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Real estate
fromwww.housingwire.com
2 weeks ago

RenoFi raises $22M Series B to expand home renovation financing

RenoFi's Series B funding enables expansion of its renovation financing platform, which uses AI-powered underwriting to offer home equity lines of credit based on after-repair value rather than current property value.
fromwww.housingwire.com
3 months ago

Fannie Mae broadens ADU, manufactured home eligibility

On the product side, Fannie Mae is introducing HomeStyle Refresh, which will replace HomeStyle Energy and expand financing options beginning March 31, 2026. The product allows borrowers to finance purchase or cash-out refinance transactions up to 15% of the as-completed appraised value for renovation costs, following standard loan-to-value requirements. Eligible uses include cosmetic and functional upgrades, disaster repairs, resiliency improvements and environmental remediation for issues such as lead, asbestos or mold.
Real estate
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