All money is disbursed up front, making the mortgage a good possibility for large-scale improvement projects. Home fairness loans usually have a set rate, so the amount you pay will doubtless stay at or close to the same amount each month. Home equity loans are structured extra like a conventional mortgage, with a set schedule of funds that include each principal and interest. They are essentially second mortgages and typically come when it comes to 10, 15, 20 or 30 years. Many houses in…