Getting a Home Improvement Loan?

What are my options for borrowing some money for home renovations?

Public Comments

1. I think it is bit tough whereas approach any bank
2. You can either do an equity line of credit or refinance with using equity of your home. The only reason I do not like home equity lines is because they are normally at par rate which is high and a customer of mine recentlly paid 10,000 to his home equity and only had actually paid off $500......if you want a free quote call me @ 1-800-220-7900 ext260 and my name is Tiffany
3. You can try person to person lending sites like Prosper.com which allows you to borrow money from investors who bid for your loan. At this site you will receive lower interest rates than you would with a bank or credit card and your interest is based on your credit score. It's safe, legit and saves money http://www.prosper.com/join/TheFinanceGirl
4. You can either get a home equity loan or line of credit. You can get them from banks or online - its best to compare rates at a site like http://homeequity-linecredit.com/ and then pick the best value. Banks will generally offer the best rates; but other companies are more accepting of imperfect credit.