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RenoFi for MLOs

Introducing the
RenoFi Loan

The world’s first post-close renovation home equity loan, the perfect companion for purchases & refis.

Finally, renovation finance without the hassle!

RenoFi Loans grow your business

Allowing you to close more loans

RenoFi has been a great tool for me to close more primary mortgages. Previously when clients bought a property in need of renovation I referred them out to colleagues as I don't have 1st position renovation products. Now with RenoFi's product, I am able to offer these clients a conventional primary mortgage and refer them to RenoFi for renovation financing. It is a win for my clients and a win for me!


Mortgage America

Competing with 203ks

First mortgage renovation products such as the 203k are time consuming, costly, and challenging to close due to the extensive underwriting requirements. RenoFi, alternatively, has provided my clients with a very cost effective and more simplistic approach to finance their renovation costs. For properties that can close without the need for a 203k, I highly recommend to my clients and their realtors to consider RenoFi


Guaranteed Rate

Winning more referrals from realtor partners

The RenoFi product offering has absolutely helped me grow my business this year. Our Financial Advisors and real estate agents depend on us to offer the best possible solutions - and RenoFi fits the bill without question. It's a huge win.



More powerful than a typical HELOC or cashout-refi

Calculate how much your client can borrow

Total cost of renovation
Current mortgage balance
Current home value
Renovated home value Your best estimate will do

Contact us today

Contact our veteran team of mortgage professionals to learn more and send your clients along!


Below you’ll find answers to the questions we get asked the most about our home improvement loan.
Maximum CLTV is typically 90% of the After Renovation Value of the home. ARV CLTV up to 95% can be considered by the lender on a case-by case basis.
No - RenoFi Loans can be used to finance primary residences only. No investment properties. Vacation homes will be evaluated on a case by case basis.
There are no required inspection for RenoFi Loan
The appraisal will either be a form 1004 full review or a form 2055. It depends on the renovation size and complexity.
We select the lower of the sales price and the appraised value of the home.
Up to 20 year terms.
We can work with the client before closing to gather as many documents as possible so that as soon as they close we have all documents needed to send the application along to the credit union.
It is possible for a loan to close in 30 days.
RenoFi Loans are available in most areas and are subject to a variety of conditions including consumer credit qualification, location of subject property and terms and conditions of the proposed transaction.
RenoFi is a technology company that enables partner lenders to offer RenoFi Loans. At this time, our partners do not support compensation to MLOs. Transaction are intended to supplement the MLOs offerings to realtors and to provide options to close more deals.
We have a complete checklist that you can find here.