So your house needs a little TLC. How much money will you need to make your home renovation needs a reality? What kind of loan would be right for you? Is a loan even the best choice?

You’ve got questions, but fortunately we have a few answers and a few options to help take your home to the next level in no time.

Home Equity Line of Credit. A Home Equity Line of Credit (HELOC) is an open credit line that is secured by your home’s value. HELOCs offer flexible terms and lower upfront costs than most other loans and are great for those engaging in some DIY work.

Home Equity Loan. A Home equity loan allows you to borrow a fixed amount of cash, which you receive in one lump sum. These are great for a complete remodel, or even if you experience a massive unforeseen expense, such as high medical bills. However, upfront fees can be high.

Credit cards. Credit cards can work for minor touch-ups, but funding bigger projects this way can leave you with steep interest payments and end up costing much more than planned. Save the plastic for the smaller projects.

Personal loans. Personal loans are short-term loans that sometimes have high interest rates and upfront fees. If life intervenes, a personal loan isn’t locked into your home and can be used for other purposes.

Do your research and talk with an Ascend loan specialist to help find the best option for your needs.