RenoFi

RenoFi Loans use the after renovation value instead of your home's current value, enabling you to borrow the most money at the lowest rates. RenoFi is not a lender, rather we’ve partnered with lenders who offer RenoFi Loans. These lenders leverage RenoFi's technology platform to seamlessly offer RenoFi Loans. Founded in 2018, RenoFi created the world’s first Renovation HELOC – called the RenoFi Loan. RenoFi Loans enable homeowners to borrow based on the after renovation value (ARV) which dramatically increases a homeowner’s borrowing power by 11x on average, all without having to refinance out of their existing low mortgage rate. By leveraging RenoFi’s proprietary Renovation Underwriting technology platform, RenoFi provides lending partners with a turnkey solution to offer the best renovation financing solutions in the market. Over time, RenoFi evolved into becoming the world’s first one-stop-shop for renovation finance, offering every renovation financial product available from renovation home equity loans, to unsecured home improvement loans, to land loans, construction loans and so much more. No one in the country can match the breadth and depth of the renovation solutions available to homeowners through RenoFi. To date, RenoFi has helped finance over $1 billion in renovation projects and is backed by leading investors including Fifth Wall, Progressive, Canaan, First Round Capital, and TruStage Ventures. RenoFi has a strong remote culture and is committed to building a diverse and inclusive team.