Are you interested in getting secured home improvement loan from Comerica? If yes, then you need to understand the eligibility guidelines for the loan. The website www.comerica.com provides you with list of eligibility guidelines that will qualify you for this loan.
Remember, you can use this loan to refurbish, repair or remodel your home. The following are the eligibility that qualifies you for this loan.
In the first place, you will need to be of legal age. Your home must be of sufficient market value, and you must have a good credit score. In addition to the above, there is some documentation you have to provide to enable you get approval of your secured home improvement loan.
The documentation you provide must address the following requirement: you home improvements plans and specs, fee appraisal, proof of paid taxes, contractor information, sheet, borrower information, letter, signed by contractor and borrower, bid for contract improvement with cost breakdown, and title insurance policy.
Once you are able to fulfill these documentations, Comerica can speedily approve that secured home improvement loan you crave for.
In conclusion, secured home improvement loans from this financial institution you can borrow is between $10,000 and $100,000. However, if you reside in Texas or you are accessing your loan from this state, the fee you will get as loan could be up to $250,000.
Further information about how you can really access secured home improvement loan and other loan from Comerica, you can follow this link Comerica
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