Simply like a HELOC or home equity loan, you can refinance for up to 80% of the equity in your home. Lower rates of interest than individual loans, HELOCs, or house equity loansFunds can be utilized on-demandRequires house equityComes with closing expenses that are 2% to 5% of the overall loan amountCredit cards offer a simple route to rehab financing simply buy what you need on existing charge account instead of applying for brand-new loans or home loans.It does posture the risk of maxing out your cards and leaving no room for other purchases. No need to look for new loansSome credit cards offer introduction 0% APR provides for 12 to 15 monthsHigher rates of interest than HELOCs, personal loans, or home loan refinancingCould leave you without any room for other purchasesOne government loan is the FHA 203( k) loan, which lets you obtain both the cost of a fixer-upper and necessary renovations, then separates the remodelling funds into an escrow represent paying professionals directly.