Welcome to Hearth, your personal home improvement financing advisor.

Finding the right financing option for your project can be tough, and that's why we're excited for you to try our online advisor.

Here's how it works:

First, input your home's value and outstanding mortgage. This will let us calculate your loan-to-value (LTV) ratio, which is important to seeing which options you could qualify for.

Second, you'll learn which options you could qualify for. Here's how we figure it out:

Generally, homeowners with an LTV of more than 80% have a harder time obtaining a HELOC or a home equity loan, and are more likely to obtain a personal loan or a credit card. But if a HELOC or home equity loan is available, they often have lower rates than personal loans and credit cards.

Of course, LTV is not the only factor to keep in mind. You'll also want to consider:

  • The amount you need: Every home improvement financing option has a different minimum and maximum amount. Use the table above to determine which option can give you the amount you need for your project.

  • Your timeline: Some financing options, such as HELOCs, can take 4-6 weeks to get. You can get other options like personal loans within a week.

Want to learn more about home improvement financing options? Read our exclusive guide to home improvement loans.