Options to Build or Renovate a Home
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.