RenoFi Team

Rehab loans, fix-and-flip, or home improvement loans, help homeowners or investors buy and renovate houses under one mortgage.

Home loans offer financing for purchasing, building, or renovating a property, with the property itself serving as collateral for the lender.

Home equity lines of credit and home equity loans use the borrower’s property as collateral and usually provide better interest rates than other loan types.

Yes, you can refinance a home equity loan with a good credit score, sufficient home equity, stable income, a low debt-to-income ratio, and home ownership.

HELOCs are flexible, offering unique benefits to homeowners who need funds for home renovation projects, but they also come with risks and potential drawbacks.

A HELOC is a second mortgage that you take out on top of your first mortgage, while a cash-out refinance replaces your old loan.

2nd Mortgage vs HELOC: Are these two the same? Both allow a homeowner to borrow against the equity in their home.

Refinancing a HELOC offers a reliable solution for repaying the borrowed amount over a longer period to reduce the risk of foreclosure.

HELOC eligibility is determined by a number of factors, including home equity, credit score, and debt-to-income ratio.

Construction loan requirements include credit score, income proof, and a construction plan. Learn how RenoFi Loans offers a simpler financing option.