REMODEL

Don’t Move. Improve!

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Don’t Move. Improve!

The Lake Area Mortgage Renovation Loan provides a simple and convenient way for borrowers to finance home improvements and renovations.

• Increase your property value

• Perfect for additions or finishing basements

• Interest-only payments during renovation

• Avoid taking out a second mortgage

• Cash out refinance

• Consolidate 2nd mortgage

• Borrow against the as-improved value of the property

• Purchase and renovate a fixer-upper

• Increase your property value

• Perfect for additions or finishing basements

• Interest-only payments during renovation

• Avoid taking out a second mortgage

• Cash out refinance

• Consolidate 2nd mortgage

• Borrow against the as-improved value of the property

• Purchase and renovate a fixer-upper

COMPARE YOUR LOAN OPTIONS:

Analyze your loan options side-by-side using our loan matrix!

VIEW OUR LOAN MATRIX

© Copyright 2021 – Lake Area Mortgage, a division of Lake Area Bank – NMLS ID# 645618

1200 West County Road E, #200 | Arden Hills, MN 55112
phone: (651) 209-2900 | fax: (651) 209-2929