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Man and Woman working on a new deck

Financing a Home Renovation with a Home Equity Loan

Q: I’m doing some home renovations, and I’m not sure how to finance it all. Do I take out a loan? Should I just charge all the expenses to my credit card? There are so many options! Which one makes the most sense for my finances?

A: Whether you’re gutting your entire kitchen or only springing for a fresh coat of paint and new fixtures, we’ve got you covered. As a member of TEG Federal Credit Union, you have several options when it comes to funding a home renovation. You can open a HELOC, or a Home Equity Line of …

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