Financing
Financing Through BACK Construction
At BACK Construction, we understand that remodeling your home is a significant investment. That’s why we’ve partnered with some of the best local banks—Stock Yards Bank, WesBanco, and Traditional Bank—to offer you flexible financing solutions tailored to fit your budget and lifestyle. Whether you’re upgrading your kitchen, adding space, or making your home more energy-efficient, we’ll help you explore the best financing options with competitive rates.
Ready to explore financing options?
Click the buttons below to learn more about our financing partners and how they can help you get started:
FINANCING
What’s the Best Way to Finance Your Remodeling Project?
Planning a home remodel? One of the key decisions homeowners face is how to finance the project. Before diving into the exciting parts—like building a wish list and gathering design ideas—you’ll need to ask yourself some important financial questions, including: “What can we realistically afford to invest in our home?”
Every remodeling project is unique, and each client’s financial situation is different. Some clients may have significant equity in their homes, others may have a down payment ready, while some may have great credit but no available down payment. No matter your situation, sitting down with your bank or a financial advisor early on will help you explore the best financing options for your remodel.
Whole House Remodel
Where to Start
The first step is to assess your current financial position:
- How’s your credit?
- What is your home currently worth?
- How much do you owe on your mortgage?
- How much value will your project add to your home?
A lender will use your Loan-to-Value (LTV) ratio to help determine how much you can borrow, as well as your Debt-to-Income (DTI) ratio. These factors, along with others, are important to review with your financial institution to avoid moving forward with plans only to discover you don’t qualify for the type of financing you need.
