When hiring a contractor for their home renovations, not every homeowner understands how much quality services and materials can cost, leaving them scrambling for funding. Financing allows your dream project to be within reach, without compromises — and will empower you to make decisions that will increase the value of largest investment-your home.
Homeowners use financing for home improvement for several reasons, including:
Cost
Home improvement projects can be expensive, and many homeowners may not have the cash readily on hand to pay for the project in full. Financing allows homeowners to spread the cost of the project over time, making it more manageable.
Increase home value
Many home improvement projects can increase the value of a home. Financing these projects can be a wise investment, as the increase in home value may outweigh the cost of the financing.
Urgency
Some home improvement projects may be urgent and need to be completed quickly, such as fixing a leak in your plumbing system or replacing a malfunctioning heating and air conditioning unit. Financing can help homeowners address these urgent issues without having to wait until they have saved up enough money.
Convenience
Financing can be a convenient option for homeowners who do not want to deplete their savings or liquidate investments to pay for a home improvement project.
Tax benefits
In some cases, homeowners may be able to deduct the interest paid or the entire cost of the project on their taxes, which can provide additional financial benefits.
CW Service Pros with the Wells Fargo Home Projects card provides you:
Financing offers from 0% interest terms to low interest rate revolving credit with longer payment terms. Check with your associate to help select the best option for your job.
Avoid hassle of qualification process for a home improvement loan with easy application process and almost instantaneous credit decisions.
Paperless process.
Buy today, pay over time
The Wells Fargo Home Projects credit card is issued with approved credit by Wells Fargo Bank, NA
The Wells Fargo Home Projects credit card also brings you:
Revolving line of credit that you can use over and over again
Special financing where available
Convenient monthly payments to fit your budget
Easy-to-use online account management and bill payment options
