by STAFF WRITER Published April 7, 2009 Credit Unions Online
Are you thinking of putting in a pool or deck this spring? Or how about a new porch or roof? Or maybe you need to build on an additional room for more space? Financial experts agree that improving your home is one of the best investments you can make. You can often recoup the cost of the improvements once you sell the home.
When it comes time to finance your improvement, think of your credit union first. We have a variety of home improvement loans to fit every need. If your project is a one-shot deal, we can arrange a closed end loan - one loan with set payments over a set period of time. Or, if you'd rather work on your project over a period of time and/or have multiple projects you want to do, we can arrange a line of credit. You can tap into the line of credit as needed, up to a predetermined amount and make a minimum monthly payment.
If the improvement loan is secured by your home, the interest you pay (in most cases) is tax deductible. Call or stop by your credit union today to discuss your home improvement needs and see how they can help.