Home Improvement Loan

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Hey all,

Planning on an addition for our SFH in So. Cal. About $30k

We have 75% LTV and good credit/income.

Considering my options and need info on the following:

1. Home improvement loan vs Home equity line of credit

2. Better to apply with bank that currently holds our loan or apply at another bank.

3. Anyone do Title I FHA home improvement loan and how difficult is that process?

Any and all answers/thoughts are welcomed.

Thanks in advance!





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