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Options to Build or Renovate a Home

Options to Build or Renovate a Home

CategoriesBuild-Construction-Renovate / Financial Education / News & Awards

Rebecca Squyres

June 7, 2017

Is building or renovating a home the right choice for you?

Have you been searching for the home of your dreams to no avail? Why not build your dream home from the ground up? If you already own your home and have no desire to move, you can get a loan to repair or even renovate your current home.

Home ownership is one of the most dependable investments in today’s economy. However, this doesn’t mean that you have to sacrifice personal wants and style for a solid investment. When you work with a reliable contractor, you can have all of the wants along with the needs! With home interest rates experiencing some of the lowest lows when comparing the rates of the past couple decades, building your own home sounds more attractive than ever!

In addition to being a sound investment and attractive interest rates, new homes typically have 700 more square feet of livable space when compared to older homes. Also, you will have energy efficient windows, air conditioner, heater, water heater, etc. We could go on for day about the great advantages of building your own home, or even renovating your current home.

For more information on the different types of home construction loans that are available and how you can begin the application process, please visit the GMFS Mortgage Construction & Renovation Loans page.

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Equal Housing Lender. ©2017 GMFS LLC. Loan programs not available in all states, or to all consumers. All loans are subject to availability at the time of application and for terms that meet each individual consumer’s needs and qualification information. Loan applications are subject to credit and property approval. GMFS LLC encourages all consumers to consult with a tax advisor concerning the tax implications for the type of mortgage sought. All mortgages are originated by GMFS LLC, NMLS ID #64997, at 7389 Florida Blvd. Suite 200A Baton Rouge, LA 70806. The retail division of GMFS LLC is Doing Business As “GMFS Mortgage”.

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