How to get started with Renofi
- Visit their web portal
- Select the loan products to explore
Benefits:
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- Borrow against your home’s after‑renovation value (ARV), not just current equity — that means you can access up to 90% of your home’s future value for renovation financing.
- Often allows much higher loan amounts than traditional loans; RenoFi claims you can borrow on average “11 × more” than conventional options.
- Ability to pursue full‑scope renovations (not just patch jobs) without needing to refinance your existing mortgage in many cases.
- Flexible loan types: home‑equity loans, HELOCs, unsecured options — all tailored for renovation‑specific needs.
- RenoFi serves as a “concierge” advisor, matching you with local lenders who compete, helping to streamline the process and reduce hassle.
- For homeowners light on equity (recent buyers, etc.) RenoFi gives access where a conventional home‑equity loan might not.
