You can save a lot of money on a home improvement loan if you will compare as many different loan packages as possible. Each package you look at increases your knowledge and experience. It makes you stronger, and better able to recognize the best deal when you find it.

That's what you should do. Now here are some things you shouldn't do:

* Agree to a home equity loan if you don't have enough money to make the monthly payments.

* Sign any document you haven't read or any document that has blank spaces to be filled in after you sign.

* Let anyone pressure you into signing any document.

* Deed your property to anyone. First consult an attorney, a knowledgeable family member, or someone else you trust.

* Agree to financing through your contractor without shopping around and comparing loan terms.

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.