RenoFi
-
2400 Market St Suite 235A
Philadelphia, PA 19103 - 855-736-6341
Hours
Chamber Rating
-
Daemion Nelson
Love the quick turn around on our loan. Ryan was a super star in guiding us through it the process. RenoFi is the real deal. Will do business with then in the future also.
Apr 7th, 2024 -
Ricky Fauntleroy
Khadija was excellent to work with!
Apr 3rd, 2024 -
Brandon Foy
Thanks to Khadija and Jessica, I can do repairs for the home I bought my mom. They patiently waited while I cleared up some title issues to get the loan and the process with RenoFi was very fast!
Apr 3rd, 2024 -
Gid Bullock
This 5 star is mostly about Khadija Quarles, your fantastic Renovation Advisor who was so patient with me and my slow ways of getting information entered into the system. For literally months, Khadija helped me every step of the way with a professional and caring demeanor. Many thanks to Reno Fi for having such a wonderful person on your staff.
Apr 2nd, 2024 -
Michael Rosenthal
Fantastic service and quick as well! Devon is a real pro who knows how to help thankfully it worked out perfectly thanks to Devon!
Apr 1st, 2024
About
RenoFi
RenoFi created a platform that enables homeowners to borrow funds from RenoFi-approved lenders in the form of the first home equity loan purpose-built for renovations! Unlike standard home equity loans, RenoFi Loans use the value of your home after the renovation which lets you borrow the most money at the best possible terms.
RenoFi is creating a full suite of renovation loan products to better suit the needs of today's homeowners!
For homeowners, RenoFi makes it possible to renovate years earlier than might be otherwise feasible. For contractors, we empower the financing of renovations at the point of sale, reducing instances of scope reduction, and ensuring prompt payment. Our lender partners, most often credit unions, rely on RenoFi's platform to generate loans, create efficiencies, and grow membership. The lenders pay RenoFi for the new loans, which allows us to offer our services to homeowners for free.
RenoFi is truly a win-win-win for everyone involved.RenoFi is not a lender, rather weve partnered with lenders that leverage RenoFi's technology to seamlessly provide RenoFi Loans.
Contact Info
- 855-736-6341
Products
- RenoFi Home Equity Line of Credit
- RenoFi Home Equity Loan
Services
- Connection with Lender
- Contractor Due Diligence
- Facilitation of "As-Completed" Appraisal
- Renovation Underwriting
Languages
- English
Specialities
- Accessory Dwelling Units
- Home Additions
- Kitchen Renovations
Amenities
RenoFi Home Equity Loan (Fixed Rate Boost)
Built for those who want the peace of mind of a fixed rate without the need to refinance your first mortgage!
Loan amounts from $25k to $500k
Fixed, low interest rates
Term up to 20 years
Ability to borrow up to 90% of the After Renovation Value (ARV)
Full loan amount available at closing
RenoFi Home Equity Line of Credit (Boost HELOC)
Built to provide the flexibility of drawing what you need when you need it without the need to refinance your first mortgage!
Loan amounts from $25k to $500k
Variable, low interest rates
10 year interest only period, followed by 20 year amortization
Ability to borrow up to 90% of the Post-Renovation-Value
Line of credit that can be drawn down & paid back at your leisure for 10 years
Special Considerations
How it works
1. Confirm a RenoFi Loan is right for you
Try the RenoFi Loan Calculator to understand max borrowing power, potential rates & payments. Go through the RenoFi self pre-qualify tool & get assigned a dedicated RenoFi Advisor.
2. Prepare to Apply
Prepare to apply directly with a lender by gathering everything on this checklist.
3. Find a Lender & Apply
Your RenoFi advisor will help you determine the best lender. Once you decide, you’ll apply for the RenoFi Loan directly with the lender.
Questions & Answers
Q What is the phone number for RenoFi?
A The phone number for RenoFi is: 855-736-6341.
Q Where is RenoFi located?
A RenoFi is located at 2400 Market St Suite 235A, Philadelphia, PA 19103
Q What is the internet address for RenoFi?
A The website (URL) for RenoFi is: https://www.renofi.com/
Q How big is RenoFi?
A RenoFi employs approximately 20+ people.
Q What days are RenoFi open?
A RenoFi is open:
Thursday: 9:00 AM - 8:00 PM
Friday: 9:00 AM - 8:00 PM
Saturday: 10:00 AM - 5:00 PM
Sunday: Closed
Monday: 9:00 AM - 8:00 PM
Tuesday: 9:00 AM - 8:00 PM
Wednesday: 9:00 AM - 8:00 PM
Q How is RenoFi rated?
A RenoFi has a 4.6 Star Rating from 325 reviewers.
Hours
Ratings and Reviews
RenoFi
Overall Rating
Overall Rating
( 325 Reviews )Daemion Nelson on Google
Love the quick turn around on our loan. Ryan was a super star in guiding us through it the process. RenoFi is the real deal. Will do business with then in the future also.
Ricky Fauntleroy on Google
Khadija was excellent to work with!
Brandon Foy on Google
Thanks to Khadija and Jessica, I can do repairs for the home I bought my mom. They patiently waited while I cleared up some title issues to get the loan and the process with RenoFi was very fast!
Gid Bullock on Google
This 5 star is mostly about Khadija Quarles, your fantastic Renovation Advisor who was so patient with me and my slow ways of getting information entered into the system. For literally months, Khadija helped me every step of the way with a professional and caring demeanor. Many thanks to Reno Fi for having such a wonderful person on your staff.
Michael Rosenthal on Google
Fantastic service and quick as well! Devon is a real pro who knows how to help thankfully it worked out perfectly thanks to Devon!
Overall Rating
Overall Rating
( 325 Reviews )Write a Review
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