Financing

Are you ready to remodel but don’t want to put out all of the cash?

At Hatfield (now Alair Homes- Plano) Builders & Remodelers, we understand that a home remodeling project is a significant undertaking in many ways. These projects can impact your daily home routine and are no small investment. Because of this, many clients ask about their financing options in order to make their remodeling goals more feasible.

Benefits of Financing Your Remodel

Financing presents a way to achieve your dream home without dipping into your savings.  As such, we are flexible and encourage our clients to look into their financing options so that they can fulfill their home goals without unreasonable economic risk.

If financing a remodel is something you’re considering, give yourself plenty of time to meet with lenders and weigh the options. There are numerous options (hundreds of them, in fact) to pay for a home remodel without refinancing the mortgage.

How much can you borrow? What is a good loan-to-value ratio? What are the best Interest rates? These are all excellent questions. Lending caps vary, and a range of borrowing terms may be available from different lenders, so it pays to talk to an expert. Assembling funds from multiple sources can be helpful as well. We will also advise you to consult with a tax expert as well when evaluating financing options as some parts of interest charged on your loan for home remodeling may be tax deductible.

Not sure what your options might be? Our team cares about finding the best path for you and your remodeling project. Give us a call and we will be happy to refer you to lenders who can find the right solution for you!