Keep funds for home maintenance in a high yield savings account or another liquid savings account.
Homeowners who don't have enough for repairs can borrow funds through a home equity loan.
We have some tips on how much to budget for home maintenance, where to keep your money, and what to do if you don't have enough money saved up when you need it.
You'll also avoid hefty borrowing expenses if you've saved enough for home repairs when you need to make them.
There's a faster approval process than with a home equity loan, and your home isn't at risk.