Skip Schenker was a licensed contractor prior to getting into the mortgage industry in 1991. When he did his first renovation loan in 1994 he experienced first hand the positive impact renovation loans had on familes purchasing older or distressed homes. Since 1999 Skip has educated thousands of real esate agents and asset managers from default industry about the power of renovation financing. He has personally remodeled homes for his primary residence as well as investment properties. Owning real estate is one of the best ways to acheive financial freedom and Skip helps his clients create homes where they can thrive and generate passive income for a secure future. Skip is passionate about helping families transform their homes and THRIVE!
RenoFi Renovation Loans unlock the power of your home’s future value so you can:
Finance the addition of an Accessory Dwelling Unit with RenoFi and enjoy:
ADUs can significantly increase the value of a property by adding usable square footage and expanding living spaces.
ADUs offer flexible options for homeowners, whether they’re looking to:
Renovation Loans | Standard Cashout Refi | Standard Home Equity Loan | Construction Loan | |
Loan based on the after renovation value | ||||
Borrow up to 90% after renovation value | ||||
No refinancing options available | ||||
Inspections and draws not required |
RenoFi matches homeowners to the best financing product for their project.
Terms up to 20 years. Rates are based on the after renovation value.
Have a great rate locked in on your first mortgage? No problem!
Once approved, homeowners receive 100% of cash up front. No draws, no inspections.