For renovation loan consultants and the lenders they work with
One shared project for the consultant, lender, borrower, inspector and contractor, from the lender’s order to the signed report package, so nobody has to ask where the file stands.
A renovation loan moves a consultant, a lender, an inspector, a borrower and a contractor through the same stack of documents: the consultant agreement, the feasibility study, the work write-up, contractor bids, the inspection and the final report. Most of it travels by email and PDF today, and every handoff is another place for the file to sit.
The lender calls the consultant, the consultant chases the contractor, and the borrower hears last, because nobody can see where the file stands without asking.
A draw can’t be released until the permit sign-offs and clearance documents are in and the inspection matches the work claimed, and getting there takes a round of emails and calls while the contractor waits to be paid.
A finished report goes out as a package of documents for the borrower, contractor and inspector to sign, and someone has to keep checking who hasn’t.
Spreadsheets, email threads, shared folders and a separate e-signature service were each made for something else, and none of them knows what a renovation loan needs next.
Here is a full report, step by step. A feasibility study follows the same path without the on-site inspection, and converts into a full report when the borrower moves ahead.
The loan officer creates the project at the property address and submits it. The consultant accepts it in RenoDesk, so the start of the job is on record.
RenoDesk generates the consultant agreement and invoice and sends them to the borrower, who signs and pays by card from one link.
The consultant assigns their inspector to the property. The inspector e-signs the engagement agreement and Work Order, offers times for the borrower to pick from, gets a map link to the address, and completes the MPS inspection on site with photos on each item and a flag on anything that needs drawings, permits or engineering.
The inspection flows straight into the consultant’s work write-up. Contractors price each line and attach drawings and permit certifications, and the consultant sees the dollar and percentage difference from their own numbers on every item. Contractors never see that comparison.
The consultant reviews a preliminary report, then RenoDesk compiles the final report with the form set the loan program calls for. The contractor, borrower and inspector each e-sign, reminders go out automatically, and nothing is sent until every signature is in. The signed package then goes to the loan officer and the appraiser.
You make the decisions. RenoDesk does the sending, the chasing and the filing that used to fill the hours in between.
When an order comes in
Your fee is proposed from the program’s fee schedule and the approved amount, with extra units and mileage counted. You adjust it and approve.
When you accept the order
The consultant agreement and invoice are generated and sent to the borrower to sign and pay.
When the borrower pays
The project moves forward on its own and the loan officer hears that the inspection is being set up.
When you assign an inspector
The engagement agreement and Work Order are generated and sent for signature. Once they’re signed, the inspector offers times and the borrower picks one.
When someone goes quiet
Follow-ups go out by themselves: to a borrower who hasn’t activated their account within a day, an inspector who hasn’t scheduled, or a signer who hasn’t signed.
When the last signature lands
The signed package is compiled and delivered to the loan officer and the appraiser.
The report package
The report is the thing you’re paid for. RenoDesk compiles the whole package from the project, in order, with the forms the loan program calls for.
All 35 repair categories appear in the Specification of Repairs, marked N/A where no work is planned, so nothing looks like it was skipped.
Line subtotals, category totals, allowable fees for drawings and permits, the contingency reserve and the grand total are calculated from what was entered.
Inspection photos are grouped by repair item at the end of the report, so the underwriter isn’t hunting through attachments.
You review the finished PDF before it goes out for signature. No exporting a document, fixing it by hand and uploading it again.
The details that generic project software gets wrong, because it was never meant for this work.
When a loan officer moves on or an inspector is replaced halfway through, the new person is added and the history stays with the project. Nothing is lost and nothing has to be re-entered.
Report documents expire 180 days after the loan application date. RenoDesk tracks that date on every project and warns you at 150 days, while there’s still time to close.
Radon calls for a certification, not a permit, and the inspection treats them differently. It also covers the items that hold up a loan later: propane tanks, septic, wells, lead paint and underground storage tanks.
Inspectors provide their W-9 and ID when they join. Contractors provide their license and proof of insurance. It’s on file before the first Work Order goes out.
Each person sees what they need to act on and nothing they shouldn’t, from one project tied to one property.
Everything from the lender’s order through closing.
Every project is anchored to the address being inspected. Type the address once and Google Maps lookup fills it in, and the order, agreement, inspection, write-up and report all belong to that property.
The borrower e-signs the consultant agreement and pays by card in the same step.
The inspector offers times and the borrower picks one. Everyone gets the confirmation and a calendar invite, and the inspector gets a map link to the property.
The Work Order and the inspector’s engagement agreement are generated from the project and e-signed before the visit, and the MPS inspection is recorded item by item with photos.
The inspection flows into your work write-up. Contractors price each line and attach drawings and permit certifications, and you see the difference from your own numbers on every item.
Write up a feasibility study with photos and estimated costs for the loan officer and borrower. If the borrower goes ahead, convert the same project into a full report with the data carried over.
Each order comes with a fee proposed from the program’s fee schedule and the approved amount. You adjust it and approve before anything goes to the borrower.
The report goes out for e-signature from the project, reminders go out automatically, and nothing is sent until every signature is in.
Everyone sees their part of the file. Loan officers get status, not the consultant’s working documents or fees, contractors never see your price comparison, project managers see their own projects, and admins see the whole business.
Roadmap
No. The consultant pays one monthly subscription, based on project volume. The consultant’s own team, inspectors, contractors and the lenders they work with all join at no extra cost. Borrowers never pay for RenoDesk. They pay the consultant for the feasibility study or work write-up, the same as today. Lenders who want draw management after closing will be able to add it with usage-based billing.
RenoDesk covers everything from the lender’s order to the signed report package. Draw management after closing, including draw requests, draw inspections, change orders and exit inspections, is being built during the beta, and founding partners help shape it.
Borrowers pay by card online when they sign the consultant agreement. Payments are processed by Stripe and carry Stripe’s processing fee plus a RenoDesk transaction fee.
All renovation loan types. Reports come with the right form set for FHA 203(k) and 203(k) Limited, or for Fannie Mae HomeStyle and Freddie Mac CHOICERenovation. 203(k) carries the most federal requirements, so it’s the baseline RenoDesk is built around.
Yes. A feasibility study is written up without an on-site inspection. If the borrower moves ahead, convert the same project into a full report and the data carries over.
Yes. RenoDesk runs in the browser on phones and tablets, so inspectors and contractors can work from the field with nothing to install.
Not automatically yet. Founding partners start new projects in RenoDesk, and we’ll work out bringing active files over with you during the beta.
No. RenoDesk is software. Inspections, consulting and every professional judgment on the file stay with you and your licenses.
Founding beta partners
We’re looking for up to three consultants or lenders to run real projects on RenoDesk and tell us what works and what doesn’t. Founding partners keep their subscription free for life. Transaction fees on payments collected through RenoDesk still apply.
Request a beta spotOpens your email with the subject filled in. Tell us your company and your role on the loan.