As we spend more time at home, it is important to keep our living spaces fresh and inviting.\u00a0 Your home should be a welcoming space, not just for guests, but especially for you.\u00a0 Simple DIY projects can help with this, and we\u2019ve got some of the latest trends to help you update your home. You may also be considering major home renovations to your home.\u00a0 We can help with those too!\u00a0 Read on for some DIY tips and our solution for financing your next home renovation project.<\/p>\n
70\u2019s Inspired Color and Design<\/strong><\/p>\n Avocado, amber and other vibrant earth tones, along with wood paneling and shag carpets are finding their way back into home d\u00e9cor.\u00a0 Easy-to-implement DIY projects can be as simple as painting, new carpet or paneling a wall.\u00a0 According to Malka Helft of Think Chic Interiors, we will be seeing more of the 70\u2019s:<\/p>\n “Seventies decor and colors are back. We will be seeing more terracotta, sage and mustard colors as well as mid-century furniture trademarks \u2014 peg legs on cabinets and tables, teak wood tones and highly textured fabrics.”<\/p>\n Bigger home renovations may require larger purchases or hiring a contractor.\u00a0 Paneling an entire room, new furniture or remodeling an outdoor space to the 70s minimalist design are probably more than DIY projects.\u00a0 \u00a0To see entire houses with 70\u2019s inspired ideas, check out this video from Mansion Global<\/a>!<\/p>\n Accent with an Element <\/strong><\/p>\n This year\u2019s trend of copper accents for the home can range from a simple light fixture to furniture and beyond.\u00a0 Copper tones will add a warm glow to your home, whether you use it in DIY projects such as replacing doorknobs and adding a copper teapot on the stove or hiring a contractor for a complete kitchen renovation or bathroom renovation.\u00a0 Find lots of DIY ideas for adding copper to your home here<\/strong><\/a>.<\/p>\n Copper is an eco-friendly, natural, and recyclable resource, and as environmental impact concerns increase, the use of copper as sink, tub and even countertop material has become more common.\u00a0 Major home renovations such as entire kitchens or bathrooms may be best left to a contractor who is familiar working with these materials.<\/p>\n Biophilic Design Grows Bigger and Bolder<\/strong><\/p>\n Biophilic design, another trend for this year, means incorporating nature into your home. Think plants, plants, and more plants in 2022!\u00a0 Beginning in 2020, we saw people began to integrate more indoor plants into their d\u00e9cor.\u00a0 This trend has continued and is now growing to include more varieties and larger plants which almost take over a living space, even incorporating biophilic living into the design of a home.\u00a0 Click here to see how you can transform your indoor space into an outdoor oasis with the simple addition of plants.<\/a><\/p>\n If you are looking to do a large biophilic design project, such as a live plant wall, increasing the size of your windows, or adding a skylight, it is probably best to hire a professional.\u00a0 While adding potted plants is a simple solution for biophilic living, changing the structure of your home is not.\u00a0 A licensed contractor should be involved whenever structural changes are being considered in a large home renovation project.<\/p>\n Financing Your Renovations<\/strong><\/p>\n Whether you are looking to complete your own DIY projects, or if you have bigger plans for your home, we are here to help! A 203K Renovation Loan offers you the opportunity to dream big and create the home renovation you have always wanted!<\/p>\n What is the 203K Loan?<\/strong><\/p>\n FHA 203(k) renovation loans are part of the larger Federal Housing Administration (FHA) mortgage program. They\u2019re federally backed and designed to help borrowers who would benefit from flexible credit and debt-to-income ratio requirements.<\/p>\n While the application of the funds you receive are wide-ranging, there are some requirements you\u2019ll want to consider with FHA 203(k) loans:<\/p>\n There are two kinds of FHA 203(k) renovation loans: The limited \u2013 formerly known as the streamline 203(k) \u2013 and the standard.<\/p>\n FHA 203(k) limited:<\/strong> As the name may suggest, this loan caps its funding at $35,000 and will help fund cosmetic changes. You can think of these changes as ones that can be made while you\u2019re still living at home. For example, you can fund new carpeting, a fresh coat of paint, or appliance purchase and installation.<\/p>\n FHA 203(k) standard:<\/strong> These loans fund major home renovations or structural changes that cost at least $5,000. The cap varies depending on the community, but you can replace, construct, or demolish different parts of your home with this loan option. With this home renovation loan, you can think big. Examples of projects you can take on include:<\/p>\n\n