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re: Renovation Loan APR
Posted on 11/2/15 at 4:14 pm to hawkeye007
Posted on 11/2/15 at 4:14 pm to hawkeye007
Thanks I was not sure, becasue my rate prior was 3.??% and I did not know how renovation loan %s worked.
Posted on 11/3/15 at 9:37 am to ntgreek00
a renovation loan is a refinance. You take the house plans for the renovation and have an appraisal done. the bank will loan you 90% of the value of the appraisal. so the type of renovation will be important to raising your value of the house
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