Question to those who are experts on home loans?

[Xanthia Alysha]

I co-own a home with a family member. It is owned free and clear, no debt is on it. We are considering consolidating all of our outstanding debt and doing home improvements on the property. What is the best option from a mortgage lender? Variable? Fixed? I have an appointment with a lender coming up soon and would like to be prepared. I have done some research but would like advice from someone in the field. Thank you very much.