Much like a HELOC or house equity loan, you can refinance for up to 80% of the equity in your home. Lower interest rates than personal loans, HELOCs, or home equity loansFunds can be used on-demandRequires house equityComes with closing expenses that are 2% to 5% of the overall loan amountCredit cards offer a simple path to rehab funding just buy what you require on existing charge account instead of making an application for brand-new loans or home mortgages.It does present the threat of maxing out your cards and leaving no space for other purchases. No need to get new loansSome charge card provide intro 0% APR uses for 12 to 15 monthsHigher interest rates than HELOCs, personal loans, or home loan refinancingCould leave you with no space for other purchasesOne government loan is the FHA 203( k) loan, which lets you borrow both the cost of a fixer-upper and necessary renovations, then separates the restoration funds into an escrow account for paying professionals directly.