16 Construction Fails That Are Unbelievable

It's harder to get a loan now than it was before the housing bubble burst, but there are still home renovation loans out there. The most common renovation loans that banks offer are:

• Refinancing, where you can use the difference for your renovation.
• A home equity line of credit, which is a second loan against your home's value.
• The 203(k), a new type of home renovation loan (see sidebar)