Similar to a HELOC or home equity loan, you can re-finance for up to 80% of the equity in your house. Lower interest rates than personal loans, HELOCs, or house equity loansFunds can be utilized on-demandRequires home equityComes with closing costs that are 2% to 5% of the overall loan amountCredit cards provide a simple route to rehab financing merely buy what you require on existing charge account instead of making an application for brand-new loans or home loans.It does position the risk of maxing out your cards and leaving no space for other purchases. No need to make an application for new loansSome charge card offer intro 0% APR provides for 12 to 15 monthsHigher rates of interest than HELOCs, personal loans, or home loan refinancingCould leave you with no room for other purchasesOne federal government loan is the FHA 203( k) loan, which lets you obtain both the cost of a fixer-upper and needed remodellings, then separates the restoration funds into an escrow account for paying professionals straight.