convert personal loan to heloc or mortgage?

[Austin Smith]

I just had some improvements done on my home: roof, siding, hvac. It was financed with a personal loan at 9.99% with no prepayment penalty. I previously owed nothing on the home. I didn't want to start with a heloc or mortgage because of the poor condition of the home, I didn't think they would appraise it high enough. So now that the work is done, I want to take out a heloc or mortgage to pay off the personal loan. Main question is, which type of loan is more advantageous?

[Melvin List]

@Austin Smith if it is going to be a buy and hold I would go conventional. If you are going to use the money to invest in other properties then I would go the HELOC route.