Funding - Renovo Financial

Fast. Reliable. Innovative.

loans up to $2 million FOR experienced investors who renovate, BUILD and manage residential properties.


Unlike traditional lenders that can take up to 60-days to close, Renovo Financial is well capitalized and able to deliver a 10-day-closing guarantee on short-term acquisition and construction loans as well as long-term financing for rental properties. Our staff holds expertise across all disciplines, including markets, financing, renovation, and property management – and is nimble enough to provide tailored customer service throughout the life of the loan.



With a short-term rehab loan from Renovo, borrowers can purchase unlivable residential properties at a discount, rehab them, and either resell them or hold onto them as rental properties. These loans provide stability during a project, and allow for potential growth and future success.

Loan Criteria

  • Loan Amounts up to $2,000,000
  • Up to 80% Loan to Cost
  • Loan Terms from 6 to 12 months
  • Target Credit Score is 640

Initial Documentation

  • Quick Start
  • 2 Years Tax Returns
  • 3 Months Bank Statements
  • Renovo Personal FInancial Statement Form

Property Type

  • Single Family
  • 2-4 Units
  • Condos and Townhomes
  • Multi-Family
  • Mixed use Commercial

Here to Serve

Whether you have a question about an approval or need a pay-off, our dedicated team is here for you. Our in-house team of specialists respond quickly to your requests, and you’ll never have to worry about dialing an anonymous 1-800 number for support. We even have a dedicated “Client Advocate” on staff to deliver on this commitment.

Unmatched Expertise from a Dependable Partner

When you work with Renovo, you’re partnering with experts who know the market, appreciate the opportunities and challenges you’ll face, and take the time to understand your unique business plan. In addition, you’ll gain access to the RENOVO CIRCLE OF SUCCESS™ — our network of realtors, wholesalers, buyer, contractors, and other professional service providers — relationships that can provide you the leverage to move your business forward.


Renovo’s Long-Term lending for cash-flow is designed with you in mind. Our experienced team understands the
opportunities and challenges you’ll face when investing in long-term rental properties. Count on us to move quickly and provide answers when you need them, and we’ll work with you every step of the way to grow a profitable portfolio.

Loan Criteria

  • Loan Amounts up to $1,000,000
  • Purchase, Refinance, or Cash Out Transaction Types
  • $125,000 Minimum Property Value
  • One Year Prepayment

Initial Documentation

  • Most Recent W-2
  • Most Recent Paystub
  • Most Recent REO Schedule

Property Type

  • Single Family
  • Multi-Family
  • Mixed use Commercial

Solutions Not Available from Other Lenders

Renovo understands that non-recourse options are, at times, a necessity for investors looking to finance cash flowing real estate. We work with many clients who are foreign nationals, utilizing their IRA or 401(k) funds. Non-recourse financing can be considered for estate planning purposes.

Unmatched Flexibilty for Cash-Flow Investors

A key feature to Renovo’s long-term financing program is the ability for investors to refinance from their short-term renovation loans in to a permanent, 30 year loan for investment properties. We have structured our purchase and refinance programs to have competitive Loan to Value, Loan to Cost and rate options suited to investors looking to grow their rental portfolios. 

Timing is Everything

10 Business Days Or Less

To succeed as a real estate investor you need to act fast and work with partners who follow-through on their commitments.
Our 10 business-day timeline to close your next deal begins after signing your letter of intent, and from there we’re 100%
committed to ensuring your loan closes within 2 weeks (or faster). What’s more, when you close a rehab loan with Renovo,
we deliver construction draws within 48 hours of your request. It’s how we show our commitment to being a nimble partner
that helps accelerate your deal flow (and cash flow!).

A Partner in Every Sense

Unmatched Expertise

When you work with Renovo, you’re partnering with experts who know the market, appreciate the opportunities and challenges you’ll face, and take the time to understand your unique business plan. In addition, you’ll gain access to the RENOVO CIRCLE OF SUCCESS™ — our network of realtors, wholesalers, buyers, contractors, and other professional service providers — relationships that can provide you the knowledge and expertise to move your business forward.


Most importantly, when we say we’ll do something, we mean it and can stand behind our commitment.

Some Common Questions Answered

What is the process of an application?

The process begins with a high trust relationship conversation with one of our Sales Directors. In that conversation we get to understand who you are, what your goals are and how we may be able to partner with you. After an in-person meeting, and agreeing that we are a good fit for each other, your Sales Director will send you an application package to complete. We will agree on a date that you’ll furnish your application and supporting documents in hopes to move you into the next step in the process. If you have a deal, your application is reviewed within hours of receipt by a loan officer in hopes to then submit to you a Letter of Intent. Once you’ve agreed to the terms on the LOI, signed and furnished to your Sales Director, that begins day one of a 10 day process to closing.

How long does it take to close?

Each deal is different, but closings can occur as quickly as 10 business days from receipt of a signed Letter of Intent (LOI).

What are your rates?

Our rates are highly competitive and dependent upon borrower’s experience, financial strength and individual project details.

Do you work with first time investors?

It is not a common practice, but we have established some amazing relationships with first-time investors who had strong financials, a great project and an exceptional team in place.

Do you refer contractors?

We do not have a list of contractors who are affiliated with Renovo Financial. However, there are times where our loan officers will refer experienced contractors in the Chicagoland area. As a Renovo customer you gain access to our Circle of Success™; a network of realtors, wholesalers, buyers, contractors, and other professional service providers.

Renovo Financial Lending by the Numbers


Single Family Rehab


Locally Owned


Close in 10 Days


Long-Term Financing

Renovo Documents


1003 Application

The 1003 Application (Uniform Residential Loan Application) is a form that was standardized by the GSEs, Freddie Mac and Fannie Mae, and is the required format for obtaining necessary information from mortgage loan applicant(s).

W9 Tax Form

The W9 allows Renovo to send both you and the IRS a statement of loan interest paid.

REO Updates

Real Estate Owned: For any updates to real estate that you own

ACH Payment Form

The Automated Clearing House allows you to setup auto payments for your loan with Renovo.

General Contractor Information

General Contractor Information Form.