Recent news has just come in that Finance of America Companies are branching out to offer lending specifically for home renovations. The lending services business based in Pennsylvania is extending its services to include financing to homeowners looking to renovate their houses or apartments.
All thanks to a platform called “Benji,” which gives contractors the ability to grow their businesses. Moreover, it allows homeowners that want to renovate their homes the option of gaining financing through their contractors.
This financial offering is flexible and is there to help people who need a little extra to better their homes; whether it’s to improve the value of the property or simply to create a better space to live in. People can apply for smaller amounts for small home remodeling initiatives and larger amounts for bigger projects.
With so many people having spent the past year in their homes, home renovations and improvements have become a necessity for a large number of Americans. Some may want to include more space for a home office so they can more optimally work from home, whereas others may want to add a new bedroom for a new family member.
This financing option from Finance of America Companies should give people the financing they need to turn their houses into the homes of their dreams. In fact, it’s more than simply adding DIY projects onto to-do lists, it’s about projects that are being financed via contractors.
