1. Create multi-generational housing.
One roof over a few generations often requires more space or reconfiguring what you already have. This home trend allows for grandparents to move in or creates rental space to help pay for the mortgage.
2. Separate home office.
As home became work, many people in 2020 and into 2021 needed to create a home office. And, with many jobs becoming permanently work-from-home, the desire to upgrade that space into a productive paradise continues.
3. Outdoor space.
Designing outside living space will continue to be a hot wish-list item. Somewhere to enjoy a meal on the deck, splash in the pool and most importantly, soak in sunshine.
4. Bathroom upgrades.
A big soaking tub or a new walk-in shower is topping many homeowners' renovation goals this year for rest and relaxation. Creating a spa-like experience at home.
5. Home gym.
As more people are working out at home, the trend has shifted to home gyms. New walls to carve out dedicated space, exercise equipment and flooring are just some of the home improvement trends expected to continue in 2021.
If you’re ready to take one of these trends and make it a reality, our home equity loans can help make it happen. Rates as low as 3.00% APR* make payments affordable. Visit HomeEquity.LMCU.org or call (616) 207-3240. *APR = annual percentage rate. Rate as of 3/10/21 and subject to change after account op.
*APR = annual percentage rate. Rate as of 3/10/21 and subject to change after account opening. Best rate available to well-qualified borrowers with under 80% Combined Loan to Value (CLTV). Supone el pago automático de la cuenta de cheques de LMCU. Su tasa puede ser más elevada según su CLTV específico, término y calificación crediticia. Las tasas HELOC son variables y están basadas en el margen vigente en ese momento; las tasas no podrán superar el 12%. Se aplican términos, monto máximo del préstamo y otras restricciones. Loans are secured by a lien against residential property only. Acceptable collateral are 1-4 unit owner occupied and second homes. Existing liens on the property will impact the amount you qualify for. All rates are subject to approval and underwriting terms and conditions, so your rate may vary. Call or see branch for details. $5 membership required if not a member.
