After RenoFi
Before RenoFi
Before RenoFi

RenoFi for Loan Officers

The world’s first Renovation HELOC based on AFTER-RENOVATED VALUE.

The perfect companion for purchases & refis.

RenoFi ARV HELOC Product

FICOMAX CLTV (Projected After Renovation)*Max Loan Amount
720+≤ 85%$500,000
680-719≤ 85%$500,000
660-679≤ 80%$150,000
640-659≤ 80%$75,000
*CLTV is calculated based on the projected ARV (After-Renovation Value) HELOC Terms: 10-Yr I/0 Draw Period, 20-Year Full Amortization Repayment **Maximum Debt Ratio: 43%, (38%/43% for FICO < 720, 43%/45% for FICO >720) Eligible States: All States, excluding TX Max CLTV of Current Value = 150% Minimum Loan Amount - $50,000

RenoFi loans grow your business

Allowing you to close more deals

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!

A 203k Alternative

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.

Increase Buyer Inventory

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..

Interested in finding out how this program will work for you?

How much more can your client borrow with RenoFi
Unfortunately, RenoFi lenders don’t offer loans for properties in Nevada right now.
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Up to a maximum of $500,000
Estimated RenoFi max loan amount $500,000
Current home value $750,000
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Remaining mortgage balance $310,000
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Expected after renovation value $920,000
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Standard home equity loan
RenoFi home equity loan
Contact us today We are here to help. Reach out for questions 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 90% can be considered by the lender on a case-by case basis.
RenoFi loans based on After-Renovation value are only for primary residences and second homes. RenoFi partners offer loans based on current value for investment properties.
There are no required inspections for RenoFi Loans.
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.