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re: Home Addition Financial Question

Posted on 4/18/18 at 1:00 pm to
Posted by hawkeye007
Member since Feb 2010
5892 posts
Posted on 4/18/18 at 1:00 pm to
Your only choice is a HELOC if you don't want to refinance your first mortgage. My bank has a remodel product, basically we take your plans and build cost get the house appraised. We loan you up to 80% of that LTV minus what you owe currently on your house. 30yr fixed right now is 4.5ish some days 4.375% .
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