Transform existing, profitably.
For remodelers, contractors, and investors who take on tenant-occupied or vacant renovation projects. BldFi matches you with lenders who structure a flexible draw schedule around your actual workflow — not a one-size-fits-all template.
Loan Terms
- Loan amount
- $75K – $2M
- LTC up to
- 85%
- LTV up to
- 70% of ARV
- Rate from
- 11.5% / year
- Loan term
- 6 – 18 months
- Payment type
- Interest only
- Origination fee
- 1.5 – 2 points
- Prepayment
- None with many lenders
- Time to close
- 10 – 14 days typical
No hard credit pull at inquiry stage. Response within 1 business day.
Built for renovation projects.
Draw schedules matched to your workflow
No fixed five-phase template — draws are structured around how your renovation actually proceeds, room by room or trade by trade.
Renovate, then refinance into a DSCR loan
Rehabbing a rental property? BldFi can help you refinance it into a long-term DSCR loan once the work is done, based on the property's rental income — so you pay off the renovation loan and keep the asset.
Scope changes don't stall funding
Renovation plans shift once walls open up. Change orders are reviewed quickly so a revised scope doesn't leave your project waiting on capital.
Exit when your project is done
No prepayment penalties with many of our lender partners. Refinance into permanent financing or sell the moment the work wraps, and keep what you've built.
What you'll need to qualify.
Lenders look at the deal and the borrower together. Strong projects with solid equity and an experienced team get to yes faster. Exact requirements vary by lender.
Run your numbers before you apply.
Renovation loan questions.
Ready to fund your renovation project?
Submit your project details today and hear back from our team within 48 hours.
Start Your Application