Meet Our Financing Partner
Wenger Remodeling is proud to partner with RenoFi, a renovation-focused platform that offers a more targeted way to invest in your renovation project than a traditional home equity loan.
RenoFi helps homeowners like you:
- Maximize your borrowing power based on your home’s value after your remodel.
- Secure complete funding for your project without compromising on your vision.
- Start your project faster and eliminate the draws and inspections typically required for construction loans.
- Pick the financing options that work best for your situation, including loans based on the After-Renovation-Value, personal renovation loans, and traditional HELOCs via RenoFi’s local credit union partners.
From financing options to the final reveal, Wenger Remodeling and RenoFi provide a seamless home remodeling experience, removing the stress points and leaving you with an investment you’ll enjoy for years to come.
Why Finance Your Remodel?
While there are many reasons why homeowners opt to finance their renovation rather than pay cash up front, it is most often a balance between
the costs of planning a dream space and working around existing conditions.
Here’s what to consider as you explore your project financing options:
Project Size
Larger spaces will generally require more materials, labor, and time, driving up the overall cost of the project.
Materials and Finishes
Cabinetry, countertops, flooring, tile, plumbing and lighting fixtures, appliances, and other selections can all significantly affect the final cost of your remodel.
Layout Changes
Moving walls, plumbing, electrical systems, or other structural alterations can all increase the complexity—and cost—of your home remodeling project and need to be budgeted for carefully.
Structural Work
Like layout changes, any structural modifications, foundation work, or other necessary repairs will affect the pricing of your remodeling project. Additions are an example of a project that typically involves structural work requiring additional architectural, engineering, materials, and labor to bring to reality.
Existing Conditions
Your home’s overall condition could dictate the work needed before your renovation can even begin. Leaks or other damage can often prompt renovations. However, unseen conditions behind the walls and floorboards can also impact the scope of work and ultimate cost of the project.
Customizations
Custom cabinetry, millwork, specialty finishes, and additional personalized features can affect the total project cost. These finishes are driven largely by the homeowner’s design aesthetic and budget.
How Financing with RenoFi Works
RenoFi’s five-step plan is designed to make the financing process for your home remodel as simple as possible. Here’s how:
