RenoFi helps homeowners finance renovations through loan options designed around the projected value of their home after improvements. Working with lending partners, the company offers renovation-specific financing and guidance to help customers identify a suitable product for their project. Its offerings include the RenoFi Renovation HELOC, which may allow eligible borrowers to access funds based on their property’s after-renovation value rather than only its current equity.

RenoFi says this approach can provide more borrowing power than a traditional home equity loan or HELOC, with financing of up to $750,000 or 90% of a home’s expected post-renovation value, subject to applicable terms. Customers can explore estimated loan amounts, rates, and payments, and choose from fixed- or variable-rate options. RenoFi also highlights the ability to keep an existing mortgage without refinancing, helping homeowners avoid replacing their current loan as part of renovation financing.

Throughout the process, the company provides support from a Loan Officer, from assessing options through the application and funding stages