How To Finance Your Home Improvement Project

Have you ever had this feeling where you look at a room in your house and say:”I wish I could change some things here”? Probably most people will confirm this thought. Whether it’s a new kitchen, bathroom remodel, room addition, backyard makeover or fixing the roof, we all have a vision for how we want our house to look like. The problem is that most home renovation projects are quite expensive, and it’s really hard to save up for the new kitchen you wanted.

Fortunately, there are many ways to get financial help with your project. Companies like Hero, Ygrene or Benji are offering up to 100% financing on qualified home improvement projects. The question is then, what are the qualified projects?

For most financing companies, the answer will be anything that involves energy efficiency. In other words, any project that will end up saving power, water or gas, will be considered qualified.

What are the qualified projects?

Every financing company has a list of qualified projects, which they offer up to 100% help with financing. The Hero Program, for example, offers financing on variety of projects including solar installation, lighting changes, landscaping, etc. (You can take a look at the full list right here).

Ygrene, on the other hand, will offer you financing on energy efficient projects as well as retrofitting and foundation projects, to help you get prepared for hurricanes or earthquakes, depending on the area you live in.

How do i apply for financing?

The process of financing your home improvement project is quite simple. Usually, the home improvement company will send a consultant that will give you a rough estimate of your project, and will also help you take care of the financing applications. If you want to do it by yourself, most finance companies will have a simple procedure via their websites. Benji, a subsidiary company of Hero, will offer you a paperless online process that will be completed in minutes, and funding within no longer than 48 hours after job completion.

Final Conclusion

The bottom line, is that home improvement projects are no longer a far-fetched dream. Thanks to all the financing programs that will give you great incentives, anyone can get his project financed. All you need to do is find the right contractor for you, and ask him about his financing options.


Useful Links

Hero Qualifying Projects List:

Ygrene Qualifying Projects List:

Benji Website:

Home Improvement Projects To Reduce Monthly Expenses

Becoming a homeowner can be a really large expense. Besides paying for the house you just bought, you have to pay mortgage, bills and other recurring expenses. All of these expenses can really make you doubt the decision of buying a house since the leasing option looks significantly cheaper.  However, there are a few things that homeowners can do to reduce their monthly expenses. By having the right home improvement project done in your house you can actually increase the house value while paying less every month. Here are the things you can do to your house to make it worth more, and cost less:

First, Find Your Problems

In order to know better what are the best home improvement projects that you can do in your house, you need to know where are the major issues in your problem. You can do the testing by yourself, or call a professional, but the main idea is to test all your major systems in your home and find leaks, electronic and mechanical appliances efficiency or problems with the insulation.
After you find all the major issues in your home, you can decide on which problems you rather address first.

Energy Efficient Appliances

One of the best ways to reduce your bills is by moving to energy efficient products. When your refrigerator, laundry machine, AC system and water heating systems are all working efficiently, then you pay less for the same usage. These changes will affect your electric and water bills directly so you will feel the change immediately.

Clean Your AC System

Your AC system is usually your biggest expense on your electric bill. A massive use of your AC can really bump your electric bill substantially, so most households tend to turn on the AC only when there is no other option. But there’s a better way to tend this problem. By cleaning your filters and replacing them every two years, you can boost your AC efficiency by up to 15%. Another great solution is to get a portable AC system. Those tend to use less energy and give the same effect.

Windows and Doors

Windows and doors can be really tricky. Unless you bought a newly constructed house, you probably have old windows in your home. The problem with that is that they aren’t energy efficient, and getting new energy-efficient windows and doors can be really expensive. The other solution for this problem is to seal your windows by yourself. Air leaks from windows and doors change your house temperature and make your AC unit run harder. Sealing your windows and doors with silicon can be enough if you don’t want to spend on new windows.

Fix Your Roof

Roof projects tend to be underrated. They usually have higher rankings in Return On Investment, but still, people would rather change their kitchen than changing their roof. The problem with that is that changing your roof, or even just fixing it, will not only increase significantly your house value, but it will reduce your monthly bills since a fixed roof can really make your house more efficient.