Want a home equity loan for a remodelling project or for some other reason? Here's a tip: Comparison shop. Comparing loan plans can help you get a better deal. Whether you begin your shopping by reading ads in your local newspapers, searching on the Internet, or looking in the phone book, ask lenders to explain the best loan plans they have for you. Beware of loan terms and conditions that may mean higher costs for you. Get answers to these questions and make a spreadsheet to compare loan plans. Look at several of the links on this page and compare the deals they offer. You gain new knowledge every time you compare one loan site to others.