How Schematic Design Drawings Give You The Advantage In Obtaining A Home Equity Loan

For years, I've heard countless stories from clients about how Schematic Drawings could have helped them early in the Home Equity Loan application process.

"Wow," a client lamented,"imagine how much easier it would have been to get the Home Equity Loan we wanted if we had only showed Schematic Drawings to our Loan Officer from the start! It took such a long time for our Loan Officer to figure out how simple our proposed addition was supposed to be, and how much it would increase the value of our home. Emails and letters couldn't explain it all. By the time she understood what we wanted to do, rates had gone way up, and we got half the loan we originally wanted."



 

They say a 'picture is worth a thousand words,'  and I'm sure you'd agree. Ask yourself: How much is a set of Schematic Drawings worth? Ten emails and two trips to bank? I think at least that much.

Schematic Drawings include floor plans, site plans, elevations, and sometimes sections and perspectives. They graphically describe the general layout of the walls, floors, ceilings, doors, windows, roof of a building. If these drawings could help you double, or even triple the available amount of Home Equity Loan financing you could get from your Lender - and speed up the process as well - don't you think they'd be worth at least researching?

This Blog is intended to help you: The prospective Home Equity Loan borrower  with a major addition or renovation project looming on the horizon. We aim to explain the following:

1) How Schematic Drawings can help you get the Home Equity Loan you want.

2) What Schematic Drawings show -- and what they don't show.

3) Where you can obtain affordable, high-quality Schematic Drawings.

Sincerely Yours,

Lee,

MicroSpace Design