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- Financing options for a basement remodel or renovation include12:
- Home equity loans: A loan which uses the value of your home’s equity as collateral.
- Home equity line of credit: Allows homeowners to borrow against their home’s equity as needed rather than taking a lump-sum payment.
- Personal home improvement loan
- FHA Title 1 Loan
- Cash-Out Refinance
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.7 Financing Options for a Basement Remodel or Renovation
finishedbasementsandmore.com/blog/7-financing-o…Basement Remodel Financing Options
- Home equity loan. This kind of loan allows homeowners to tap into the equity they have built up in their home to use as collateral. ...
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