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Please see below question.

Posted on: 23rd Mar, 2009 02:33 pm
We inherited our family home between three adult siblings.The morgage has been paid off but the property requires extensive improvements.Can we take out a morgage on this property for the improvements and to amalgamate our debts so we have just one monthly payment? We are going to live in the property.
Kerry, if you qualify, then yes you can.
Posted on: 23rd Mar, 2009 05:43 pm
Hi kerrymaidment!

Welcome to forums!

If you have a good credit score and financial situation, it would not be difficult for you to get a home improvement loan for the property. You can start speaking to the lenders and check out the rates and terms they are offering you. You can also speak to the lenders of this community and seek a no obligation free mortgage consultation from them. This will give you an idea about the rates and terms you may receive.

Feel free to ask if you have further queries.

Sussane
Posted on: 23rd Mar, 2009 07:48 pm
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