Construction Loans for Renovations and New Construction Mortgage Financing
Construction loans for renovations allow you to finance a home improvement project, whereas a new construction mortgage allows you to finance a new construction project. The terms and loan programs vary depending on if you are financing a renovation or building a new home from the ground-up. A construction mortgage will help cover the costs associated with the project.
GuardHill offers a variety of loan programs and an abundance of professional advice for clients who are financing a renovation or new construction project. We will ensure that you pick the financing route that works best for your goals.
How does a New Construction Mortgage Work?
A new construction mortgage is useful when you’re looking to build and finance the home of your dreams. Typically, for a new construction loan, you only pay interest on the loan during the construction period. Once construction is complete, the loan amount is due, and the construction mortgage turns into a traditional mortgage. At GuardHill, we have multiple new construction loan programs so we can match your goals and financial needs to the appropriate loan program.
Financing a Renovation for Your Home
Financing a renovation allows you to leverage your credit and income to provide for your dream renovations. Whether you are looking to expand your home, create a stunning new kitchen, improve the value of your home, or need a new air conditioning system, a home renovation loan will allow you to do so.
GuardHill Financial Can Help You Have Your Dream Home
Whether you are looking to build your dream home or make improvements to your current home, the professionals at GuardHill are prepared to make your vision become a reality. With our custom-tailored loan programs and financing expertise, we will ensure that you can responsibly borrow the money you need.