The best types of loans to finance home improvements depend on factors such as your home equity, how much money you need to borrow, and your credit score.
In addition to personal loans, options include home equity loans and HELOCs, cash-out refinancing, and federal programs.

Some good options for financing are:

• A Home Equity Loan
  A home equity loan is like a traditional mortgage loan in that you’re given a lump sum all at once, based on the available equity in your home.
  A home equity loan acts as second mortgages, meaning you’ll need to make two mortgage payments each month.
  Here are links for some of the best Home Equity Loans in Florida:
  https://www.datatrac.net/rates/home%20equity/Florida
  https://www.datatrac.net/rates/home%20equity/Florida/Orlando/11347
• A HELOC – Home Equity Line Of Credit
  You can think of a HELOC a bit like a credit card, as it acts as a line of credit and you can use the money whenever you like.
  For a period of time, you’ll make interest-only payments on the amount of money you’ve actually taken out.
  Then the Repayment period will start where you’ll repay the amount borrowed plus interest for a pre-determined number of years.
  Check with your Lender for exact terms.
  Here are links for some of the best HELOC Loans in Florida:
  https://www.erate.com/florida/clearwater-home-equity-line-lenders
• A Home Improvement Loan
  Using a personal loan for some home improvement projects can be a good idea, depending on your needs and the interest rate you’re able to secure. However, lower interest rates may work out best to make the remodeling project worth the investment.
  This link provides information of some good options for Home Improvement Loans showing Loan Amounts and Terms as of early March 2020. Terms may have changed.
  https://www.investopedia.com/articles/personal-finance/121216/home-improvement-loans-what-are-your-best-options.asp
  https://loans.usnews.com/home-improvement-loans

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