Are you running out of space in your home? Don’t spend your time looking for a new one. Instead of moving, make your home work for you! Here are some reasons why you should choose to spruce up your own home rather than selling and some tips on how to get started!

Stay at home and off the market!

You bought your house for a reason and have turned it into a home. Now is the time to start working on that home improvement to-do list that seems to keep getting longer. Whether it’s adding that third bedroom you need or finally creating your dream kitchen, staying where you’re at and doing some home improvements could save you money and add value to your house.

LEARN MORE: What is a home equity loan and how do I use it?

Instead of tapping into your hard-earned savings account or retirement fund, it’s sometimes a good idea to consider a home equity loan or line of credit to chalk off that list and finally have the extra space you have been craving!

Shop around

While HGTV makes DIY look fun and simple, it’s not always your best choice. You may be saving money by doing your labor, but if you aren’t confident in your work, you could wind up spending twice as much to fix your mistake.

Before you get your hands dirty, make sure you shop around to see if a contractor route might be best for you. The rule of thumb tends to be to check with three different contractors before making your final decision.

Keep your eyes open for deals

Even if you have decided to contract out your work, you can still buy your own materials to save money. While it may seem best to go straight for the cheaper and lesser quality product to cut down your cost, you don’t always have to cut corners where it will hurt you in the long run.

Always look for a deal and don’t stray away from bargain stores! Did you know that Costco sells kitchen hardware, flooring and tiles, and building materials?  Just remember, before you buy a certain brand do a little research and find out how this product is going to hold up over time.

Always plan for the unexpected!

What happens if you think you have enough money for the expensive tile and backsplash, but once you break into the wall to get that open concept you find out you have some electrical issues that need tending to? Even if your plan and budget completely coincide, don’t forget to plan a little extra money just in case the unexpected pops up.

Let's Get Started

Whether you want to remodel a kitchen or bathroom, consolidate debt, pay for unexpected expenses, or just get away for a vacation, you can make it happen with a home equity loan, or home equity line of credit. Check out our Home Equity page to learn about the differences between a home equity loan and line of credit, and to see how much you might qualify for.

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Zero Down Payment Offer

To make the process as simple as possible with our Zero Down Payment mortgage offer, we encourage you to speak with a mortgage expert so they can explain the requirements and guide you through the process!

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Need Help? Contact us at 800.442.2800 and we will help you get started with the application process.