Remodeling: Transform an Average Home Into a Dream Come True!

Dec. 3, 2018

Got your house but it’s not quite right? It might be time for an update. There are lots of reasons to fix up your home. Whether you want to increase the resale value or just make the home yours with some customization, First Digital can help you get it done.

New Home Blues

If you’re a recent home buyer, you might be tapped out after making the initial down payment and closing costs, including upgrades to amenities and the inevitable need for new furniture. Maybe you’d like to make additional improvements to really have the home of your dreams. Landscaping could be in order, or you might be entertaining the vision of a pool or deck. A home equity loan could be the right option for you if you already have equity. Otherwise, you may want to look at a fixed-rate personal loan.

Major Overhaul

Have you had your home for a long time, and the 1980s cabinets just aren’t your taste anymore? Or that old deck has seen one too many winters? Maybe it’s time for a big renovation project to give your home a fresh look. Long-term homeowners with equity can make that old house new again with a home equity loan. Or if you currently have a high mortgage rate or adjustable rate, it might be beneficial to refinance your mortgage and take some cash out for the remodel.

Just a Facelift, Please!

If you are thinking about selling your house, now is a good time for a remodel. You can attract buyers with that master bath update you’ve always wanted. Or a facelift to your home’s curb appeal could be in order. Think fresh house paint and a modern mailbox and house numbers, complemented by a bed of newly planted evergreen shrubs and a climbing hydrangea.

Research your local housing market to make sure you’re not going over the limit on the fair market value of your home. You’ll want to get a return on your investment.

Next Steps

Regardless of your reason for home improvement, make sure you share your goals with a First Digital mortgage consultant. We will help you weigh your options for financing based on your mortgage balance, income and credit score. Contact us to find the best deal for you.