If you want a home improvement loan, there are some things you need to know.

Before you choose a general contractor, ask some pointed questions. Are you licensed and registered with the state? While most states license electrical and plumbing contractors, only 36 states have some type of licensing and registration statutes affecting contractors, remodelers, and or specialty contractors. The licensing can range from simple registration to a detailed qualification process. Also, the licensing requirements in one locality may be different from the requirements in the rest of the state. Check with your local building department or consumer protection agency to find out about licensing requirements in your area. If your state has licensing laws, ask to see the contractor's license. Make sure it's current.

Explore several of the links on this page to compare different rates and fees. Only by comparing will you know a good deal when you see it.