Texas Cash Back Real Estate  About Us   -   Contact Us   -   Featured Listings   -   All Listings Sell a Home & Buy a New
Construction and save up to 3%

Sell a Home & Buy a Pre-Owned
Home and save up to 2%

Rent or Lease an Apartment
and get up to $500 Rebate

Buy a New Construction Home
in Texas & Save up to 2%
Sell a Home in the Houston
Area & Save up to 1%
Buy a Pre-Owned Home in the
Houston Area & save up to 1%
 
Rebate Package Details
Search for Homes
Featured Listings
Pre-Qualify Me
My Home Finder
Home Buyer Guide and Tips
Home Buyer Check List
Home Buying Power
Applying for a Loan
Loan Application Checklist
Getting Approved for a Loan
Affordable Housing Finder
Loan Programs
Shopping for a Mortgage
Locking in Interest Rates
Your Credit Score
Mortgage Saving Tips
Mortgage Glossary
Making the Offer
The Inspections
The Down Payment
The Closing Costs
Insurance Costs
Real Estate Taxes
Going to Closing
Real Estate Glossary
Consumer Tools
    Subdivision Price Finder
    School Finder
    Golf Course Finder
    Senior Living Finder
    Consumer Market Report
    MLS Monthly Press Release
    Real Estate Dictionary
    Calculators
    Calculadoras (En Español)
Checklists and Worksheets
    Getting a Mortgage Checklist
    Loan Interview Materials Checklist
    Making an Offer Checklist
    Available Funds Worksheet
    Closing Costs Worksheet
    Gross Income Worksheet
    Home Visits Worksheet
    Housing Wants and Needs Worksheet
    Monthly Debt Worksheet
Mortgage Products and Lender Info
    Adjustable-Rate Mortgages
    Balloon Mortgages
    Biweekly Mortgages
    Fannie 3/2®
    Fannie 97®
    Fannie Mae's Community
    Home Buyer's Program™
    Expanded Approval™ for
    Timely Payment Rewards®
    Fixed-Rate Mortgages
    HomeStyle® Renovation Mortgage
    InterestFirst™ Fixed-Period
    Adjustable Rate Mortgages
    InterestFirst™ Fixed-Rate Mortgages
    Low Down Payment Mortgages:
    Flexible 97® and Flexible 100™
    Native American Housing Loans
    Reverse Mortgages:
    Home Equity Conversion Mortgage
    Reverse Mortgages:
    Home Keeper for Home Purchase
    Reverse Mortgages:
    Home Keeper Mortgage
    Rural Housing Loans
    Reverse Mortgage
    About Reverse Mortgages
    Assessing Your Financial Needs & Goals
    Living With Your Reverse Mortgage
   
Refinancing
    Finding the Best Refinancing Deal for You
    Points and Refinancing
    Refinancing Eligibility and Requirements
    Some Good Reasons to Refinance
    The Costs Of Refinancing
Home Improvement and Remodeling
    Buying And Improving A Home
    Buying And Improving A Home
    Requirements
    Home Improvement Financing
    Improving Your Existing Home: Costs
    Improving Your Existing Home: Projects
    Investing In The Home: Energy Savings
    Selecting A Contractor:
    Sources and References
    Selecting A Contractor: The Contract
    Working With a
    Home Improvement Lender
Mortgage Calculator
Bi-Weekly Mortgage
Detailed Mortgage Qualification
How Much Can I Afford?
Monthly Payment
Pre-Payment Analysis
Pre-Payment Mortgage Reduction
Principle After Specified Years
Debt Consolidation Calculator
Rent vs. Own
Texas Community Links
FAQs
 
 Jill Aylwin Realtor Texas Cash Back Real Estate

Jill Aylwin - Real Estate Broker, Realtor, MBA
Contact Us
 Realtor MLS
    Ph: (281) 334-CASH

  Home Improvement Financing

More Americans are thinking of purchasing homes that are in need of repair and renovation, or are choosing to improve or enlarge their current homes. This trend has led to an increased need for mortgages that provide affordable home improvement financing. HomeStyle® is a suite of home improvement mortgages designed to provide affordable financing for modest to major repairs and renovations.

You can use HomeStyle mortgages to purchase and renovate a home with just one loan. You also can refinance your home with additional renovation money included in the new loan or take out a second mortgage loan for repairs or renovations.

If you've been considering a home improvement project, a HomeStyle home improvement mortgage may be right for you. What do you do first? Do you talk to a lender, look for a contractor, or start estimating the cost of the renovation?

The most common approach is to think about the improvements you want to make and why. Do you want to expand your kitchen to make it more functional? Do you want to add an addition so your family has more room? Would cosmetic changes help make your house more marketable when you eventually decide to sell it?

Organize a wish list of improvements and rate them from least to most important — this will help when it comes time to meet with your lender and develop a loan amount for your project.

You may want to take a step back and look at your house as it relates to others in the neighborhood. What is its value now? How would a new kitchen or room addition affect that value? Would an increase in value help you sell your home at a higher price in the future?

Improving your home can be financially beneficial. Interest paid on a first or second mortgage loan is usually tax deductible with certain limitations, unlike the interest charged on a credit card account or a personal loan. The cost of improvements may also be deducted from any profit you make when you sell your home. Homeowners should keep track of these expenses and consult a tax advisor for details on Internal Revenue Service (IRS) guidelines. HomeStyle is a registered trademark of Fannie Mae.

 

Buy a Pre-Owned Home
in the Houston Area
and save up to 1%

 

Contact Us today -- Or --
Call us anytime at (281) 334-CASH

 

 
Buy a New Construction Home
in Texas & Save up to 2%
Sell a Home in the Houston
Area & Save up to 1%
Buy a Pre-Owned Home in the
Houston Area & save up to 1%
 

Texas Cash Back Real Estate
Jill Aylwin / Real Estate Broker, Realtor, MBA
Contact Us or Call: (281) 334-CASH

 Texas Realtors        Realtor MLS


Web Site Design, submission and hosting by Uster Enterprise Inc. (713) 412-6704
E-mail Webmaster