4 Reasons Why You Shouldn't Use a Personal Loan for Home Improvements
Most homeowners have better options to finance a renovation than a personal loan, but many don’t know what these are and why they’re more suitable.Oct 14, 2020
Top 15 Reasons Homeowners Can’t Qualify for a RenoFi Loan
Will your RenoFi Loan application be approved by a lender? Here’s a list of the most common reasons homeowners are unable to qualify for a RenoFi Loan, as told to us by lenders offering RenoFi Loans.Oct 7, 2020
Good News: You Don’t Have to Wait to Refinance Because You are Renovating
If you're planning a home renovation in the near future, you CAN lock-in that awesome lower rate with a new mortgage, and when you're ready to renovate, just add RenoFi's renovation home equity loan on top without another refi. Here's how RenoFi loans can help you maximize your borrowing power and your cost savings — on your own time.Jul 23, 2020
Introducing RenoFi Renovation Loans
RenoFi was started in early 2018 because of the belief that we could make a difference in millions of homeowners’ lives by empowering them to transform their homes into spaces they love with a smart and affordable financing solution. Today we are announcing that we raised our Series A of $6.4M.Jun 23, 2020
How Do Lenders Set Rates for RenoFi Loans?
Here’s a little background on the different factors that will dictate your rate for a RenoFi Loan. There are four main components that lenders will use to determine your rate.Jun 12, 2020
The 6 Dumbest Things Homeowners Do When Paying for a Renovation
You’ll have a lot of decisions to make during your home renovation—how to pay for it is probably the biggest. That’s because making an investment in a home you love right now shouldn’t end up costing you for years to come. But too often homeowners make really bad choices when it comes to financing their project, and that’s exactly what happens.Jun 11, 2020
Which Home Improvements and Renovations Really Pay Off?
No matter what the motivation for your home renovation may be, you’ll want to know that your money is well spent. RenoFi is sharing the improvements that provide the best return on investment (ROI) to increase your home's value.Apr 16, 2020
What do I Need from my Contractor to Apply for a RenoFi Loan?
Just like no two contractors are exactly the same, neither are their contracts or proposals. But in order for us to help put you on the best path to a home you love, there are a few submission requirements necessary in every contract and every proposal/detailed estimate from your contractor that you should know.Mar 29, 2020
73% of Owners are Planning Home Improvements in 2020
You’re here because you’re considering a home renovation. And that means you're part of the 73% of homeowners that say they’re planning home improvement projects in 2020 with 11% planning to spend over $25,000... So why are home renovations now a lot more popular (and a lot less intimidating) for homeowners?Mar 27, 2020
Ways to Raise Your Credit Score Quickly
If a low credit score is preventing you from getting approved for a home loan, there are a few things you can do to bring it up pretty quickly. Depending on what items on your credit report are holding you down, these are some of the fastest strategies to boost your score.Mar 27, 2020