Mon - Fri : 9:00 AM to 6:00 PM

529 Wilson Avenue Toronto, ON M3H 1V1

Home >  Blog >  Should You Use a Line of Credit or Renegotiate Your Mortgage to Pay for a Reno?

Should You Use a Line of Credit or Renegotiate Your Mortgage to Pay for a Reno?

Posted by Sherwood Mortgage Group on 19 October 2018
Should You Use a Line of Credit or Renegotiate Your Mortgage to Pay for a Reno?

While a home renovation invariably increases the value of your home, undergoing one is an expensive process. While a home equity line of credit can bankroll a renovation at a lower rate than a regular line of credit, The Globe and Mail's Kira Vermond says that refinancing your mortgage could ultimately cost less.

Learn more by reading the full article on theglobeandmail.com.

Author: Sherwood Mortgage Group
Tags: News