How To Provide Loans To Contractors That Do Renovation?

The GreenSky Loan Program offers contractors an easy-to-use mobile app to help them grow their home improvement businesses while helping clients make their projects a reality. Home improvement loans are personal loans that can be used for renovations and repairs around the house, including options that use equity built up in the home and non-equity options like personal loans and credit cards. These loans provide borrowers with ready access to funds that can finance a wide range of efforts.

To offer attractive financing options as a contractor, contractors should research and establish partnerships with reputable financing institutions, such as Buildertrend and GreenSky®. Fannie Mae Homestyle®/Freddie Mac CHOICERenovation MortgageSM are backed by Fannie Mae and Freddie Mac, respectively, and can help finance your remodeling or building project. RenoFi loans provide cash for renovations based on your home’s future value, offering flexible options and avoiding the refinancing hassle.

By offering home renovation and remodeling financing to customers, contractors can increase sales and generate more revenue. RenoFi loans provide cash for renovations based on your home’s future value, offering flexible options and avoiding the refinancing hassle. Some renovation loans require specific contractors, so contractors should check their list of partners when working with the bank to make their dream home happen.

Home improvement financing partners for contractors include Greensky, Acorn Finance Hearth, Enhancify Supermoney, EnerBankUSA Synchrony Home Specialty Program, and other companies like Greensky, Acorn Finance Hearth, and Supermoney. By offering these financing options, contractors can help their clients make their projects a reality and grow their business.