Why lenders choose
Renovation Exchange
Renovation Exchange offers a comprehensive solution that streamlines the entire renovation lending process from loan creation to project completion. Our platform leverages end-to-end automation to minimize errors, speed up approvals, and ensure projects are funded faster.
Centralized documentation
Benefit from having all project documents managed in one place, reducing the complexity and hassle of dealing with scattered paperwork and making it easier to keep track of every detail.
Faster loan
processing
The platform's standardized approach streamlines the entire loan processing workflow, allowing lenders to expedite loan approvals, closing loans faster and funding projects sooner.
Draw management
Reduce errors and risks with our centralized communication hub. Digital submissions and real-time insights keep you informed and in control during the renovation process.
All your properties in one place
Streamline reporting templates
Contractor validation made easy
Choose the right lender plan
Our pricing plans for lenders are designed to offer flexibility and value, ensuring you can access all the features you need to streamline your projects and grow your business.
Strategic Operations bundle
$199 /month
What's included: Intelligent Pre-Closing Branch Management Contractor Guideline Management Consultant Workforce Management Intelligent Documentation Management Project Timeline Optimization Intelligent Post-Closing Streamlined Draw Management Digital Change Orders
Basic access
(1 property)
$0
/month
Submit estimates to borrower-invited property (first property only)
Review Specification of Repair
Submit Draw Requests
Use estimation tool for non-renovation lending jobs
Get advertised to borrowers as a contractor in the area
Add unlimited company members
Add unlimited subcontractors
View and submit estimates for new borrower properties
Professional
$99
/month
Submit estimates to borrower-invited property (first property only)
Review Specification of Repair
Submit Draw Requests
Use estimation tool for non-renovation lending jobs
Get advertised to borrowers as a contractor in the area
Add up to 3 company members for free
Add up to 3 subcontractors for free
Add unlimited company members
Add unlimited subcontractors
View and submit estimates for new borrower properties
Growth
$199
/month
Submit estimates to borrower-invited property (first property only)
Review Specification of Repair
Submit Draw Requests
Use estimation tool for non-renovation lending jobs
Get advertised to borrowers as a contractor in the area
Add unlimited company members
Add unlimited subcontractors
Receive notifications for new borrower properties
View and submit estimates for new borrower properties
Choose the right lender plan
Our pricing plans for lenders are designed to offer flexibility and value, ensuring you can access all the features you need to streamline your projects and grow your business.
How it works
No matter the type of lending you specialize in—wholesale, brokerage, or processing—Renovation Exchange adapts to meet your needs. Our flexible platform allows you to easily customize or split features to fit your operations, ensuring a seamless experience from loan creation to project completion. With features like automated document management, contractor acquisition, streamlined draw requests, and real-time project tracking, we provide the tools to enhance efficiency, reduce risk, and deliver faster, smoother loan processing for every project.
AI Streamlines Your Renovation Loan Workflow
With Renovation Exchange's AI-powered platform, lenders receive standardized estimates automatically converted into the 35-component format required for renovation loans, including limited 203k loans. This streamlines underwriting and eliminates the need for back-and-forth with contractors, allowing you to focus on approving loans faster and more efficiently.
Effortless Conversion
AI instantly formats contractor estimates into the lender-friendly 35-component breakdown.
Improved Accuracy
Standardized data reduces the chance of errors, allowing for smoother underwriting.
Reduced Manual Entry
No more manual data entry or reformatting—our AI does the heavy lifting, allowing for seamless collaboration between contractors, consultants, and lenders.
Enhanced collaboration tools
Renovation Exchange fosters seamless collaboration among all stakeholders involved in your projects. With centralized communication channels and real-time notifications, your team, contractors, and clients can stay connected and informed every step of the way. Our platform ensures that everyone is on the same page, reducing miscommunication and keeping projects on track. Whether it's coordinating with contractors or managing client expectations, our collaboration tools streamline the process for a more cohesive project experience.
Seamless contractor validation
At Renovation Exchange, we simplify contractor validation by fully digitizing the process. Contractors can easily submit their business information directly from their phone, eliminating the need for manual paperwork and illegible handwritten documents. This ensures faster onboarding, reduces administrative burden, and keeps your projects moving forward with minimal delays. With our mobile-friendly platform, you can verify contractors quickly and efficiently, enhancing the overall speed and quality of your lending operations.
Lender pricing bundles
Our pricing plans for lender are designed to offer flexibility and value, ensuring you can access all the features you need to streamline your projects and grow your business.
Advanced security standards
Your trust is our priority. Renovation Exchange is built with industry-leading security protocols to ensure that all personal information is protected at every stage. We employ advanced encryption, secure data storage, and rigorous access controls to safeguard sensitive data. Our platform not only meets but exceeds industry compliance standards, giving you peace of mind that your information—and your clients' information—is handled with the utmost care and confidentiality.