Am I better off with a mortgage or a home improvement loan?

loriajuarez · #1 (**permalink**) 04-08-2011, 02:57 PM

I will be purchasing a new home that needs a little work. The sale of my apartment will just cover the purchase price on the new property. If I will need some funds available to spruce up the new place (around $30,000), would I be better off taking out a small mortgage or getting a home improvement loan ? I have good credit.

Thank you.

Eveleen · #2 (**permalink**) 01-31-2012, 08:00 AM

I think before going to have these loans one needs to have good knowledge about these conforming loan rates.

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