1. Start with an approved home equity line
   account from a lending institution.
   
   
2. Transfer an advance from your equity line account
   to your pre-paid credit card dedicated exclusively for home remodeling (best use for budget control and fraud protection)
   
   see how the pre-paid card can be used for remodeling
   
   
3. Use your pre-paid card to:
   
   

   ·	pay contractors
   ·	buy supplies
   ·	place an advance on your renovation project
   ·	pick up that new bedroom suite
   ·	use it like a money account for any other emergency; i.e., school education, debt consolidation, etc.
   ·	your pre-paid card is accepted at any merchant that accepts credit cards
   ·	you can fund your pre-paid card with your equity line account or any other deposit
   ·	use your pre-paid card to budget your home remodeling cash expenses
   ·	protect yourself from accumulating too much debt

   
   
   
4. Use your line of credit whenever you need funds
   your line of credit remains open whenever you need to advance yourself funds. When you are finished with your home remodeling project, you can simply convert the credit line over to a banker credit line to payoff the remodeling project.
   

Now What are the Benefits:

1. You can budget your spending amounts
   by advancing to the card a budgeted amount. This will help control your spending.
   
   
2. By using pre-paid, you can pay as little as $1
   use can use your card at participating merchants just like a credit card. No need for writing checks for small purchase amounts.
   
   
3. You can use the pre-paid card
   at participating merchants without exposing your equity line account to potential fraud and misuse.
   
   

Are you planning to renovate your kitchen? Or perhaps you are thinking of building a new patio or deck?

Home renovation costs can add up. You may need to finance the project. But how?

You could borrow the entire amount at once with a home improvement loan. That means using a portion of the money to pay the contractor's first installment, and then tucking away the remaining amount until the project is finished.

One problem. The amount you tuck away is costing you money. Another problem is estimating the amount to borrow.

What if the cost of the project goes up? Or you decide to add some extra features? Going back to the bank to borrow more money can add to your total financing cost.

There is a better solution.

Use your home equity line of credit to finance the project. Borrow the exact amount you need (up to your available credit line limit), as many times as you need — whenever you need — without incurring access charges and loan processing fees.

Pay the builder once, and then again throughout the project by simply writing the amount you need using your equity line access checks.

And if you find that you need more money for the extra features, no problem. You can borrow again up to your available credit line without speaking to the bank.

You will only pay interest on the amount you borrow, which is much lower than many other credit arrangements. And the interest you pay may be tax deductible — additional cost savings. See your tax advisor for information.

You can set your own repayment schedule by paying the minimum payment each month or by paying a little extra. It's your choice.

Using your home equity line of credit as a "Home Renovator"

gives you total flexibility and control . . . cash as you need it, when you need it.  

Apply now for your personal "Home Renovator" Home Equity Line of Credit

Additional Sources:

• Home Remodeling Center / Checklist:
  www.LetsRenovate.com
  
• Using Pre-paid Cards to Manage Home Remodeling:
  see example of pre-paid card use

You will certainly enjoy a more beautiful home when you extend your kitchen or landscape your yard.

Question is, will making these added improvement increase the value of your home?

That depends upon many factors such as the type of renovation and the region where you live.

As a guide, home renovations that can add value include:

• improving the kitchen
• adding or remodeling the bathroom
• adding a sun room
• adding a family room on the main floor
• expanding the master bedroom with bath and/or walk-in closet

Whether these improvements increase the value of your home or not, one thing is for certain: you will enjoy the added space, the improved look, and watching as your dreams become reality.

So how would you like to:

• make your kitchen bigger?
• spruce up your bathroom?
• extend or add a room?
• replace your windows?
• add a garage?
• paint your walls?
• attach flower boxes to your outside windows?
  
  visit our Home Remodeling Center for answers and ideas

How should you finance your home improvement?

Use your Home Equity Line of Credit to advance yourself money instantly to buy materials, pay a contractor, or pay off existing home improvement or other debt.

You select your repayment terms: minimum amount required or an extra amount to payoff your account balance quickly. You decide.

You will pay interest only on the funds that you borrow, which interest rate is much lower than many other financing arrangements. And the interest you pay may be tax deductible — additional cost savings. See your tax advisor for information. Want to see how much you might save?

Now that's smart financial management!

Apply now for your personal "Home Renovator" Home Equity Line of Credit

Additional Sources:

• Check the value of homes in your neighborhood:
  visit the home valuation page
  
  
• Using Pre-paid Cards to Manage Home Remodeling:
  see example of pre-paid card use

Times can be tough, especially when you're hit with unexpected expenses:

• the kids need new clothes
• the medical insurance covers only 80%
• the summer utilities are a little higher than normal
• your vacation bills are coming due
• you list: ____________________ .

You don't want to dip into your hard earned savings or investments, but the monthly check simply won't cover all of your expenses NOW due.

Access your Home Equity Line account and transfer the amount you need into your your bank money account.

Use the money account to payoff bills, advance your child some cash, or buy the necessary school supplies using the account's access card.

The interest charges on your home equity line are much lower than most bank loans or cash advances from credit cards.

You will only pay interest on the amount you borrow, not the total amount of your line. And the interest you pay on your home equity line qualifies for tax deductibility — additional cost savings. See your tax advisor for information.

The "Home Renovator" gives you total flexibility and control over your equity . . . cash as you need it, when you need it.

Apply now for your personal "Home Renovator" Home Equity Line of Credit

Additional Sources:

• Ohio State University Extension:
  Managing Your Money (6 courses)
  http://ohioline.osu.edu/mym/index.html
  
  
• Using Pre-paid Cards to Manage Spending Needs:
  see example of pre-paid card use