How to Get the Most From Your Home Equity Loan or HELOC

10 Ways to Make an Old Home Feel New Home Improvement Tips Because it’s a second mortgage, the interest rate will be higher than what you’d pay on your existing mortgage, but you’ll also be borrowing a smaller amount. The smaller loan will keep your closing costs and total interest charges down. Kitchens are often the main focus for many buyers, it may be the first thing they look to replace or pay more for if a property has one they like. You House & Home Improvement may not be able to afford a whole new kitchen but, for a…