What's the best way to finance finishing an unfinished basement?
My husband and I have a bungalow with an unfinished basement that we are looking to have a contractor finish for us. We don't know the cost yet but it's likely to be $20-$30K. It was purchased about 7 years ago for $190K so we're going to have more than $30K inequity.
What's the best way to finance the basement finishing? Loan to finish basement? Roll it into a refinance? Credit Cards?
It seems to me that a refinance would add unnecessary closing costs while a personal loan would likely be very high payments depending on the number of years and interest rates, so we're a bit lost here. We don't trust our credit union or bank to shoot us straight on the best option.
We offer private, commercial and personal loans with an annual interest rate of very low temperatures up to 2% per year with a maturity of 50 years, anywhere in the world. We offer loans between US $ 5,000 and US $ 100 million.
ReplyDeleteLender Email Address: Garryjonesloanfirm@hotmail.com
Sincerely,
Mr. Garry Jones.
Garryjonesloanfirm@hotmail.com