 TITLE: How Do I Qualify for an FHA Home Improvement Loan? CONTENT: Other Options for Home Improvement\n----------------------------------\nWhile FHA Home Improvement Loans have advantages, there are plenty of other options to obtain money for home improvement purposes, including:\n*   Home equity loan or home equity line of credit (HELOC)\n*   Cash-out refinance\n*   Personal loans\n*   Credit cards\nEach option has varying credit and equity requirements, plus their own benefits and drawbacks. For example, secured options such as a HELOC or home equity loan may be easier to qualify for and have more favorable rates than an unsecured loan. However, you must have equity in your home to be approved.\nThe amount you need to borrow and the timeline in which you can pay back the funds can also dictate the best financing option. If you are looking for a large amount that you hope to pay back over several years, for example, a credit card likely will not be your best option due the high interest costs you'll pay over time. Make sure to carefully research and compare your options. END