Structural and non-structural work, foundation, kitchens, baths, HVAC, mold/lead remediation, pools, and more — $50,000 minimum repairs on Luminate Bank Interim Renovation Loan.
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Renovation Loans
Luminate Bank Interim Renovation Loan
What Types of Renovations Can Be Financed?
The program allows both structural and non-structural improvements, including foundation work, room additions, kitchen and bathroom remodels, roofing, plumbing, electrical upgrades, HVAC replacement, mold remediation, lead paint removal, appliance installation, and even new swimming pools.
The Luminate Bank Interim Renovation Loan is built for projects with at least $50,000 in eligible repairs — not light cosmetic work. Structural and non-structural improvements can both be financed when they meet program guidelines, including remediation, systems upgrades, and amenity additions like new swimming pools.
Beyond labor and materials, eligible costs can include draw inspections, final inspection (1004D), title update fees, permit fees, contingency reserve, construction management fee, and interest reserve. Contingency reserve is not required by the matrix, but may still be financed when included.
Ryan and Steve help you build a renovation budget that underwriting can support — then map draw timing so contractors get paid as work is inspected and approved.
Common scopes the interim construction program can finance when guidelines are met.
Related Luminate Bank Interim Renovation Loan guides and renovation programs to compare before you apply.
Ryan & Steve will compare your bid, eligible costs, and draw plan against Luminate Bank Interim Renovation Loan guidelines.
All loans are subject to credit and property approval. Luminate Bank Interim Renovation Loan program guidelines, LTV limits, loan amounts, and pricing are subject to change without notice and may not be available in all areas. This is not an offer to enter into an agreement. Information is for educational purposes only and is not a commitment to lend.