RenoFi

Not sure where to start? The RenoFi calculator is one of the best tools to help figure out your borrowing power when it comes to your homes renovation. Link in bio or calculator.renofi.com

Sometimes it just takes a few changes to make all the difference.

(3/3) trying to evaluate exactly how much value each portion of the project will add value to the property. That ARV is then used to increase your buying power - allowing you to get most, if not all, of your checklist renovations items done in one shot!

(2/3) These appraisals are quite different from “as-is” appraisals, where appraisers are just looking at the current condition of the home. With “as-completed” appraisals, appraisers are mostly focused on detailed renovation plans and their budget breakdowns, ...

(1/3) So how does RenoFi actually get your ARV to determine your loan amount? We're so glad you asked. Before applying for a renovation loan with any lender, you’ll be required to order an “as-completed” appraisal, which will determine your property’s ARV.

This home in Denver, CO is one of the most recent properties getting ready for a reno-vation. The transformation is going to be amazing. There is some unused space in the home that this RenoFi Family is going to utilize for extra square footage. Officially 🚧 Under Construction

(5/5) to 11x as much than your standard Home Equity product. Let us show you exactly how we can do that for you - at no cost to you throughout the process!

(4/5) - there are plenty of options available, even if you don’t have the equity just yet! RenoFi can match you with a lender for the best terms to meet your needs all while allowing you to keep your first mortgage at it’s incredibly low rate and getting you up

(1/5) This chart shows how much the monthly cost of a #mortgage has skyrocketed in the last year. Right now, to use a coined phrase from our favorite #HGTV show - “listing it” is going to cost much more than “loving it”.

What would you do with extra space? ⭕ Build a master suite ⭕ Space to entertain ⭕ Kids playroom ⭕ Home office ... most of these options are on RenoFi Clients lists & most of the time, we can make them all happen - in one shot! 📍Clients in Mechanicsburg, PA

We don't like to brag (... who are we kidding, yes we do!), but our lenders can offer lower fees, lower rates and more flexible terms all while working with a free to you, RenoFi Advisor all in the comfort of your home. ... sold yet?

So grateful for every one that comes to RenoFi to discuss their renovation financing options. Another 5 star review in - you could be the next!

(2/2) How to borrow to build? Typically, the best way to finance an ADU is a RenoFi Renovation Home Equity Loan, as it factors in the value of a property after the ADU is built, greatly increasing the average homeowner’s borrowing power.

(1/2) Round 3 in city based pre-approved ADUs (Accessory Dwelling Units) - San Jose, California. An ADU will add value to your home; the exact increase in value depends on the local market and the size and design of your ADU.

Some of the #RenoFi team have been meeting in Portugal this week working on some new and existing products. Today we announced our newest fixed - rate loan -- providing 100% of the funds, as much as $500,000, directly to the homeowner at the time of closing.

(2/2) ... due diligence on the contractor, reconciliation of the appraisal and monitoring of renovations in progress. RenoFi doesn’t charge any fees to homeowners and there is no obligation to obtain a RenoFi Loan.

(1/1) Let's breakdown how a RenoFi Loan works! RenoFi Loans come in several different varieties (listed above). RenoFi provides lenders with our Renovation Underwriting services. These services include a thorough review of the renovation project cost and scope,...

From the entire RenoFi Family, we wish you a happy Memorial Day. We are so thankful to those who have served our country, both past and present. #happymemorialday