Loan Products
The Dream Fund
For the purchase of an owner-occupied residence.
- Dollar range: $40,000 - $300,000
- Average loan size: $90,000
- Term: 360 months
MRB7
RCLF is an approved lender with MS Home Corporation.
- $7,000 in Down payment assistance is available to eligible borrowers.
Refinance
Owner-occupied Refinance benefits:
- Personal service from a Renaissance Loan Officer
- A mortgage assessment to determine if now is the right time for you to refinance
- Locking in to a fixed-rate
Home Improvement
Owner-occupied Home Improvements:
- Home addition - Imagine life with a sunroom or porch addition—or finally enough bathrooms for everyone.
- Home remodel - Time to update the kitchen or bathroom? Let's do this.
- Going green - Installing efficient appliances is an investment in your future —and everyone's.
- ADA Accessibility - Changes to accommodate for the special needs of the family members.
Business Lending
Terms:
- Working Capital Line of Credit: 12 months, interest payable monthly
- Equipment Financing: Amortized terms up to 5 years of the life of the equipment
- Leasehold Improvements: Amortized terms up to 7 years
- Real Estate: Amortized term up to 20 years
Ineligible:
Renaissance is unable to consider an application that does not include job creation or current job retention. Due to funding restrictions, Renaissance cannot finance casinos, race tracks, liquor stores, massage parlors or financial businesses.
Beyond that, the possibilities are limitless.
Renaissance is unable to consider an application that does not include job creation or current job retention. Due to funding restrictions, Renaissance cannot finance casinos, race tracks, liquor stores, massage parlors or financial businesses.
Beyond that, the possibilities are limitless.
