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home improvement mortgage option?

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#1 Raymondello



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Posted 10 January 2023 - 09:58 AM

You guys always have great advice.

Looking to have siding and roofing done on the home. What is the best option in order to fund this project other than cashing out? Refi and roll into mortgage, etc? I know nothing about this process, and would love to hear the experts advice.

Thanks in advance.

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#2 samueljeremy



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Posted 10 January 2023 - 10:30 AM

Mortgages can be tricky and challenging. The main danger is the significant overpayment associated with paying interest on the loan. Keep in mind that the rates will continue to grow because of world events and inflation. If I were you, I'd contact a company specializing in this industry. Explain to their specialists what are your needs and goals. They'll know how to avoid paying double closing costs and interest rates. Btw, I always contact the guys from Mortgage Advisor Cardiff for any financial questions.