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Remodelmate Partners With SoFi To Make Home Renovation Loans Easier

Remodelmate , the platform streamlining home renovations, is now partnering with SoFi to help people finance their updates. SoFi is an app that helps people spend, borrow, and save money through its platform. Its interest rates range from 5.99 percent to 16.24 percent. The app’s latest partnership with Remodelmate will offer loans up to $100,000, with low fixed or variable interest rates. According to Homeadvisor , the national average of home renovations is  $43,206 for 2019. Now, Remodelmate users can apply online for a loan and expect a quick approval process. Remodelmate lets users hire contractors, track renovation progress, and pay for services completely through the platform. The company said its partnership with SoFi helps it to expand these offerings, making it an all-inclusive app to facilitate major changes in a home. Over the past year, Remodelmate has gained a lot of traction. The company partnered with Havenly to offer templated kitchen redesign and won...

Mar 12, 2019