You should not have to wait years to remodel the home you are living in today.
Many Charlotte homeowners put off a kitchen renovation, bathroom remodel, or full-scale home update not because they do not want it — but because they assume they need to save the full amount before starting. Financing changes that equation entirely.
Remodel CLT partners with RenoFi and First Citizens Bank to offer qualified homeowners flexible financing options designed specifically for home renovation projects. Whether you are planning a $20,000 bathroom remodel or a $90,000 full kitchen and flooring transformation, we can connect you with financing that fits your project and your situation.
Our Financing Partners
RenoFi
RenoFi offers renovation loans that are fundamentally different from traditional home equity loans or lines of credit. Instead of basing the loan amount on your home's current value, RenoFi loans are based on the after-renovation value of your home — what it will be worth once the project is complete.
This matters because renovation projects increase your home's value. A Charlotte homeowner whose home is worth $450,000 today may find that a $60,000 kitchen and bathroom remodel brings that value to $530,000 or more. A RenoFi loan factors in that future value, which often means access to significantly more funding than a traditional equity-based product would allow.
RenoFi loan highlights:
- Loan amounts based on after-renovation home value
- Competitive fixed interest rates
- Terms up to 20 years
- No requirement to refinance your existing mortgage
- Available to homeowners with as little as 10% equity
First Citizens Bank
First Citizens Bank is a Charlotte-based financial institution with deep roots in North Carolina. Their home improvement loan products are straightforward, locally serviced, and designed for homeowners who want a clear, simple financing solution without the complexity of a full mortgage refinance.
First Citizens Bank highlights:
- Local Charlotte banking relationship
- Home improvement loans and HELOCs available
- Competitive rates for qualified borrowers
- In-person and online application options
- Trusted North Carolina institution since 1898
How Financing Works With Remodel CLT
Getting financing for your Charlotte remodel through Remodel CLT is straightforward:
Step 1 — Get your free estimate. We come to your home, assess the project, and provide a detailed written estimate. This gives you the exact number you need to apply for financing — no guessing, no ranges.
Step 2 — Choose your financing partner. We connect you with RenoFi and/or First Citizens Bank depending on your situation. You apply directly with the lender — Remodel CLT is not a lender and does not handle loan funds.
Step 3 — Get approved and schedule your project. Once financing is in place, we schedule your project start date. Most Remodel CLT projects begin within one week of finalizing the estimate and financing.
Step 4 — Remodel now, pay over time. Your project is completed on schedule. You pay Remodel CLT according to the milestone-based payment schedule in your contract, using your approved financing.
Frequently Asked Questions About Remodeling Financing
Do I need to own my home to qualify for renovation financing? Yes. RenoFi loans and home improvement loans from First Citizens Bank are available to homeowners. Renters are not eligible for these specific products.
How much can I borrow for a home remodel in Charlotte? Loan amounts vary by product, lender, and your financial profile. RenoFi loans in particular can allow access to larger amounts than traditional equity products because they factor in after-renovation value. Your detailed Remodel CLT estimate gives you the exact project cost to bring to your lender.
Does applying for financing affect my credit score? Most lenders perform a hard credit inquiry as part of a formal loan application, which can have a small temporary effect on your credit score. Pre-qualification checks at many lenders use a soft pull that does not affect your score.
Can I finance a partial remodel — just the kitchen, or just the bathroom? Yes. There is no requirement to finance a whole-home project. Many Remodel CLT clients finance a single-room remodel and pay for additional phases out of pocket later.
How long does financing approval take? Timelines vary by lender and application complexity. RenoFi applications typically process within a few business days to a few weeks. First Citizens Bank timelines depend on the specific product. We recommend initiating financing conversations as early in your planning process as possible.
What if I want to pay cash or by check? Absolutely — financing is an option, not a requirement. Many Remodel CLT clients pay by cash, check, or credit card. We accept all standard payment methods.
Is Financing Right for Your Remodel?
Financing makes the most sense when:
- Your remodel will meaningfully increase your home's value and you want to leverage that future equity now
- You have a clear project scope and a detailed estimate but need time to spread payments
- Your home needs updates before listing for sale and you want to recoup the investment at closing
- You have strong equity in your Charlotte home and want to put it to work
It may not be the right fit if you prefer to pay cash, if your project is small enough to fund comfortably from savings, or if your current debt situation makes taking on additional financing unwise. We are not financial advisors — we recommend speaking with your lender directly about what makes sense for your specific situation.
Start With a Free Estimate
The first step is knowing exactly what your project will cost. We provide free on-site consultations with a detailed written estimate — the document you need to have a productive conversation with any lender.
Call us at (704) 931-3493 or request your free estimate online.
Remodel CLT serves Charlotte, Myers Park, Ballantyne, SouthPark, Huntersville, Matthews, Cornelius, Waxhaw, Weddington, Mint Hill, and surrounding communities throughout the greater Charlotte area.
Remodel CLT is not a lender. Financing is provided by third-party lenders RenoFi and First Citizens Bank. Loan approval, terms, and availability are subject to each lender's qualification requirements. Contact the lender directly for details.
Licensed and insured. Serving the greater Charlotte, NC area since 2019.