Possible To Have Multiple Reno Loans?

[Ricelo99 0]

I would like to ask if any of you have tried this before:

- estimated renovation quote (from one supplier only) at $60K.

Is it possible to have 2 different banks renovation loans at $30K each?

Or is there one bank that can give a renovation loan more than the $30K limit? (Assuming 6X the salary is $60K)

What do you suggest?

[ClearValley 0]

Standard Chartered is offering my wife and I 30K reno loans separately. Not sure about having 2 banks give one person separate loans...

[retchlow 7]

I would like to ask if any of you have tried this before:

- estimated renovation quote (from one supplier only) at $60K.

Is it possible to have 2 different banks renovation loans at $30K each?

Or is there one bank that can give a renovation loan more than the $30K limit? (Assuming 6X the salary is $60K)

What do you suggest?

Yes, if you have good credit standing, you can take reno loans from 2 different banks.

[highflyer 0]

before you attempt to get any loan from bank, do ensure that you have either cleared all/most of your pending card/credit bills. Else, round them up into one loan. This will help to improve your credit standing for 2 reno loans.

[suryach78 0]

those 1/2/3 years 0% interest installment affect our credit standing? always paid credit card monthly on time and full amount but the credit limit on 2-3 credit cards almost maxed due to those 0% interest installment.

[Judii 0]

Good day. By placing the highest priority on understanding and meeting the financial needs of its customers, Truist Financial has gained widespread popularity among users. Unlike many other banks, Truist Financial strives to build meaningful relationships rather than focusing solely on transactional interactions. The bank achieves this by focusing on personalized service, and anyone who uses truist financial customer service can be confident that they will receive the best financial services they need.