Renovation Loans
|Affordable Home Renovations With United Home Loans
Are you thinking about a new kitchen, but are short on home equity and cash in the bank? United Home Loans can turn your thoughts into action, because affordable renovation options are within reach. With a MakeOver Mortgage, you can renovate and increase the value of your current house at an outstanding rate, and you can qualify with limited home equity.
All home improvements apply, so imagine what you can do for a low monthly payment. New kitchen, bathrooms, additions, exterior work – we can fund your vision. With MakeOver Mortgage, you can:
- Qualify based on completed value of property after improvements
- Finance up to 95% of new value
- Enjoy a low rate
Still thinking about that new kitchen? Whether you want a basic remodel or a gourmet oasis that would make a chef drool, United Home Loans makes it possible. See how different loan amounts affect your monthly mortgage payment:
Build Your Dream Kitchen for a Small Monthly Payment
| Loan Amount | Monthly Payment |
|---|---|
| $25,000 | $136.12 |
| $50,000 | $268.41 |
| $75,000 | $402.62 |
Again, you can qualify without home equity, and the program also applies to new home purchases. Let United Home Loans fund whatever home you envision. Contact us using the form below or at 708-531-8388 for information.
*Payments listed in the table above reflect the increase in monthly payment if you add the above referenced improvement amounts to your mortgage. Payments quoted assume a rate of 5.000/5.570 APR, 740 credit scores, single family home in IL, 80% loan to value and a 45 day rate lock.
