Why Choose Our Elevate Financing Program?
Financing can be one of the most daunting parts of a home renovation. Our Elevate Financing Program is designed to take that stress off your plate so you can focus on what matters: transforming your space.
Here's why Elevate stands out, and how to know if it's right for you. You can see all of our options on our remodel financing page.
Higher loan amounts for bigger plans
One of the most unique features of Elevate is that it can offer higher loan amounts than many traditional financing options. How? It's based on the after-renovation value of your home.
Instead of basing your loan on what your home is worth today, Elevate looks at what it will be worth once your remodel is complete. That can let you borrow more and make more complete changes, whether you're updating your kitchen, adding a room or planning a whole-home remodel.
Why settle for minor upgrades when you can plan the full transformation?
Flexible terms that work for you
Elevate offers flexible terms designed to fit your finances. Longer loan terms can help keep monthly payments manageable, so you can enjoy your newly renovated space without financial stress.
- Choose a shorter term
- Choose a longer term
That flexibility sets Elevate apart from rigid programs that force you into terms that don't fit your goals.
No refinance required
A big concern for many homeowners is what renovation financing will do to their existing mortgage. With higher interest rates, the last thing you want is to refinance and give up a favorable rate.
Elevate doesn't require you to refinance your existing mortgage. You keep your current mortgage rate and still get the funds you need for your remodel, without the hassle and potential drawbacks of a refinance.
Curious what your remodel could look like? Talk through your goals and financing questions in a free 15-minute remodel consult.
Do you qualify for Elevate Financing?
Elevate is designed for homeowners with sufficient equity in their homes. Several factors are considered during the application process:
- Home equity
- Credit score
- Scope of your renovation
Our financing team will guide you through each step, help you understand your options and find the solution that's right for you.
Designed first, with one fixed price
Financing works best when you know exactly what you're financing. Our Studio A designers plan your remodel with you first, and design is included with every remodel. Once your design is complete, you get one fixed price, so you know your number before work begins, whether you're planning a major renovation or a smaller project.
Elevate Financing FAQs
How is Elevate different from a traditional home equity loan?
Elevate considers your home's value after the renovation, not just its value today, which can open up higher loan amounts.
Will I have to refinance my mortgage?
No. Elevate doesn't require you to refinance, so you keep your current mortgage rate.
Who is a good fit for Elevate?
Homeowners with sufficient equity who are planning a larger remodel. Credit and project scope are also considered.
Does design cost extra?
No. Studio A design is included with every remodel we build.