Top advice for renovations in Philadelphia

The most money and lowest monthly payment for your renovation

Borrow up to 90% of your future home value with a RenoFi Renovation Loan

WHAT IS YOUR PROJECT?

We learn from experience. Sometimes that means learning the hard way, but other times, we may be lucky enough to reap the benefits of someone else’s experience. This is one of those times.

Top home renovation blogs of 2021

The most money and lowest monthly payment for your renovation

Borrow up to 90% of your future home value with a RenoFi Renovation Loan

WHAT IS YOUR PROJECT?

Daydreaming about exposed brick, hardwood floors, and open-concept kitchen and living areas? So are we. Here are some of the blogs, publications and websites we’re checking out to stay in-the-know on home remodeling. 

Understanding your town ordinances for a remodel

In all the excitement of creating a home customized to your unique style, it’s important to remember some key rules and regulations everyone must follow. And the town ordinances will vary across every city and state, so ask yourself how well you really know your neighborhood.

Before you decide to get started on that addition on your property, you must adhere to local building codes and ordinances that determine where and what you can build, add, or change on your property to make sure there won’t be any problems with your remodel. Any big structural changes to your house will need approval within your specific home remodel permit requirements, so make sure your contractor checks with your local municipality BEFORE any work starts. First is knowing for sure where your property line is. But don’t worry; we’ve got you covered on everything you need to know.

What do I need from my contractor to apply for a RenoFi Loan?

The most money and lowest monthly payment for your renovation

Borrow up to 90% of your future home value with a RenoFi Renovation Loan

WHAT IS YOUR PROJECT?

Just like no two general contractors are exactly the same, and neither are their contracts or proposals. And at RenoFi, we’ve seen them all. 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.

What to do to prepare your home for a major remodel

The most money and lowest monthly payment for your renovation

Borrow up to 90% of your future home value with a RenoFi Renovation Loan

WHAT IS YOUR PROJECT?

While there may not be a secret to making your home renovation stress free, there are certainly ways to make it go more smoothly. One of these methods is planning your “pre-model,” essentially, your cleaning session before the renovation. 

What's the best time of year to renovate?

The most money and lowest monthly payment for your renovation

Borrow up to 90% of your future home value with a RenoFi Renovation Loan

WHAT IS YOUR PROJECT?

Barring another once-in-a-lifetime pandemic, there’s usually a standard flow to the pace of a year when it comes to renovations. 

When to start planning for your summer remodel

The most money and lowest monthly payment for your renovation

Borrow up to 90% of your future home value with a RenoFi Renovation Loan

WHAT IS YOUR PROJECT?

Summer is the most common time of year for home remodeling, and it’s pretty clear why. The weather is good, the kids are off school, and timing-wise it provides a nice buffer between the renovation and the winter holidays.

Why so many homeowners are planning home improvements in 2022

The most money and lowest monthly payment for your renovation

Borrow up to 90% of your future home value with a RenoFi Renovation Loan

WHAT IS YOUR PROJECT?

You’re here because you’re considering a home renovation. And you’re not alone. In fact, you’re now part of the majority. According to a Harvard University study, there is an expected 8.6% rise in home renovation and maintenance spending all through 2022.

Why We Launched RenoFi - How Home Renovation Loans Help Achieve Your Goals

You and your spouse have started a family and bought a home within the last few years.

You chose a family-oriented neighborhood in a town with great schools. Because of this, the house wasn’t cheap.

National Association of Realtors, US Existing Home Median Sales Price

National Association of Realtors, US Existing Home Median Sales Price

And most likely the home was pretty old, likely older than you. Don’t worry, you are not alone, in states like Pennsylvania & New York the average home is over 50 years old!

Introducing RenoFi Renovation Loans

Rob, Lee and I started RenoFi 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. Little did we know that world events would bring people’s satisfaction with their home into such sharp relief.

Today, we are announcing that we raised our Series A of $6.4M led by Brendan Dickinson of Canaan, along with participation from Comcast Ventures and First Round Capital. It’s also worth noting that Josh Kopelman of First Round Capital led our seed round, which we had not announced previously.