RenoFi
  • 2400 Market St Suite 235A
    Philadelphia, PA 19103
  •   855-736-6341

Hours

Tuesday:
9:00 AM - 8:00 PM
Wednesday:
9:00 AM - 8:00 PM
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

Chamber Rating

Verified Member
4.5 - (179 reviews)
140
18
5
4
12

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 How big is RenoFi?

A RenoFi employs approximately 20+ people.


Q What days are RenoFi open?

A RenoFi is open:
Tuesday: 9:00 AM - 8:00 PM
Wednesday: 9:00 AM - 8:00 PM
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


Q How is RenoFi rated?

A RenoFi has a 4.5 Star Rating from 179 reviewers.

Hours

Tuesday:
9:00 AM - 8:00 PM
Wednesday:
9:00 AM - 8:00 PM
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

Ratings and Reviews
RenoFi

Overall Rating

Overall Rating
( 179 Reviews )
140
18
5
4
12
Write a Review

Katie Wilks on Google

image Very helpful team and got me the cash I needed quickly


Matt Dillon on Google

image Brian was awesome and got me approved and funded in record time, allowing my renovation project to remain on time and on budget.


Tram Trinh on Google

image I am working on a small construction project and was directed to RenoFi for financing. Ryan and Jessica made the process easy and painless. I was able to get financing within a week.


The Swanni on Google

image Easiest process you could hope for. Brian responded quickly and made this a quick and smooth process. Will do business again no question.


Staci Johnson on Google

image I am doing a major reno on a 95 year old home and needed to find some major financing to update everything! I found renofi doing a search online. I worked with Brian who was very informative and knowledgeable about this specialty field and Jessica to complete the process. It only took a matter a DAYS to complete the funding for a personal loan (which also had a higher limit than HELOC option). Super impressed with how quick and smooth the whole process was. And not only that, renofi is one of the only funding options for a longer term repayment period which is needed for a large renovation cost. Highly recommend!!


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Overall Rating

Overall Rating
( 179 Reviews )
140
18
5
4
12

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