The RenoFi Loan was the perfect option for our renovation. Not being forced to refinance our first mortgage was a huge plus with the low rate we already had locked in. The loan rate was super low, the fees were minimal and the entire process was easy once we had our renovation plans finalized. Our contractor was thrilled that they didn't have to be involved in the process like they would with a typical construction loan. Our reno is underway now so I'm attaching some pics.