Renovation loan

Need a loan renewal and you do not know how to do it for best rates?

In fact, for a renovation loan, you have two solutions. Of course you can go directly to your banker, who will direct you to the products most suited to your needs.
But before embarking on this approach, it is advisable to check that no renovation loan helped do is open because it is more advantageous.

Renovation loans help can be obtained through different agencies.
We can therefore speak of the loan Pass Works, Housing 1%, which is due to both landlords and tenants. Whatever your employment status (permanent or temporary employee, or retired within the last 5 years), you have a chance to go to work ready Pass. Pass the loan work applies to existing homes, which are the principal residence of the applicant, and the work will be performed by professionals. If all these conditions are met, a loan to renovate Pass Works will be made at a rate of 1, 5% (insurance and service fees). The maximum amount of this loan will be the renovation of 9600 euros (fontion a resource ceilings), and a repayment period of less than 10 years.

But the Pass Works Loan is not the only loan helped renovate, and if you did not qualify, you may be able to contact another agency. CAF, in particular, can issue loans to the Housing Improvement (PAH). The rate for the HAP is only 1%, but the amount borrowed, which should cover 80% of the costs can not exceed 1067.14 euros. Furthermore, CAF can deny you the loan renovation of home improvement even if you meet all the requirements, if it has already allocated its entire budget.

Finally, it should be noted that renovation loans under exceptionally interesting are made to account holders savings plans: the total amount of these loans are capped at renov ation 23 000 euros, payable on 2 to 15 years, and rate is only 3%.