Filter by tags
Questions and Articles
18 items
Why Take Home Improvement Loan?
A:
Nowadays everyone dreams of making improvements to one living space but the monthly budget may not give the luxury of getting your plan in action. Home improvement gives you a chance to make your dreams.
... more
How do I apply to the Home Improvement Loan Program?
A:
You must live in incorporated Redwood City and be the legal owner named on the propertys title and the owners household income may not exceed the low-income limits (80% of Area Median Income) determined annually by HUD for Redwood City. Call 650-780-
... more
is a home improvement loan on a second home tax deductible?
A:
If you're renting out that house, then you can deduct the home improvement costs (including loan interest) as a business expense. If it's just a second house for you, then no. The tax deductions only apply to your primary residence. You can shuffle m
... more
What types of projects qualify for a GoGreen Mortgage, Home Equity or Home Improvement Loan?
A:
To qualify for a GoGreen Loan, your project must be classified as 25% "green". Examples include: Solar panels, wind power, hydro power, alternative energy projects, green construction materials and geothermal heating. If your environmentally-friendly
... more
What home improvement projects can I finance with the low interest loan program?
A:
AThe regular loan program finances Insulation, duct sealing and insulation, water heaters, furnaces, heat pumps, wood stove, and wood pellet stoves. The home performance with energy star loan program finances air conditioners, home performance specia
... more
Where can I get information about a low interest home improvement loan?
A:
The Community Planning Division maintains housing information for review which have been provided by the Pinellas County Community Development Department, Affordable Housing Corporation of Pinellas County, and the Pinellas County Housing Finance Auth
... more
WHAT IS A HOME IMPROVEMENT /HOME EXTENSION LOAN ?
A:
A home improvement loan is one that is made available to do external works like structural repairs, waterproofing or internal work like tiling and flooring, plumbing, electrical work, painting, etc. A extension loan is one which helps you to meet the
... more
When is an equity line of credit preferable to a home improvement loan?
A:
For most people a home improvement loan works better than an equity line of credit because everything is broken down evenly, and they know what to expect in monthly payments. However, if you are doing home improvements yourself, an equity line of cre
... more
What is the annual interest rate of the Home Improvement Loan Account?
A:
The Home Improvement Loan Account offers a competitive fixed rate of 9.99% to 18.99%on credit lines and no prepayment penalties.
... more
How much credit can I secure with the Home Improvement Loan Account?
A:
The Home Improvement Loan Account offers customers generous unsecured credit lines - it was designed specifically for customers with large home improvement projects.
... more