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Want to know what income it will take to buy a median priced home in each of the 50 largest metro areas?

Finding a Home Improvement Loan

HSH.com

Q: I'm looking for a fixed rate 10-15 year home improvement loan of $45,000. My credit score is 730. What rates are out there?

A: Not all mortgage lenders still write true "home improvement" loans, where money for repairs and upgrades is provided based upon the value of the home after the work is completed. More likely, and if you have equity, you'll be steered toward a Home Equity Loan, or a Home Equity Line of credit which allows you to "break off" portions into fixed-rate, fixed-term chunks. For traditional fixed-rate Home Equity Loans, average interest rates are running just above 7% at the moment.

More help from HSH.com

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    Here’s how much salary you would need to earn in order to afford the median-priced home in your metro area.
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