Refinancing Options for That Home Renovation
Posted by Tim Shepard - Broker on
Make Your Home Renovation Dreams Come True
There's nothing like a renovation to make your home feel new again. Small jobs like painting, adding new trim, or flooring, are usually pretty manageable, but bigger jobs like a new roof, dream kitchen, swimming pool or other large scale projects, might require a bit of creative financing.
When researching current options for financing a home improvements in the Destin area, we went straight to the expert and spoke to Jason Hebert, Vice President Mortgage Loan Originator at Trustmark National Bank, Destin FL. He outlined the following two solutions as the most common choices for refinancing a home renovation.
1. "Cash-Out" Refinance
A "cash-out" refinance enables a borrower to take out the…
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