Whether you’ve been in your home for decades or just a short amount of time, sometimes it could use an improvement! There are numerous ways to pay for your home renovations…but how do you know which route you should take? Continue reading to learn three solutions to fit your needs…
Credit Card. A credit card can work for minor touch-ups like a fresh coat of paint, or small renovations like a kitchen update. With low credit line options and competitive rates, a SeaComm Visa Credit Card is the best option for your minor home-updates! Click here for more tips on completing small renovations.
Home Equity Loan or Line of Credit. A Home Equity Loan is a convenient way to manage your debt level and payments while reducing your interest expense. This type of loan allows you to borrow a fixed amount of cash for whatever you need, which you receive in one lump sum. Whereas a Home Equity Line of Credit (HELOC) is an open credit line that is secured by your home’s value. To learn more, click here!
Personal Loan. Using a personal loan for mid-sized home improvement projects is a great idea, depending on your needs and the amount of funds you are looking for. After a quick and easy application process, you’re able to pay back your debt in monthly/bi-weekly installments! To apply for a personal loan with SeaComm, call us at (800) 764-0566 or visit your nearest SeaComm branch location!