Build New with Renovo
We work with you from the beginning of the project through the final sale to streamline financing, allowing you to focus on your core business. We understand construction finance is an integral part of your business, but it shouldn’t be a burden. With rates as low as 2 points and 10% APR, there is a loan that will accommodate spec or model homes.
Working with Renovo Capital, LLC will allow you to:
- Simplify cash-flow management with our no monthly interest payment option
- Take advantage of time-sensitive opportunities with prompt financing approval
- Help manage and organize project payments
- Take construction draws on your timeline
- No appraisals or junk fees
Standard Terms Summary
- Up to 65% of the ARV/ sale price
- 2 to 4 point origination fee depending on the loan to ARV ratio
- 10% annual interest rate and no monthly interest payments
- 11-month maturity
- $30,000 minimum down payment plus closing costs on spec or model homes
Need Financing For Your Next Project?
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We, as a company, have been borrowing money to buy single family real estate since 2003. During that time we have borrowed from many private individuals, hard money companies as well as banks. Never have we experienced better service than when working with Renovo Capital, the clarity of their rates, their extremely timely approval process as well as their ease of construction draws truly sets them apart. David and his team are a pleasure to do business with and with no hesitation do we highly recommend them.