Kitchen renovations are no small task. But finding the money to pay for them might be easier than you think. Not to mention, kitchen upgrades are one of the areas where you can get a good return on your investment. Homebuyers prefer homes with modern kitchens and quality features like granite countertops, custom cabinets, and Energy Star-rated appliances.

Here are several options to help you fund your new kitchen:

Personal financing options:

• Home equity loan
• Personal loan
• Cash out refinance
• Credit cards
• Home equity line of credit

Federal programs:

• FHA Title 1 loan: Fixed-interest unsecured loan up to $7,500.
• Rural Home Improvement and Repair loan or grant: Maximum loan of $20,000 and up to $7,500 in grant funds.
• Native American Programs: Indian Home Loan Guarantee.
• Energy efficiency loans: HUD’s Energy Efficient Mortgage Program.

Call me to learn what kitchen upgrades will give you the best return on your investment.