Renovate-vs-Move Decision Roadmap

Renovate or Move?

Love your {{example.origRate}} rate but need more space? Use this matrix to weigh both paths, then follow the 6-step roadmap to get started.

Renovate vs Move - Decision Matrix (illustrative, based on {{example.name}}'s scenario)

Factor	Renovate	Move Up
Monthly P&I (first mortgage)	Keep existing payment + renovation financing	Higher - resets to market at current market rates
Upfront cost	~{{example.renoCost}} renovation budget	{{example.sellCosts}} to sell {{example.sellCostPct}} of current home value
Keep {{example.origRate}} rate	Yes first mortgage untouched	No resets to current market rates
End home value	~{{example.afterRenoValue}} +{{example.valueAddPct}} added (~$170k on $650k home)	{{example.moveUpPrice}} minus {{example.sellCosts}} selling costs already spent
Flexibility	Stay in place same neighborhood and schools	Full relocation new location, new community
Best for	Love the location; rate matters; renovation adds real value	Need a different area; layout or lot cannot be fixed; financially ready

6-Step Renovation Roadmap

Discovery

Your goals, budget, scope of work, and a first look at your equity (~{{example.tappable}} available).

Renovate-vs-Move Analysis

Your real LendSight numbers - both paths side by side, your equity and your monthly payment.

Renovation Financing

Referral to a trusted credit-union partner for a line of credit or renovation loan. Concept only - your {{example.origRate}} loan stays put.

Contractor Bids

Two to three qualified contractor quotes to confirm the renovation cost before you commit.

Permits and Build

Architectural plans approved, permits pulled, renovation in progress. First mortgage protected throughout.

Enjoy Your Home

New space, same great {{example.origRate}} rate, and ~{{example.valueAddPct}} in added value (~$170k on a $650k home). Annual review with your team.

Current home value

Equity to tap

~{{example.tappable}}

Value after reno

~{{example.afterRenoValue}}

Value added (~$170k on $650k home)

+{{example.valueAddPct}}

Scan to find where you are

We build your personalized renovate-vs-move analysis: your equity, payment comparison, and value-add - both paths, honest numbers.

{{compliance.pendingLabel}} Equal Housing Opportunity. {{lo.company}}, NMLS #{{lo.nmls}} (Company NMLS #{{compliance.companyNmls}}). Figures and the example household are hypothetical and for illustration only; not an offer, quote, or guarantee. Renovation value-add estimates are illustrative and not guaranteed; actual results depend on market conditions, project scope, and contractor execution. Home equity lines of credit and renovation loans are offered by a third-party credit union, not {{lo.company}}; no rates or terms are quoted. This co-marketed seminar is cost-split by fair market value of promotion per RESPA; no party pays for referrals. Consult a tax advisor and licensed contractor before committing to any project. NMLS Consumer Access: www.nmlsconsumeraccess.org.