Financing a renovation, can often be a challenge to homeowners.  While there are different options to consider, one option, to maximize your borrowing power is RenoFi.  RenoFi has created the first home equity loan built specifically for renovations! Unlike standard home equity loans, the RenoFi loan uses the expected value of your home post-renovation to allow you to borrow the most money at the best possible rates. Their loan does not require you to refinance your first mortgage, thus offering significant savings if you have an existing low mortgage rate locked in. RenoFi partners with local and established credit unions to offer the typical 5,10,15 year lending terms. 


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