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.loan 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.
Financing details to confirm
Use this checklist to compare a project-specific proposal. Current program terms are confirmed by the lending team; this page is not a rate quote or commitment.
- Purchase financing: confirm the advance against the acquisition price and any other valuation limits.
- Renovation funding: confirm the eligible work, holdback, draw requirements and funds needed before reimbursement.
- Loan amount and term: review the current minimum, maximum, extension options and project timeline.
- Exit: prepare resale evidence and a backup plan if the property takes longer to sell.