Helping homeowners finance emergency home repair/replacement projects with fast, affordable home equity loans.
Inglenook Financial provides “Second-Look” financing to non-prime homeowners replacing major home components (HVAC, sewer line, roofing, windows, etc.) purchased via local contractors. Because Inglenook customers have less than perfect credit, traditional financing sources for critical projects is unavailable. Current non-prime financing sources are too expensive and include loan amount and term restrictions that make them unattractive to both homeowners and contractors.
Inglenook provides affordable project financing to these homeowners by allowing them to leverage the growing equity in their homes. Using digital mortgage technology, Inglenook can originate, underwrite and close its fixed-rate 2nd lien mortgage loans in hours, allowing contractors to complete emergency replacement projects the same day.