What are builder upgrades?
The Bankrate.com financial term of the day is: "Builder Upgrades"
Do you want to settle for plain-old white laminate countertops in your new home -- or more expensive granite ones? Laminate flooring or real hardwood? The more refined features or materials may be available to you as builder upgrades. Those are higher-end options that the builder may offer for an additional charge.
Through builder upgrades, your new home can go beyond the basics.
To compare home loans, visit the Mortgage section at Bankrate.com.
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The conforming loan limit will stay at $417,000 for one-unit properties in most U.S. counties, the Federal Housing Finance Agency said Wednesday.
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