Home renovation is necessary to add more functionality and comfort of the spaces inside a home. However, the completeness of the project relies on the amount of capital you have. There are few options in financing home renovations, by using your savings, utilise the equity funds built up from your existing property, or seek additional funds through a lender.

If you do intend to use funds from a loan facility, you should consult a professional for you to be guided and avoid inconveniences with your current loan in the long term. You might also consider obtaining additional capital through your existing property’s equity, by increasing your loan size and then putting all of these funds into your offset account. Hence, this allows you to save on additional interest until you incur your expenses.

Our Renovation Loans Gold Coast team has an exceptional background in helping with renovation projects. Accordingly, you can be sure that we can provide the best strategy based on your financial health and outlook.