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Updated over 1 year ago,
Best finance option for personal home renovation
Hi. I've been wanting to do some renovations since I bought my home 3 years ago, but put it off. Now I'm a little hesitant due to higher interest rates. Would a HELOC be the best best option here or is there some sort of other creative finance I can look into? Mortgage balance is around $390k and value should be around $650-$700 maybe. If HELOC is best way to go, is there a specific bank you recommend?