Bring the property and the plan together
A compelling renovation story needs more than an attractive purchase price. Put the purchase contract, property condition, work scope and proposed resale strategy in one place so the financing conversation starts with the same assumptions.
WAVE is building a technology-led lending experience designed to move information efficiently and reduce repetitive administration. Deeply experienced real estate operators make the core decisions. Program availability and financing fit require a project-specific review.
Prepare for the first conversation
- Property address, purchase status and the date you are working toward.
- A work scope that separates essential repairs from optional upgrades.
- Contractor estimates, planned sequencing and known permit questions.
- Your resale assumptions, supporting comparable properties and backup exit plan.
- Questions about cash needed at closing, renovation funding and ongoing project costs.
Ask how the financing follows the work
Before relying on a financing proposal, ask which costs it covers, when funds become available, what documentation is required and what happens when the scope or schedule changes. Confirm the details in the actual loan documents.
If your intended exit is to retain the home as a rental, discuss that goal early. A renovation project and a stabilized rental involve different financing questions.