A Paradigm Shift in Construction Lending

A Partnership That Makes Dream Homes Possible

Housetable provides an end-to-end solution for credit unions to revamp their construction lending programs and add a game-changing product: Renovation HELOCs.

What Are Renovation HELOCs?

Renovation HELOCs are a hybrid between a conventional HELOC and a construction loan. Structured as a HELOC, but designed for renovations, underwritten based on after-renovation value (ARV) and disbursed directly to members’ contractors.

They enable members to maximize their renovation budgets, while holding on to their low rates and benefiting from a streamlined and seamless process.

What Are Renovation HELOCs?

Renovation HELOCs are a hybrid between a conventional HELOC and a construction loan. Structured as a HELOC, but designed for renovations,  underwritten based on after-renovation value (ARV) and disbursed directly to members’ contractors.

Enabling members to maximize their renovation budgets, while holding on to their low rates and benefiting from a streamlined and seamless process.

Housetable’s Solution

Track 1: Whitelabel

Everything you need to empower your lending team to offer Renovation HELOCs in a scalable, cost-effective, and risk-averse manner, without having to hire construction lending expertise 
in-house.

Track 2: Loan Acquisition

In addition to accessing Housetable’s end-to-end platform, gain access to fully qualified net-new members in your field of memberships, by leveraging referrals from Housetable’s extensive general contractor and other partner networks.

Housetable’s Platform

01:
Borrower Pre-Screening
02:
AI-Powered Renovation Cost and Future Equity Calculator
03:
Contractor and Renovation Risk Management
04:
Contractor Draw Management

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