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Financing Options*

When does financing make sense? As a homeowner, you can choose to leverage the equity in your home by refinancing your mortgage or seeking a home equity loan or a line of credit.

Mortgage refinancing has been exceptionally attractive for homeowners because of the record low interest rates over the past couple of years. Although rates have started to creep upward, they may still provide a desirable alternative to other forms of financing. Refinancing allows you to keep the convenience and consistency of a single monthly payment.

By contrast, home equity financing in the form of a home equity loan or line of credit offers a supplemental source of funding. This alternative allows you to keep your existing mortgage intact but still offering accessing your home's equity to fund your window replacement project.

Interest rates for mortgage and home equity loans are frequently lower than interest rates associated with other forms of consumer credit (think credit cards); so as a homeowner, it may be more advantageous to seek this form of financing and reduce your costs over the long run. You may also benefit from deducting interest payments from your taxes (speak with your tax consultant for full details and compliance) to save additional dollars.

At Dilworth Windows & Doors, we have formed an alliance with GE Money to assure that our clients can access the most comprehensive and affordable financing options available. Contact us to learn more.

* Financing only available to residents in the state of Illinois.