If you finance your home project

You can use your equity in your home to increase its value.

Additionally, the interest from your loan, may be tax deductible.

You will need to contact your tax professional to be sure.

 There are several ways to finance your project

Refinancing.

Opening a Home Equity Line.

The best option for you depends on factors unique to your specific situation. Use your best judgment as to which financing vehicle is best for you but we recommend you apply to both and see which product best meets your need. Below you will find two great options.

While the best option will depend on your specific situation, if you have equity in your home, opening a equity line is probably the most flexible, easiest and effective financing for your project. Typically you can open a home equity line quickly with minimal paperwork. When you open the line you have access to the money, but you are likely not charged interest unless and until you withdraw money from the equity line. This allows you to only pay interest on the exact amount that you need for your project.

* (The links above will open in a new window and will keep this page open so that you may come back and apply for the other option.)