Your renovation shouldn't wait for your equity to catch up.

Borrow against what your home will be worth after the work—and fund the whole project, not just a phase.
Apply for a Renovation HELOC
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A woman holding paint color swatches and a smartphone, standing beside a step ladder and paint cans against a bright blue background.

What is a Renovation HELOC?

Finance your renovation on your home's future value, not yesterday's.

Look into renovation financing and you hit the same wall: lenders only lend against what your home is worth right now. 

Quorum’s Renovation HELOC uses your home's after-renovation value (ARV)—what it is worth once the work is complete—to determine your credit line. That's how you fund the full scope, instead of having to scale the project down to fit your current equity.

Smiling couple sitting on the floor reviewing home renovation blueprints with paint swatches and a coffee mug, surrounded by paint cans and a ladder.

What are your renovation challenges?

Designed for homeowners planning renovations on their terms.

Features that fund the full vision.

Apply now
More borrowing power, flexible terms, no refinancing required—built to go beyond a traditional home equity product.

Borrow based on after-renovation value (ARV)

Your credit line is based on your home's post-renovation value, so bigger projects are fully funded.

Up to 95% LTV

Paired with ARV based borrowing, that's maximum borrowing power for the work you're planning.

640 Minimum FICO

Common sense underwriting puts financing within reach without the perfect credit score.

10-year flexible draw period¹

Pull funds as you go. Ideal for phased work or costs that show up mid-project.

20-year repayment period¹

A longer runway keeps monthly payments manageable.

No mortgage refinancing

Keep your current mortgage rate and skip the added PMI cost.

Apply online in minutes, not weeks.

Start your application, upload documents, and track every step in real time.

Not yet a Quorum member?

As with any credit union, membership is required in order to take advantage of credit union products and services. Membership is free and included in the online application.

  1. Apply online and upload required documents in one secure platform. In addition to the standard information you need when applying for any HELOC, you'll need to provide the contractor’s information, cost estimate, renovation plans and drawings, and preliminary renovation contract. 

  2. Close: As soon as you've been approved and satisfied all loan conditions, we'll set up your closing appointment.

  3. Access funds: After closing, your funds will be available to use however you choose, instantly2!

Apply now
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MOBILE BANKING APP

Your HELOC at your fingertips.

Access your funds instantly, make loan payments, view statements—all in one app.

Apply now
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HELOC CHECKING OFFER

Instant access to HELOC funds + a $300 bonus.

Open a QClassic Checking and access up to $50K2 of your HELOC funds instantly!

Here's how: 

  1. Once your Quorum account is opened, log in to your account.

  2. Go to Open > Checking/Savings, then choose QClassic.

  3. Follow the steps and hit Submit.

As soon as your loan closes, you’ll be able to draw up to $50K of your HELOC funds instantly!

To get the $300 bonus3, simply set up qualifying direct deposits totaling $5,000 within 90 days.

Open QClassic
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Renovation HELOC FAQs

What our members say.

"We were able to close my HELOC very quickly, and I was kept up to date the entire way through. I highly recommend Quorum for your HELOC needs!"
Monica S.
" had a wonderful experience working with Quorum to get a HELOC. The team were a joy to work with. They provided prompt responses to our questions, step-by-step instructions, and showed great attention to detail throughout the process."
Arden M.
"My husband and I both work in the mortgage business, so needless to say, we are picky about the HELOC process, because we know how it should be! The process with them was flawless, the tech platform was user-friendly, the communication was stellar, and they offer a very competitive HELOC."
Jennifer A.
"Quorum was very responsive and clear about everything from the beginning. When the application ran into issues, they went above and beyond to make sure I had all the exceptions and approvals in place for a smooth release of funds."
Nikhil B.

Let's connect.

Complete the short form below, and we'll connect you with the right team to help move things forward.
Disclaimers

1Renovation HELOC: The Annual Percentage Rate (APR) is as low as 6.625% as of 07/01/2026 and subject to change. The Floor Rate is 4.95%. Maximum APR is 18.00%. The APR is a variable rate, plus or minus a margin, and is based on the Prime rate (index – as published in The Wall Street Journal) plus a margin. The margin is determined based on credit history, loan amount and combined loan-to-value (CLTV) ratio. Rate will not increase or decrease more than 2% annually. A home equity line-of-credit is secured by the member’s home and is available only for 1-2 family residential properties and condominiums, excluding co-ops. Minimum line-of-credit amount: $50,000. No draw required at closing. No application or termination fees; appraisal fee varies. Click here for the Fee Schedule. No pre-payment penalty. Mortgage tax may apply in some states. This Home Equity Line-of-Credit is not available in TX. All loans are subject to credit approval.

 

2Instant Access and Hold Policy​: When you transfer funds from your Home Equity Line of Credit (HELOC) to your QClassic or QBoost checking account, you may be eligible for instant access to up to $50,000, subject to the following terms:​

If you select a QBoost or QClassic checking account for your transfer, you will have immediate access to up to $50,00 of the transferred amount.​ Hold on Remaining Funds: Any amount over $50,000 will be subject to a 3-4 business day hold before being available for use. Transfers to Ineligible Accounts: If you transfer funds to a checking or savings account that is not a QBoost or QClassic checking account, the full draw will be subject to a 3-4 business day hold.​



3$300 Incentive: This offer is available to any current Quorum member who opens a QClassic checking account and receives cumulative direct deposits totaling $5,000 within 90 days of account opening. Qualifying direct deposits must be electronic deposits of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Person-to-person payments (such as Zelle®) and micro-deposits (typically less than $1 used for account verification) do not qualify.

This offer is limited to one incentive per member, 2 per household, regardless of the number of accounts opened. Members who currently own a Quorum checking account, or who have closed a Quorum checking account within the past 12 months, are not eligible for this offer. Members switching from any existing Quorum checking account to a QClassic are also not eligible.

The $300 incentive will be deposited into your new account 30 days after the last qualifying deposit is received. The enrolled account must not be closed or restricted at the time of payout.

There is no minimum account duration requirement and no monthly fee. The incentive is considered a dividend and will be reported as income to the IRS. Members are responsible for any applicable taxes. Offer availability subject to change at any time without notice.​