Ardent Renovation Loan
Use your after-renovation value to boost your borrowing power
Swoon-worthy homes start with Ardent Credit Union’s unique Home Renovation Loan.
Our Renovation Loan is the only home improvement loan that calculates the after-renovation value of your home to determine how much you can borrow. Even if you don’t have tons of equity built up yet, you can start planning the glow up your home deserves today. No cobbling together funding. Complete your project now with just one loan. No mortgage refinancing required.
The line-to-loan difference
Unlike typical financing options, our Home Renovation Loan starts as a line of credit you can borrow against to cover your renovation costs for up to 2 years. Make withdrawals against your line as needed and when your project is completed, your line will convert to a low fixed-rate loan.
- Loan amounts from $20,000 to $250,000
- 20-year fixed-rate repayment and no pre-payment penalty
- Borrow up to 95% of the after-renovation value*
Get all your ducks in a row
Ready to get started?
Start by filling out the form on this page. A member of Renofi’s team will contact you to evaluate your project and collect some required documentation.
Once your renovation plans are finalized, we’ll start the lending process, which takes about 30 days on average from application to closing.