Construction Loan Financing Los Angeles

March 14, 2024

Construction Loan Financing Los Angeles: Why a Construction Loan is What You Need

Opting for Construction Loan Financing in Los Angeles unlocks immediate resources for home renovations, providing a viable solution for property enhancement. This financing method typically offers competitive rates, making it an economically wise choice. Moreover, it can significantly boost property value by funding desirable upgrades. Tailored to individual financial circumstances, these loans afford flexible repayment terms, aligning with personal budgeting needs. For in-depth advice on Construction Loan Financing in Los Angeles, consulting with a financial expert or lender is recommended.

Starting Your Construction Loan Process

There comes a time when homeowners want to remodel their properties for comfort ability or even to increase resale value. The main roadblock property owners struggle with overcoming is obtaining proper financing to fund their ideas.

At Greenworks Construction, we believe every customer should have the opportunity to bring their dreams to life. This is why we offer various financing packages for our clients to choose from. There’s something for everyone – some plans require no down payment, no payments for up to 12 months and long-term repayment options up to 10 years.

Below is a quick overview of the financing companies we partner with.

Enerbank Financing Options

Greenworks can provide 100% financing for your home remodeling project through EnerBank. You can acquire unsecured loans, which means no collateral required to fund your home remodel, and no property liens to worry about. The APR rates are fixed for the life span of your loan and your money is backed by the FDIC. You can read more about EnerBank financing here.

Hero Financing Plans

If you’re planning to make energy-efficient and/or water-saving upgrades to your home, then you can apply for a loan through HERO and get approval within minutes. No more waiting weeks to determine if you’ll have the funding needed to start your kitchen, bathroom or outdoor remodel. The plans are flexible, allowing you to select the terms you want. You can also use your property taxes to make payments. You can learn more about HERO financing here.

California First Financing

Need a loan with no money down? Then California FIRST is a great choice. This company funds home remodeling projects that are focused on renovations that revolve around energy efficiency, water-saving and renewable energy. The loan terms are between five and 30 years, and is paid using your property taxes. This financing program comes with no prepayment penalty and won’t show up on your credit report. You can learn more about California FIRST financing here.

Why Go With Your Financing Option

There are only a few ways you can fund a home remodeling project, and that’s either to save money, borrow from family and friends, take out a bank loan or refinance your home. The financing packages we offer provide some of the best APR rates and flexible payment plans, compared to other financial institutions. It’s also a lot faster to obtain than allocating your own cash or applying for traditional bank loans.

If you’re looking to have your home remodeled with eco-friendliness in mind, then why not get a loan that’s tailored to your needs? Give Greenworks Construction a call to see how we can help make your home renovation a reality.