The Loan Options Worth Considering to Fund a Home Renovation?

Today we’re going ​to ​talk ​about ​a ​recent ​conversation ​Tim ​had ​with ​a ​client ​who ​was ​looking ​to ​borrow ​some ​money ​for ​a ​home ​renovation ​project. ​There ​were ​a ​couple ​of ​options ​ available ​to ​them, ​some ​of ​them ​pretty ​simple ​and ​some ​a ​little ​bit ​more ​in-depth. ​ Tim ​was ​surprised ​to ​learn ​that ​some ​of ​these ​things ​weren't ​as ​well-known ​as ​he ​thought ​they ​were so ​we wanted to ​share ​some ​of ​that ​information ​on ​the ​show ​to ​maybe ​get ​you ​thinking ​about ​some ​options ​that ​are available to you.Here’s what you’ll learn in this episode:🏠 Margin Loans for Renovation·      Borrow against your investment portfolio without liquidating assets·      Avoid taxes and penalties that come with selling investments💳 Securities-Backed Loans·      Lower interest rates compared to margin loans·      Use funds for non-investment purposes with less paperwork💸 Traditional Financing Options·      Personal loans, HELOCs, and cash-out refinancing·      Understand the pros and cons of each choice and their impact on your financial future🔍 Strategic Financial Planning·      How to assess your goals and plan for repayment·      Make informed decisions based on your financial situation We hope this episode provides essential tips on leveraging financing options to fund your renovation projects but reach out if you want to discuss what’s best for you.Book at Time to Chat: https://www.dyerwealthmanagement.com/start-here.html Website: https://www.dyerwealthmanagement.com/ Phone: 858-459-3937Email: [email protected] commentary on this Podcast reflects the personal opinions, viewpoints and analyses of Sage Capital Advisors, LLC DBA Dyer Wealth Management employees making such comment, and should not be regarded as a description of advisory services provided by Dyer Wealth Management or performance returns of any Dyer Wealth Management Investments client. The views reflected in the commentary are subject to change at any time without notice. The opinions expressed in this Podcast are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.Dyer Wealth Management provides advisory services through Sage Capital Advisors, LLC an SEC registered investment adviser. Advisory services are only offered to clients or prospective clients where Dyer Wealth Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Dyer Wealth Management unless a client service agreement is in place.