deduction and some flexibility with payments.








Posted 10/12/12 10:30 AM
 
 

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