Thinking about borrowing to renovate your home?
Are you dreaming of a new kitchen, bathroom, carpet, or wanting to do a full-scale remodel of your home?
Making improvements to your property is a great way to not only create the home you've been dreaming of, but also increase the value of your home. A simple way to fund these alterations is to refinance your mortgage to increase the size of your loan.
If you are making minor improvements you may be surprised how easy it is for us to arrange the finance for you. For those looking to make structural additions there are a few more details your adviser will need to know. Working out how much the renovations will cost you will help determine which of the below financing options best suits your needs including:
- Redraw Facility
- Equity Loan
- Loan Top Up
- Renovation/construction loan
Each of these options has a range of different features, effecting things like the amount of control you have over the funds. A Mortgage Link adviser can guide you through the process, allowing you to enjoy making improvements to your home.
