A Loan to Fund a Bigger Renovation
Get access to 11x more borrowing power, on average.
Borrow from smaller lenders with lower interest rates.
Save hours of phone calls filtering lenders - for free.
Don’t worry, we don’t pull credit.
How RenoFi works
RenoFi Home Equity Loans
Choose between a fixed or variable rate loan*, without the need to refinance your existing mortgage.
Fixed Rate
Peace of mind of a fixed rate without the need to refinance your first mortgage.
Loan amounts of
$20,000 to $300,000
Terms
up to 20 years
Fixed rate
Rate
Up to 90% of the
AFTER renovation value
Borrowing power
Full loan amount distributed at closing
Disbursement
No need to refinance your existing mortgage
HELOC
Flexibility of drawing what you need when you need it without the need to refinance your first mortgage.
Loan amounts of
$20,000 to $500,000
up to 10 year draw phase, followed by up to 20 year amortization
Terms
Rate
Variable & Fixed rates available
Up to 90% of the
AFTER renovation value
Borrowing power
Disbursement
Line of credit, full amount available to draw at closing
No need to refinance your existing mortgage
As seen on
© 2021 Renovation Finance LLC DBA RenoFi Licensing - NMLS # 1802847
RenoFi is not a lender, rather we’ve partnered with lenders that leverage RenoFi’s technology to seamlessly provide RenoFi Loans. RenoFi operates as Renovation Technologies LLC in Nebraska.
RESOURCES
What our customers are saying about RenoFi
Excellent communication
“Do your homework, we did and I have to say I am 100% satisfied. Not only are we getting an addition we have been saving up for 5 years to start, but this allowed us to have a big increase in the value of our house and greatly improved the 1941 construction. There was excellent communication at every step and Renofi handled all of the heavy lifting for the loan procurement.”
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Wendy Williams,
PA
Very thorough
“This process was very helpful. Although a long process it was very thorough. I was confident we were sure to get a loan. Thank you RenoFi for getting us approved and our loan funded! The Armijo’s.”
E
Emily Armijo,
CA
They worked hard and got me approved
“Great experience with Renofi. After a bad experience with my personal bank I tried RenoFi who found me a great loan with a great rate. It took a little longer than I expected but at the end it was worth it They worked hard and got me approved. Thank you RenoFi!”
P
Pastor Servio Mendez,
CA
Opened up options I didn't know existed
“The RenoFi team has been great to work with - every person has been professional and well informed to help you feel comfortable with your options and choices. A renovation can be (usually is!) an intimidating and stressful process - especially the financing/borrowing. RenoFi opened up options I didn't know existed and connected us with a great lender. Thank you RenoFi team!”
D
Don B,
PA