Home Equity Loan (HELOC)

This is a line of credit you can establish to borrow against the equity in your home.

Personal Loans

Many institutional banks offer remodeling loans.

Government Loans

Title 1 loans are offered up to $25,000 for specific project types that are approved by the government.

Owner-Builder Loans

This type of loan is used by someone who is looking to build a spec or custom home on a property owned by a builder.

Self-Directed Retirement Account

Did you know? You can rollover 401k and IRA funds to special accounts that will allow you to build, purchase, or renovate investment properties.

Cash-Out Refinance

In this case, you would get a new mortgage for the current market price of your home and then pay of the previous mortgage. You can use this as a tool to pull cash from the equity in your home.

Credit Cards

Credit cards are recommended against because most contractors will charge an additional fee for processing on top of the higher interest rates charged by banks.