Being comfortable in your own home is one of the most important aspects of being a homeowner. Sometimes we don’t always love the way it looks, or it needs necessary updates and repairs. That’s where a Renovation Loan can bring your visions to life. A Renovation Loan allows you to make changes to your home now, and pay for them monthly over time. Even if you have little equity in your home, it’s still available for you to use. Although a Renovation Loan is available to you for small and big projects, you must show how that money was spent on the home and follow inspection requirements.