Cash, HELOC, renovation loan, cash-out refi. We don’t carry a financing partner because we’d rather you get the best rate available to you.
Remodels get paid in three patterns. Most clients use one or some combination of the three:
Cash. The cleanest option if liquidity allows. No carrying cost, no rate risk, no underwriting friction.
HELOC (Home Equity Line of Credit). The most common pattern for clients with equity. Draw as needed, pay interest only on what’s drawn. Most major banks offer them. Apply before the project starts so the line is ready when draws hit.
Renovation loan or cash-out refi. For larger scopes that exceed comfortable HELOC limits. FHA 203(k) and Fannie HomeStyle are the standard products. Local banks and credit unions usually offer better terms than national lenders.
We don’t carry an in-house financing partner. We could — many contractors do — but most of those programs charge the contractor a fee that ends up baked into the bid. We’d rather you shop your own rate.
10% at contract signing. Reserves your build window and triggers ordering of long-lead items (cabinetry, windows).
15% the week demo begins. Site setup, dust containment, dumpster, hauling.
25% at completion of framing, electrical rough, plumbing rough, mechanical, drywall.
30% at delivery and installation of cabinetry, tile, stone, fixtures.
15% at final inspection sign-off and operational handover.
5% held back until punch list is signed off. You don’t pay the last draw until you’re happy.
Most remodels include 5–15 allowance lines for things you’ll select during the project — tile, fixtures, appliances, lighting, hardware. Our bid quotes a real allowance per line, not a lowball to make the bid look cheap.
When you upgrade an allowance, the change is transparent: the new vendor cost minus the original allowance, plus the install adjustment if any. You see the math.
If you spend under the allowance, the credit comes back to you on the next draw.
Bathroom tile (floor + walls): $3,200 supply allowance, ~180 sf at $14–$18/sf. Upgrade to $24/sf large-format porcelain: line moves +$1,800.
Tell us the scope and we’ll write a fixed-price bid.
