mortgage broker near me Equity Release/Top-up Home Loan: This is a popular choice for borrowing money to fund renovations. It involves borrowing against the current value of your home, excluding any value added by the renovations. If you own your home outright, you can typically borrow up to 80% of its value. Suppose your home is valued at $500,000, and you own it without any existing mortgage. In this case, with the help of Ingenious Finance, you could borrow up to $400,000 (80% of $500,000) for your renovation project. https://ingenious-finance.com/home-improvements-and-renovations/