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Home Improvement Loans |
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Lowest rates from over 50 lenders displayed:
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| Loan Name |
Rate |
Pts |
APR* |
As of |
| Stated ARM Balloon |
5.99% |
2.0 |
6.24% |
2007-09-19 |
| Stated ARM Year 10 |
5.75% |
2.0 |
6.01% |
2007-09-19 |
| Stated ARM Year 2 |
6.9% |
1.0 |
7.15% |
2007-09-19 |
| Stated ARM Year 3 |
6.5% |
2.75 |
6.76% |
2007-09-19 |
| Stated ARM Year 7 |
6.125% |
2.75 |
6.38% |
2007-09-19 |
| Stated Fixed Year 10 |
5.5% |
2.75 |
5.75% |
2007-09-19 |
| Stated Fixed Year 15 |
5.25% |
2.75 |
5.51% |
2007-09-19 |
| Stated Fixed Year 20 |
5.37% |
2.75 |
5.62% |
2007-09-19 |
| Stated Fixed Year 30 |
5.625% |
2.75 |
5.89% |
2007-09-19 |
| Stated IO Year 10 |
6.0% |
2.75 |
6.25% |
2007-09-19 |
| Stated IO Year 10/30 |
5.75% |
2.0 |
6.01% |
2007-09-19 |
| Stated IO Year 15/30 |
5.75% |
3.0 |
6.0% |
2007-09-19 |
| Stated IO Year 3 |
5.25% |
3.0 |
5.51% |
2007-09-19 |
| Stated IO Year 5 |
5.5% |
3.0 |
5.75% |
2007-09-19 |
| Stated IO Year 7 |
4.87% |
3.0 |
5.13% |
2007-09-19 |
| Stated LIBOR Year 3/1 |
5.25% |
3.0 |
5.5% |
2007-09-19 |
| Stated LIBOR Year 5/1 |
5.5% |
2.0 |
5376.0% |
2007-09-19 |
| Jumbo ARM Balloon |
6.75% |
2.0 |
7.01% |
2007-09-19 |
| Jumbo ARM Year 3 |
6.125% |
2.0 |
6.39% |
2007-09-19 |
| Jumbo ARM Year 5 |
6.25% |
2.0 |
6.5% |
2007-09-19 |
| Jumbo ARM Year 7 |
6.5% |
2.0 |
6.76% |
2007-09-19 |
| Jumbo Fixed Year 15 |
6.5% |
2.0 |
6.76% |
2007-09-19 |
| Jumbo Fixed Year 20 |
5.87% |
2.0 |
6.12% |
2007-09-19 |
| Jumbo IO Year 10/30 |
6.75% |
2.0 |
7.01% |
2007-09-19 |
| Jumbo IO Year 5 |
6.5% |
2.0 |
6.75% |
2007-09-19 |
| Jumbo IO Year 7 |
6.625% |
2.0 |
6.89% |
2007-09-19 |
| Jumbo LIBOR Year 5/1 |
6.625% |
2.0 |
6.88% |
2007-09-19 |
Home Improvement Loans are an ideal way to take money out of your house to make the improvements to your home that you have always wanted to do but did not think you could afford to do it. Home Improvement loans can be used for many different things including repairs and alterations, additions, construction and more. You can add a new roof, build a swimming pool for summer, add a room, build a deck or add a gourmet kitchen. All of which would improve the value of your home substantially.
The loans are secured against your mortgage through refinancing and taking cash out. Meaning a borrower can take advantage of very low interest rates with low monthly payments and the loans are tax deductible, unlike credit cards.
Borrowers have taken out tens of thousands of dollars without increasing their mortgage payment by taking advantage of low interest rate loans.
Home Improvement loans are a very easy application process. You do not necessarily have to have a steady job or make greats amount of money. You do not have to have perfect credit. In fact, you can have fair or even poor credit and still qualify depending on the value of your home. You do not have to live in the home to do a home improvement loan.
For many Americans, their home is their most valuable asset. So fixing it up and making it more valuable with low, tax deductible interest rates can prove to be a very smart and rewarding experience.
Some loan products that work very well with home improvement loans are:
30 Year Fixed Rate Cash-Out Mortgage
7 Year Interest Only Cash-Out ARM
5 Year Interest Only Cash-Out ARM
3 Year Interest Only Cash-Out ARM
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