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Registered: 05-07-2021
Messages: 175
Rating: 6
11-02-2022 09:54
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So let’s say we are considering doing like 100k in updates to our home. How would you pay for such a thing? We have a home equity line but the interest is like 6% on that. Is that the best option or is there another type of loan to consider? We’d also be interested in refinancing to a a 15-year mortgage as an option.

I just don’t even know where to start with such a thing. DH wants to buy a new home altogether but remodeling our current time may also be an option. We are trying to understand the longer-term financial aspects of our options. Can anyone point me in the right direction?

Registered: 05-10-2020
Messages: 192
Rating: 0
11-02-2022 10:19
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Well, okay!

Registered: 23-08-2021
Messages: 53
Rating: 0
11-02-2022 10:23
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It all depends on the condition of your current home. If you have a terrible condition at home and repairs will cost a lot of money, then I think it makes no sense to take out a loan to repair a similar house. It is best to sell it and then take out a mortgage on a new house, and since you will have money, you will be able to make a sizeable down payment. In general, I would instead consult a mortgage adviser in your place because your situation is not easy. If you still want to find a specialist who will help you solve the issue, contact this company -- Mortgage Advisor Newcastle [newcastlemoneyman.com]. When I had problems with my mortgage, the mortgage adviser from this company helped me a lot.

Registered: 26-12-2022
Messages: 11
Rating: 0
13-01-2023 19:30
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Good evening! I have long dreamed of my own home, where can I get a loan for it?

Registered: 26-12-2022
Messages: 11
Rating: 0
13-01-2023 19:34
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I would be very grateful if you recommend something!
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