Remodeling Loan – Albemarle, NC

As the housing market begins to recover, so does the remodeling landscape. In fact, remodeling sales jumped 10% in 2013 and nearly half of remodelers surveyed expected similar growth in 2014 according to Realtor.com. But few people are setting out on these remodeling journeys alone. First Bank in Albemarle, NC can serve as a key member of your team by providing you with a remodeling loan for your home or business.

Remodeling Loans for Business or Personal Use

First Bank’s remodeling loans for home use come in many forms so our Albemarle, NC, customers are sure to find one to suit their needs.

  • A home equity loan comes with a fixed interest rate that may be tax deductible and is secured by the equity in your home.
  • While a home equity loan provides a lump sum of cash, a home equity line of credit allows you to borrow and repay regularly so you can complete your remodeling project at your own pace.
  • First Line is our personal credit line that gives you instant borrowing power.
  • Sometimes a remodeling job ends up costing a little more than you anticipated and you can cover the difference with the First Bank Platinum credit card.*

If you’re looking to finance a remodeling project for your place of business, First Bank can do that too.

  • Our construction loans are perfect for remodeling, expansion or other commercial construction projects.
  • A business line of credit allows you to borrow and repay to slowly finance a long-term remodeling job.
  • First Bank’s Business World Credit Card With Rewards lets you cover those small, additional costs associated with remodeling projects.

Visit First Bank Today

Swing by the Albemarle, NC, First Bank branches on East Main Street and Highway 52 North to learn more about a remodeling loan.


*See our Terms and Conditions for complete details on our One Rewards Program. Free ATM network includes First Bank, CashPoints® and MoneyPass® terminals. Out of network terminal owners may charge a service fee. Loans subject to credit approval.

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Sources:

Realtor: http://www.realtor.com/news/2013-real-estate-review/2014-remodeling-trends#.UrlodmRDvp8