Sometimes it’s necessary and sometimes it’s just on a whim, but all of us have felt the need to improve our homes at one time or another. The RBA is the only central bank in the world to have begun tightening monetary policy this year, and the latest official hike comes ahead of important board meetings later this week at the US Federal Reserve, the Bank of England and the European Central Bank.
Additionally, as their underwriting process is so thorough, Earnest doesn’t take on as much risk as traditional lenders do. With their focus on the financial responsibility level of the borrower, they have less defaults and fraud, which allows them to offer some of the lowest APRs on unsecured personal loans.
Make sure that you check the legitimacy of the listed home improvement company before you hire it. If you do not find the company you are looking for on the internet, you can look through your local business directory for any listed home remodeling contractor.
B. If your current mortgage interest rate on your first mortgage is more than a half a point lower than the mid 6s, then you might want to leave your first mortgage right where it is. It is doubtful the mortgage rates will return to that level in this lifetime.
You’re in Control: LightStream gives you the freedom to use your loan proceeds on any home improvement you can think of, from outdoor decks, patios, landscaping and swimming pools to additions, solar installations, man caves, kitchens, bathroom renovations and anything in between!