Home Improvement Loan Programs
Make Your Home Your Dream Home...
Home improvement loans are used to finance improvements on your house. These loans are used to maintain or increase the value of your home. This can include repairs, a new kitchen, a new bathroom, an extension or general property improvements. Loan values are based on your finished (after improved) home. These loans offer lower rates than second mortgages or credit cards. ProLending can help to give your house a makeover with a home improvement loan today.
We Offer 2 Types:
- Home Improvement Perm
- The Home Improvement Perm loan is a short-term loan to finance the renovation phase of a real estate project AND the permanent long-term loan on the house rolled into one package. The purpose of this loan is to save money on closing costs and lock in a permanent rate before construction begins. It can be done as a purchase or refinance.
- Phoenix Loan
- A Phoenix loan is an in-house construction loan which is used either to purchase or refinance the property and lend money to do renovations. When the project is complete, we then close a permanent loan. The benefits of this program are less or no money out of pocket based on the final value.
Georgia Mortgage Licensee Number 13104