New windows will instantly change the look of your home’s interior and exterior. Choosing the right ones will also illuminate your space while improving your indoor comfort. When planning this project, you must be prepared for its costs.
Read on as a local window and roofing contractor shares different ways you can finance your project.
Personal Loan
Loans offered by your bank or credit union is a great way to cover minor home improvements. You won’t need to offer your home as collateral if you choose this option. Personal loans are unsecured, meaning your loan amount will be supported by your credit history and risk.
Home Equity Loan
Another option to consider for your window or siding replacement project is a home equity loan. If you have a good track record with your mortgage, you may be eligible for a home equity loan. With this window financing option, you’ll get better interest rates because you’re borrowing against your home’s value. It means you can secure better interest rates and lower monthly payments. However, failure to pay your loan can lead to foreclosure and it will take you longer to pay off your mortgage.
Credit Card
With an existing credit card, you won’t need to apply for a new credit line, meaning it won’t affect your credit score. It eliminates the approval process as well. However, finance experts don’t recommend using more than 30 percent of your credit card’s limit, keeping your credit in good health.
Our Financing Option
At Shine Construction Inc., we work with GreenSky® to offer you flexible payment options and competitive financing solutions. After we’ve provided you a free project estimate, you can get in touch with GreenSky or use its mobile app to get a credit decision in minutes.
Choose Shine Construction Inc. for your next window replacement project. You can count on us for versatile payment options and convenient, flexible terms. We also offer quality roof repair and replacement services. Give us a call at (508) 276-6644 or fill out our contact form to get a free quote.
