You can make the home improvement projects that you need and want effortless and easy with low-interest financing. Even six months same as cash offers!
That means that you can bring beautiful daylight into those hard-to-reach rooms like your kitchens, dark bathrooms, and hallways, so you can see your home in literally a new light! With the right financing package, you can finally add proper ventilation to your home’s attic so that you can start to save money on your energy bills. Your attic is no longer so scorching hot that your Christmas candles melt without you striking the flame and your AC system goes on strike, costing you thousands to repair, and leaving you stranded in the middle of the summer! You can vacuum out all that toxic, mold-filled, rotting, allergy-causing insulation in your attic and lay that beautiful fluffy insulating insulation that you and your home deserve!
Financing packages offered through Houston Daylighting are designed to handle your mid-sized projects. The goal is to keep costs down so low for you that you can quickly replace expensive credit cards. All while bringing your efficiency-based attic ventilation and insulation project costs more in line with savings on your energy bills so your projects are break-even cost-wise and then quickly generate savings for the life of your home thereafter!
Steps to Financing
Financing & Investment In Your Home
Choosing the right form of financing for your Houston Daylighting daylighting, ventilation and insulation home improvement project can realize your goals at the least cost to you. The right option for you will depend on your goals, budget and financial situation. Investments in your home’s equity with beautiful skylights so you can see your home in all its colorful glory and adequate ventilation that protects your roof and insulation from damage while saving you money by reducing how much you pay for cooling and heating fees. Investing in modern energy-efficient lighting and ventilation can also save you money in the long run, as well as make your life more comfortable and convenient.
The need for borrowing money has become more apparent in the current economic climate. As wages and salaries stagnate, consumers are increasingly turning to borrowing for essential home improvement projects, car repairs, medical bills and more. In your case, Houston Daylighting‘s in-house financing funds for projects may be much more affordable than credit cards. In particular, older homes over the same period can often trade scorching summer electric bills for much lower financing options.
Consult with your Houston Daylighting lending specialist. Lending specialists can help you understand the financial implications of a daylighting project, assist in determining eligibility for various financing options and recommend the best financing package to meet your specific needs. The lending specialist will also work with you and other parties involved to ensure that all documents are complete and accurate so that the loan process runs as smoothly and expeditiously as possible.
For those looking to finance their daylighting project, Houston Daylighting has established relationships with reputable lenders operating throughout the Houston area. We are ready and willing to work with lenders to satisfy the package you choose. Keeping your needs in mind, Houston Daylighting has also carefully selected a few excellent offers with competitive fixed or ZERO interest rates. Our lending partners can provide assistance in arranging fixed-term loans, six months same as cash, and other financing solutions tailored to your specific needs.
Credit risk can be an issue for some customers. This becomes a larger problem with customers who are unable to pay back their loans or credit card debt. Banks and other lenders must take into account the risk of default before extending a loan or line of credit. To help reduce this risk, lenders often check the customer’s credit score and report, as well as review any other financial information that may be required.
That is why Houston Daylighting offers options for low rates and six months same as cash as an alternative to expensive high-interest rate credit cards.
Your personal finances and protecting your financial information are of the utmost importance to all of our employees and staff at Houston Daylighting. That is why we only work with the most professional financial specialists who work securely to process and fund your home improvement loan.
Financial resources available to you through our licensed and qualified lenders include:
- Fixed-term loans
- Six months same as cash
- Unsecured and secured lines of credit
- Zero-interest financing options
Houston Daylighting is here to help you find the right financial solution so that your renovation project can be achieved affordably.
Six Months Same As Cash
The primary no-interest loan offer available through Houston Daylighting is our ‘six months, same as cash’ offer. This offer provides you with six months of no interest payments, allowing you to pay off your project without the burden of a high rate. With this offer, you pay a small processing fee upfront and then make payments for six months in order to satisfy the loan balance.
If you have paid off your loan balance within the six month period, you will not be charged any interest. However, if the loan has not been paid in full after six months, the loan will typically begin charging interest from the original date of the loan at a fixed rate.
Lower Interest Rate Loans for 12 to 72 Months
These small bank loans carry competitive rates. The bank loan is typically 7.9% for those who qualify. Borrowers can use this loan to cover the cost of needed ventilation projects while balancing savings against the costs of the purchase. The repayment terms range from 12 to 72 months and there are typically no early repayment fees, but financial agreements vary. In addition, payments can be made electronically or through automatic deduction from your paycheck or bank account. This allows for added convenience when it comes to making payments during the loan term, avoiding late fees and other issues.
How much interest is specified in your agreement. The annual percentage rate on these fixed-rate loans for those who qualify is 7.9%. That is much lower than the normal extreme rates on credit cards that often exceed 20%.
Financing Origination Fee
Origination fees on these personal loans are determined by the loan terms and the lender. Typically, origination fees range from 1-8% of the loan amount and are deducted from the total loan proceeds prior to disbursement. This fee covers expenses associated with processing a loan application and other administrative costs. There is not typically a pre-payment penalty. However, the loan term for the low-rate home improvement loan may vary. So on both, please protect yourself and check your individual terms of service with your lending specialist.
Personal Loans & Funding
Your loan amount is based on the daylighting, ventilation, or insulation project that you wish to undertake. Personal loans can be a great solution for those who need to finance smaller projects. We offer competitive rates and flexible repayment terms so you can find the right loan structure that works best for your specific needs.
Your loan term and payment amount will be determined based on the loan product you select. Typically, short-term loans come with higher monthly repayments. Longer-term loans typically have lower payments over that longer term. Your terms are fairly standard across Houston Daylighting’s loan products and will be determined by the funds required, your chosen lender, late fees and a lower interest rate.
Interest rates are a huge driver of total monthly payments. By taking the time to shop around for a good rate, you can potentially save thousands of dollars over the life of the loan. Additionally, you should assess long-term financial goals and objectives when it comes to selecting terms. A shorter-term loan may have lower interest rates but will usually require higher monthly payments; however, this will result in the loan being completely paid off sooner. A longer-term may have higher interest rates, but it will also have lower monthly payments which can free up your cash flow so you have more money for other financial goals or investments.
It takes much longer to repay daylighting and ventilation purchases on credit cards. When financing through a credit card, you will need to manage risk by paying and your potential benefits from any points or rewards that your card offers. The main risks that you face with credit cards are that they can get out of hand.
Financing operations with longer personal loans can finance an investment purchase while preserving your income. If you want to invest in valuable services that develop your home and make your home ownership more pleasant with daylighting, or offer the advantage of huge savings elsewhere thanks to ventilation and insulation.
Talk to your accountant or tax professional because sometimes the interest, home improvements and solar tax credits are tax deductible!
Interest Rates Savings
It is crucial to remember that when we decide to make a purchase with financed money the most relevant driver of cost and payment is the total amount of interest. The whole intent is to trade more expensive money from credit cards for the development of more reasonable funding options. Uncertainty is the largest cost driver in these debts.
Personal loan repayment periods vary based on your chosen financing terms, how much you pay, your origination fee, equity and credit score. Take good advice from your lender. Do your research to pick the right repayment options. Once you establish your arrangements and determine payment methods, it is best to stick with them. If you need to pay early then position yourself so your payment cycle benefits you financially.
Investing In Value
When you finance value for your home, home improvements that make the interior of your home more beautiful or efficiency assets that end up paying you based on savings in your energy bill and other assets in your home like your roof. You are creating a return on investment that will not just benefit you now but can serve as an asset to future owners of the property. As a result, it is important to apply for the right loan terms so that you maximize your returns with reasonable repayment. When considering your home, make sure to consider all factors.