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Father’s Day Home Renovation Solution | How Can Home Equity Loans Help Fund Home Improvement Projects?

home equity loan in Lake Mary

Make this Father’s Day even more memorable by treating yourself to some home improvement projects this year. If you’ve been thinking about renovating your home but are unsure about how you could possibly fund everything yourself, you can start looking at home equity loans here at Pioneer Mortgage Funding, Inc Lake Mary to give you a hand. Read on to learn how you can take advantage of great home equity loan rates to fund your Father’s Day home improvement projects. If you’re looking for assistance with first time home buyer programs in Lake Mary, FL, call Pioneer Mortgage Funding, Inc Lake Mary today.

Father’s Day Is The Perfect Time For Home Improvement

With Father’s Day coming up, sons and daughters all across America are looking for creative gift ideas. A home remodeling gift is a unique idea that will be highly appreciated. You can provide your dad with a purpose-built space just for him. One idea is building him a “Man Cave,” where Dad can relax and enjoy his favorite activities, either in solitude or with his friends and family. Remodel as a Father’s Day gift and craft a stylish man cave with a bar, sink, fridge, storage, wine racks, and more. Another great idea for a Father’s Day remodeling project is to update his entire closet area. A walk-in closet will allow Dad to keep all his work, social, formal, and casual clothes separated and organized while providing him with a stylish wood-paneled space. He can try on outfits, dress in privacy, and enjoy grooming himself in the full-length mirrors you install. You can streamline the closet and get the most out of the space with innovative built-in shelves, drawers, nooks, crannies, and niches wherever possible. 

Take Advantage Of Great Home Equity Loan Rates

You may be wondering how you can afford these renovations to give your dad the beautiful space he deserves. Pioneer Mortgage Funding, Inc Lake Mary, a top analyst of first time home buyer programs, is here to tell you that you may be sitting on a mountain of equity if you are a homeowner who has paid down a significant portion of your mortgage. You may be able to use that equity to make home improvements if your house is worth more than you owe on it. Interest rates on home equity loans are currently only about 5.85% APR and HELOC rates are about 6.3% APR. The interest you pay on home equity loans and home equity lines of credit, or HELOCs, are tax-deductible. But only if the money is used to remodel, repair, or otherwise improve the property value of the home. Building a bigger walk-in closet, outdoor kitchen, or man cave is not only a thoughtful gift for your dad but also helps to create a higher home value that’ll benefit homeowners and lenders. No matter if you’re looking to sell or just create a more comfortable space, investing in your home is a smart idea. And now that Father’s Day is coming up, you have every excuse to renovate your home. 

Contact Us Today

Take advantage of home equity loan rates to treat your dad to a home improvement project this Father’s Day. Call our office in Lake Mary, FL, to find out more about first time home buyer programs. 

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