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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Homeowner reviewing renovation plans with a contractor while discussing a home improvement project.

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
home-checking
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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.​​