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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

This App Wants To Take The Headache Out Of Home Renovations

Renovations are an exciting time for homeowners, but they can be extremely time consuming and expensive. The process of hiring trustworthy contractors, beating deadlines and meeting expectations can take a toll, but Remodelmate is letting users manage projects with just a few clicks from their smartphone. According to a Zillow report on consumer housing trends, the average homeowner made at least one home improvement in the past year and 65 percent plan to make at least one improvement within the next year. After helping a friend with a kitchen renovation, Remodelmate co-founder, Chad Hall, realized there was a hole in the market for easily accessing and hiring contractors. “Everything else in the world has become so simple,” Hall said. “Push a button, you get a ride with Uber. Push a button and you get lunch delivered — but this home improvement stuff is relatively archaic.” Hall said at the time, the only apps that helped with finding contractors were Angie’s List and Yelp and...

Nov 9, 2018