BOZARTH CONTRACTORS — DELIVERING EXCEPTIONAL SERVICE AND RESULTS SINCE 2004.
Financing Options
Making in investment in the safety, energy efficiency and aesthetics of your home is always a great idea, but the question of cost is never far from mind when it comes to renovations. If you’re looking to make improvements to your home but need some options regarding the financial portion of the project, perhaps one of these loan options would be a good fit for you and your family.
Traditional Installment Loan
A traditional installment loan is a fixed rate, fully amortizing, small dollar loan repaid in equal monthly payments or installments. Installment loans are affordable to each borrower’s monthly budget. They are “plain vanilla” loans with transparent, easy-to-understand terms, due dates and payment amounts.
Same-As-Cash Loans
A same-as-cash loan is a deferred interest lending solution where the customer owes no interest or monthly payments during a set promotional period. However, keep in mind that interest will still accrue during that promotional period. But if the customer pays off the entire principal balance before the period ends, they won’t have to pay that interest.
Zero-Interest Loans
As its name suggests, a zero-interest loan is one where only the principal balance must be repaid, provided that the borrower honors the rigid deadline by which the entire balance must be satisfied.