Not only can these projects beautify your home. They can serve other great purposes like helping you make your home more energy-efficient or increasing the value of your home.
The good news is that you can still get it all done if you do not have all the cash in your pocket to pay for it on the spot. Yes, a CNB home equity loan or line of credit is a smart way to finance these projects, and it is always smart to take on projects that help keep your home in tip-top shape. After all, your home is one of your most significant investments. With that thought in mind, here are a few projects to consider:
Kitchen remodeling. Holiday gatherings are coming up soon and your kitchen is likely a big gathering place for lots of company during this time. Giving your kitchen cabinets a facelift, for example, is an example of just one upgrade that can make a big impact to the overall look of the room. On another note, if your refrigerator, dishwasher or washer and dryer are on the blink, a home equity loan or line of credit can make those purchases a reality as well.
Home weatherization. With cooler weather on the way, it is important to make sure that you do not have money literally seeping out of your doors and windows. Heating and cooling typically costs for nearly half of the average home’s energy bill, so taking the time to seal up cracks and crevices can translate into immediate savings. Doors are also one of the most common places to find leaks and drafts in your home. Using weatherization products on your doors can help block drafts and keep the temperature in your home more comfortable. Consider replacing worn-out weather stripping around your doors and replacing damaged door thresholds to ensure a tight seal around entry doors.
Painting. It is also amazing how a fresh coat of paint on the exterior or interior of your house can breathe new life into your home, and give it terrific curb appeal should you ever decide to put your home on the market.
If you’d rather take on less functional tasks and just have some fun, remember that a home equity loan or line of credit can also be used to overhaul your yard with new landscaping or give your back patio a whole new look with some new furniture.
Whatever home improvement projects you have in mind, a home equity loan or line of credit is a great way to make it all a reality. Contact your Mortgage Originator to get started.