How to Rea House. Re.ing can be expensive and time consuming, but if you determine you want to rea house, it can be done. With some help from this .Introduction. Until recently, borrowing money for a new kitchen, second story addition, or other home improvement meant going to the bank, seeing a loan officer, and .Hey, have you heard the one about the inch pro style range that ripped the molding off the back door on its way into the house? Or the poured on site concrete .Use our free home equity loan calculator to discover your monthly payments and other savings.
For major projects, you may need to tap into your home s equity by securing a home equity loan. A home equity loan is a second mort.e for a fixed amount of money that is secured by your home. You repay the loan with equal monthly payments over a fixed term, just like your original mort.e..FHA k Mort.es. These FHA insured loans allow you to simultaneously refinance the first mort.e and combine it with the improvement costs into a new mort.e. They also base the loan on the value of a home after improvements, rather than before..