Renfi-Extra
A personal loan to upgrade your home
Giving Canadians more flexibility for special home amenity purchases.
Powered by Fintech making it faster, safer and easier
Rates as low
as 1%
Rates from 1-1.59% monthly.
Get up to
$50,000
Use the funds to add the home amenity you have always dreamed of.
Next Day
Funding
With our non mortgage security, you can have your funds in your bank account by tomorrow.
Multiple Payment Options
With a variety of payment options, you can plan when and how to payoff your loan.
The uses are endless
Renfi provides homeowners with fast and frictionless financing for many home amenities. Below are just some of the examples.
Backyard Office Pod
Hot Tub and Spas
Above Ground Pool
Gazebo
How it Works
Using 256 bit bank grade encryption enables us to keep your personal information secure and private in order to give you unparalleled speed and ease for the entire application process.
1 minute application
Approval within 15 minutes
Get Funded
Renfi offers TWO PAYMENT options
Interest Only
Payments with the principal paid out at the end of a 36 month term
Or
Interest + Principal
Blended payments with no principal due at the end of a 120 month term.
*All Renfi loans are fully open with no pre payment penalty.
WHAT’S REQUIRED?
Proof of intention to sell. Which can be :
- Purchase order for the item
- Installation contract
Reach out if you don’t have the above. 😉
Payment Example
All Renfi Extra Loans are fully open with no prepayment penalty with terms ranging from 36-120 months.
- 36 Month Term Interest Only
Loan Amount
$25k
=
Monthly Payment
$250
=
End of Term
$25k
- 120 Month Term Principal + Interest
Loan Amount
$25k
=
Monthly Payment
$466.68
=
End of Term
$0
WHAT’S REQUIRED?
Proof of intention to sell. Which can be :
- Purchase order for the item
- Installation contract
Reach out if you don’t have the above. 😉
Don’t just take our word…
Here’s just a few of the things our customers are saying.
"I will always be appreciative to the quick response to resolve my financial needs. The team was very quick in solving my problem. I will recommend them to all my friends and family in need. The Renfi Team is the best!"
"Working with Renfi has been a pleasure! They are easy to work with, hard working and efficient."
"Dealing with Renfi was fast and easy their approval process is great. Their service levels exceeded my expectations. I highly recommend using Renfi."
"My husband and I are rather impressed with the professionalism by you and your team. The quick turnaround and the smooth transaction was much appreciated."
"My experience with Renfi was absolutely great! They are fast, very professional and easy to contact throughout the process. They helped me get funds for my basement renovations even after I just closed on my house."
"Working with the Renfi team was a pleasure. I highly recommend their services."
FAQ
We know our company thrives because of you. Take a look at the answers to some of the questions our users typically ask.
RENFI Extras provides homeowners with fast and frictionless financing for many home amenities. For example: hot tubs and spas, home office pods, above ground pools, gazebos, and home theaters.The opportunities are endless!
You can borrow up to 50,000.
If you need more, please reach out to us!
Renfi Extras offers two payment options:
- Interest only payments with principal paid out at the end of a three year term. This will result in lower monthly payments.
- Or
- A blended principal and interest payments, fully amortized over ten years. This means that after ten years, there is no principal due and the loan will be entirely paid off.
All Renfi Extras loans are fully open with No prepayment penalties.
The Rates for Renfi Extras loans are between 1%-1.59% monthly.
Not a problem. All Renfi Extras loans are fully open, with no prepayment penalty!
You can use them for many things. Here are just some of the options:
- Hot tubs
- Spas
- Gazebos
- Above-ground pools
- Home office pools
Please reach out to us if you’d like to know more about something that is not listed here.
Hot tubs
Spas,
Gazebos
Above ground pools
Home office pods
Or backyard man cave;)
No! We register a lien against your property.
We look at multiple factors to determine the lending rate. The value of your home compared to the size of the loan, as well as your credit score and your total debt, are the primary factors we consider.
