Looking for money to finance a renovation on your home?

How to get a loan for renovations

If you need money for renovations, ask us. Decide on what type of renovations you might want – are they cosmetic, or more substantial?

Examples of renovations

Extending a House – Some people wish to expand or extend their house. The purpose of this can be to build an addition on the house, such as a new bedroom, or it might be to create a deck, another living room, etc. It may be possible to arrange funding for this so that a builder can do it for you. Also, when you extend your house, if it is done intelligently, it can mean a decent increase in the value of your home.

New Carpet – Carpet can be costly, but it is a popular way to bring freshness into a home. Understandably, with years of use by family members and pets, carpet can diminish. Getting a new carpet is a popular idea and people often look at replacing the carpet in their home every 10-15 years. This can be an important way to freshen up a home, especially if the current flooring or carpet is past its prime, and can add value to your home.

Repainting – Houses tend to benefit from a fresh coat of paint. Some people recommend repainting a house every 7-10 years internally and/or externally. As colours often fade or change, and styles evolve, it can be important to repaint your home. Giving your home a fresh coat of paint is something worth looking into.

New Drapes or Curtains – Drapes and curtains can be replaced as well. Finding the right fit and type of drapes or curtains can sometimes cost a lot of money, and getting it done can be complex. Getting a loan or finance for drapes and curtains is a popular with many people.

Fencing – Fences add privacy to your home and are a popular type of renovation or addition that people desire. Fences can be expensive to build, especially due to the design, land, and other factors.

Recladding – Recladding is a very substantial type of building work. Some people need a home loan for recladding in order to fund this expensive task. Getting funding to reclad your home, for example a plaster home to wood or weatherboard, can be complex, however it can be done in a lot of circumstances. For this type of complicated work it is worth speaking to a suitably qualified mortgage broker.