How to Pay For Home Improvements

How to Pay For Home Improvements

As a homeowner, there’s always a list of projects you wanted to start yesterday to update your home. Maybe it’s new hardwood floors, a back deck, stainless steel appliances or transforming your existing, dated and ugly fireplace to a beautiful stone fireplace.

As a local business in the housing construction industry, we have seen firsthand that local and regional banks have begun offering money for home improvement projects again. We’re not just hearing stories from customers, we’ve heard from the regional banks themselves.

Just recently a Vice President and Branch Manager of First Midwest Bank came to our offices talking about a new program that offers from $10,000-$25,000 for an unsecured loan. Yes, an unsecured loan and you don’t need a home appraisal or a third-party inspector. But wait, there’s more. In addition, loan rates start at 6.15% and terms can be up to 7-years.

Obviously these loans are great for homeowners, but they are also a boon for communities because they stimulate the overall local economy in terms of higher home resale values, more building projects and improving neighborhoods.

With these new loans now becoming available, it is time to pull out that list of projects. Maybe it will be replacing that old siding and adding stone to the exterior or a landscape overall.

For more information on how we can help you with your stone veneer projects for your home please contact North Star Stone, Inc. at 847-996-6850 or at info@northstarstone.biz. Our digital visualization program allows you to see just what your home or fireplace will look like with brand new stone If you are in the Chicago market, call First Midwest Bank or your own local bank and see what rates are available.

Home Improvements