How do I pay for a home remodel?

One of the most important considerations for your home improvement project is financing. After all, the project will go nowhere if you can’t pay for it. Fortunately, there are several options that can provide the dollars you need. Four of the most common are a home improvement loan, a home equity line of credit, a home equity loan (second mortgage), and a cash-out refinancing of your current mortgage. However, the simplest method of financing is cash.