When renovating your home, it pays to be prepared. This means ensuring you have all the correct materials, you have the right tradespeople to help you and you have enough funds to get the job done right.
One of the common pitfalls when renovating is partially completing a job, losing momentum and dragging out the process unnecessarily. Not only can this end up costing your more, but it causes unnecessary hardship as you live with a hole in your roof until you get the funds necessary to complete the job. Therefore, ensuring you have everything you need to complete the job in one go is vital to its success.
The short answer is it depends on your situation. In some cases, those with a home loan may be able to utilise a line of credit to unlock the necessary funds. Other renovators may simply take out a small loan to get the job done.
Whatever the case may be, a JPB Mortgage Group broker can help. With access to over 40 lenders, and over 15 years experience, we can get you the right finance for the job. Simply contact us by completing the form on the right or call us on 02 4627 5511.