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Can a home improvement loan be used to buy home furnishings?

April 26, 2017buy Estate financing furnishings Home home improvement loan mortgages Used

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Can a home improvement loan be used to buy home furnishings?

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A home IMPROVEMENT loan generally has guidelines as to what is permitted and what is not. In almost all cases, a home improvement loan must be used for the improvement on a home, either through reconstruction, remodeling or increasing the value with updating. If you need debt consolidation, home furnishings, extra cash for private use, a home EQUITY loan is what you would want to look into. When applying for a home improvement loan, most lenders must report on the work done. Talk to various reputable lenders about your specific needs before signing any loan documents.