If you’ve done any research on renovation loans, you’ve probably seen Construction Loans pop up multiple times!

That’s because, for the longest time, these loans were the best way to finance home additions or major home remodels.

Many homeowners still use these loans because of the benefits they provide throughout the process (despite there being other beneficial loans to buy and renovate a property).

There are also a couple of different types of home improvement loans to choose from, so it’s important to have all the information before you decide which is the best option for you.

In this helpful guide, we’ll discuss everything you need to know from what is a Construction to Perm Loan, how construction to permanent loans work, and all the pros and cons of using it to finance your home renovation.

If you’ve been told that using a construction loan was the best way to finance your renovation project, you should read this guide to be sure you really know all the facts!

As a homeowner, you may be considering a home equity loan as a way to secure a home renovation loan or tap into your home equity.

A home improvement loan can be a great way to finance items on your renovation wishlist like a kitchen remodel or bathroom renovation. 

Every month, as you diligently make your mortgage payment, you might find yourself wondering when you will truly get to enjoy the major financial perks of homeownership - having funds.

You’ve probably heard of a Home Equity Loan and home equity line of credit (HELOCs) - but you’re still trying to figure out how useful they could be towards financing major purchases like that home renovation project you’ve been planning - right?

Are you looking for an easy affordable way to renovate or repair your home?

A renovation loan can help you do just that. Home renovation loans are the smartest way for homeowners to finance home improvements, yet most people don’t even know that they exist!

If you’re reading this article, someone probably told you the best way to finance your home renovation is with a construction loan. Sorry, but to put it bluntly, you’ve been given bad advice!

When it comes to financing a home remodel, it’s perhaps no surprise that many homeowners find themselves confused as to what their best option is.