Help with home improvements

In other words, you don’t have to leave any equity in the home if you meet your lender’s credit score requirements. The minimum amount of equity you’ll need to leave in your home when you refinance varies by loan type and by lender. If you want to take cash out with a conventional loan, you’ll typically need to leave at least 15 – 20% equity in your home. When you opt for a cash-out refinance, you refinance your mortgage for more than you owe and take the difference in cash. The more equity you have built up , the more money you can convert to cash. Refinancing is a low-interest way to get tax-free cash for remodeling your kitchen, finishing your basement or anything you choose.

  • Professional home improvement is ancient and goes back to the beginning of recorded civilization.
  • Looking back I’m not sure if things were done in the best way and I am concerned about the strength of th…
  • VA loans, on the other hand, are unique in that you can refinance 100% of the home’s value.
  • What is lighter than Dove Wing but can still be paired with a white trim .

You can subtract your current loan balance from the appraised property value to determine how much equity you have in your home. Pegboards are simple to hang, and can be easily customized with paint and can be cut to fit the size of your wall. If an overhead rack isn’t the right fit for your kitchen, consider installing a pegboard. Popularized by famous chef Julia Child, use a pegboard with hooks to hang pots, pans, and other tools.

Aging housing stock fuels home improvement boom

The cost of a mid-range bathroom remodel averages between $3,000-$12,000 according to Zillow. Professional landscaping can cost anywhere between $500 – $3,000 according to Matke. Victoria Araj is a Section Editor for Rocket Mortgage and held roles in mortgage banking, public relations and more in her 15+ years with the company. Apply online for expert recommendations with real interest rates and payments.

Remove a Popcorn Ceiling

Placing a ceiling medallion around a fan or light fixture is another way to add architectural flair overhead. Decorative ceiling medallions are available in all shapes, sizes, and styles. A sliding barn door adds dimension to any home with a farmhouse flair. Perfect for a kitchen or den entrance, a sliding door provides privacy when needed or acts as eclectic decor when not in use.

Your shower curtain takes up the single largest piece of real estate in the bathroom. So needless to say, swapping it out makes a huge impact for very little money. Choose a fringe-style curtain for a boho look, go bold with large, moody florals or opt for a soft, modern ombre like designer Kerra Michele Huerta did here. We also love how she upped the drama by installing a shower curtain on each side of the tub. Make a small bedroom look larger by adding mirrors to plain closet doors or the back of a bedroom door. Simply pick up a couple of cheap, framed floor-length mirrors for less than $10 at your local big-box store, then paint the frame to match your space.