Whether you’re a first time renovator or a seasoned “professional” financing your renovations and keeping your costs in check has impact when it comes to the success of your project. Knowing where to start with financing your renovations can be a daunting thought. It pays to do your homework and seek advice from our lending specialists to see what is best for you.
There are a number of ways to finance your renovations. These include:
- Borrow enough money to cover renovations when you take out your mortgage – or, refinancing your mortgage to borrow enough to cover your renovations.
- Keep your savings in an offset account attached to your mortgage so you can save money off your interest repayments and access funds to pay for your renovations when needed.
- Apply for a personal loan to finance your renovations.
- Apply for a credit card to finance your renovations.
Whether it’s a bathroom revamp or a multiple bedroom extension you’re after, our lending experts are ready and waiting to help you find the best way to finance your home renovations.