When you start on the path of home renovation, there are many different considerations that will help you decide which home improvement contractor is the right one for you. Can they see your vision and design something to match it? Do they produce quality work? Do they specialize in the type of home improvement you need? Are they licensed and insured? One of the most important things to consider is how you are going to pay for your project. Should you go with a business that provides contractor financing?
Find the Right Contractor
When it comes to choosing a home improvement contractor for your project, it is important to make sure they are capable of building exactly what you need. Ask if they have done projects like yours in the past. Go over the details of your vision and ask for a quote. The more details you give about your project, the more accurate the quote will be. Ask if there are any factors that might change the final price in the end.
There are many risks associated with hiring a home improvement contractor who is not licensed, insured, and bonded. Feel free to ask for a contractor’s paperwork to prove they meet these requirements. Most reputable businesses will have no problem showing you their credentials, and you will be saving yourself from being held liable if a worker gets hurt on your property.
It is also worth asking if your contractor will pull proper permits and work within the limits of your HOA, if applicable.
Different Types of Financing
The benefit of getting a personal home improvement loan over a home equity loan is that you won’t have to put your house up as collateral. You won’t need a home appraisal with a home improvement loan, and the funding process is less complicated. This means your project can start sooner than it would with a home equity loan. At HFS Financial, we help you to find the best home improvement loan options at the lowest interest rates.
Many home improvement contractors partner with HFS Financial to provide contractor financing. However, if your contractor of choice isn’t partnered with us yet, that doesn’t leave you without the financing you need. You can apply directly on our website and you will get a response back soon. Your contractor will be happy to know that HFS Financial doesn’t do “stage funding” like some banks. This means your project won’t be stalled by waiting for the next phase of financing to hit your bank account. 100% of your loan will be funded up front.
Your home improvement contractor will also love HFS Financial because our loan process is fast and simple. It only takes 60 seconds for you to apply and see your lowest possible interest rate. We won’t need a home appraisal, so the funding will be fast, and your project can begin sooner. Apply online or call us at 1-800-254-9560 to get started quickly with a fully funded project. At HFS Financial, “You Dream It, We Finance It!”