At California Foundation Works we understand that some home and foundation repairs may be very costly so we have made sure to be able to offer you payment and finance options.
While certain repairs do seem very expensive, they might be more affordable than they seem with appropriate financing. With the right payment options, we can find a solution that works best for you and your budget.
Ask your inspector for more details about financing options, so you can repair your home without wiping out your savings or burning a hole in your pocket.
Working hand-in-hand with Admirals Bank, CFW can offer you payment options that fit your needs. There are a variety of options available and we can help you find the best one for you.
There are other options available as well. You may want to consider a personal loan or bank loan, a home equity loan, a loan from your credit union or insurance company, or a loan from your savings and loan institution. While we may be able to assist you in obtaining financing, it is important that you investigate for yourself the amounts, interest rates, terms, and tax consequences of each choice.
Federal Housing Administration (FHA) loans may also be available through certain banks and other lending institutions. However, the FHA requires the lender to approve any contractor arranging for this type of loan. The FHA will not endorse or guarantee the work of any contractor. Be wary of any contractor who tells you they have been endorsed or approved by the FHA.
Foundation work and other home construction projects may be covered by your insurance policy. We recommend you consult with your insurance carrier or agent to determine the extent of coverage, if any, before signing any contract.