Loan amount
$80K-$10M
Loan-to-value (LTV)
70%
Required credit score
None
Required deal experience
None
Rates
10% - 13%, depending on LTARV selection
Fees
Origination fee: 2% - 3%, depending on LTARV selection
Closing costs with the title company
Closing costs with the title company
Address
407 Lake Street East, Suite 201, Wayzata, MN 55391
About
Renovo Capital, LLC is a non-traditional portfolio lender providing efficient solutions for financing builders, remodelers, and investors in the for-sale residential housing sector. We are a small team based in the western suburbs of Minneapolis and all have deep-rooted interests in different aspects of real estate and construction that we use to help clients achieve their goals. With no monthly payments, no professional appraisal required, and advanced construction loans available, we aim to be a differentiator in the lending space.
States
Minnesota