History
Eight years ago, my wife Megan & I, along with our one-year old son bought our first home in Devon, PA, just outside of Philadelphia. The home was built in the early 60's and we knew there were a few projects like updating the kitchen that we wanted to do within the first few years. But renovating is expensive, and having just bought the home we didn't have a ton of equity built up yet to tap for the renovation. That's when I learned about construction loans but I was told I'd have to refinance my mortgage which was the last thing I wanted to do since we had a great rate locked in. Frustrated by the lack of simple loan options that would give me the credit for the increased home value up front, I knew there had to be a better way and RenoFi was born. I'm proud to say I am not only the founder, but a customer as well. Our renovation was completed in 2020. - Justin Goldman, Co-founder