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RenoFi Raises $22 Million Series B to Make Renovation Financing Work for Every Homeowner
RenoFi, the AI-enabled renovation financing platform, today announced $22 million in Series B funding led by Fifth Wall with participation from Progressive Insurance. The round brings total capital raised to $65 million and will accelerate the company's retail expansion, credit union partnerships, and AI-powered renovation underwriting engine. RenoFi has facilitated over 8,000 renovation loans and $1.5B in funded loans, and is the only lender offering home equity products based on after-renovation value.
Mar 3, 2026How To Get a Home Renovation Loan: Everything To Know
Getting a home renovation loan involves choosing the right type, checking your credit, gathering documents, applying to lenders, and finalizing with fee review.
Jun 12, 2025Home Equity Loan for Renovation: What You Need To Know
A home equity loan for renovation is based on the property value you own, calculated by subtracting your mortgage balance from the current market value.
Jun 12, 2025How Do Home Improvement Loans Work: What You Should Know
Home improvement loans provide funding for renovations, with options like personal loans, home equity loans, and renovation-specific financing.
Jun 12, 2025How Do I Get a Home Improvement Loan: What You Need To Know
Getting a home improvement loan involves exploring various funding options and completing the lender’s application process and requirements.
May 31, 2025How To Qualify for a Construction Loan: What You Must Know
To qualify for a construction loan, you need a licensed builder, a detailed project plan, strong credit, financial documents, and a sizable down payment.
May 31, 2025