Can You Use a Cash-Out Refinance for Home Improvements in Merrillville? When you apply for a cash-out refinance loan, you will be borrowing funds from your home’s equity. The biggest benefit to cash-out refinancing is that there aren’t any limitations when using that cash for a home improvement project. Keep in mind that you want to focus on home improvement or renovation projects that provide the best ROI or return on investment. For example, consider a kitchen remodel. Even a simple upgrade such as installing a new backsplash or putting a fresh coat of paint on the walls can add to your home’s equity and increase the overall value of your property. Another upgrade that is often overlooked and can result in a significant ROI is installing a new garage door. Plus, it adds to your home’s curb appeal as well. The bottom line is that a cash-out refinance will enable you to breathe life into your remodeling dreams or take care of those important home repairs that you’ve had to delay because you didn’t have the funds to do them. Best of all, you won’t have to blow your monthly budget or break the bank with a cash-out refinance. https://www.google.com/maps?cid=6273129859153342028