The Home Renovation Process

  1. Define Your Goals
    Before you start making improvements to your home, it helps to have clear goals in mind. Consider if you are looking to raise the value of your home, make it more energy efficient, or want to make the home more functional to fit your needs. Prioritize a list of things you would like to accomplish during your renovation project.
  2. Budget Your Renovation
    Shop around for contractors with good reputations to get the best estimates to complete your planned project. You may also want to include a certain percentage of contingencies in your budget to cover any unexpected costs during your renovation.
  3. Apply for a Home Improvement Loan
    A home improvement loan application is much like a mortgage application. The application process can take several weeks, so plan to apply as soon as possible before you start a home improvement project.