A kitchen is one of the most important rooms in a home, and it’s also one of the most expensive to renovate. If you’re planning to buy a home or refinance your mortgage, it’s important to know what lenders consider to be a “kitchen.”
Most lenders will require that a kitchen have certain features in order to qualify for a mortgage. For example, many lenders require that a kitchen have at least two appliances: a stove and either a refrigerator or dishwasher. In addition, most kitchens must have cabinets and countertops.
If you’re planning to finance your home purchase with a mortgage, make sure you talk to your lender about what they consider to be a qualifying kitchen. With careful planning and budgeting, you can create the kitchen of your dreams – without breaking the bank.