Renovate Without the Hassle: Synovus Makes Luxury Home Upgrades Effortless

You've finally decided to turn your charming but outdated beach house into the luxury retreat you envisioned. Or maybe you're ready to move forward with that long-awaited gourmet upgrade of the kitchen in your primary residence.

Your excitement grows — until the reality of juggling contractors, inspections, budgets and endless calls sets in.

Suddenly, your dream renovation feels like a second job. Here's how a Synovus renovation loan can help.

Synovus Renovation Loans

It doesn't have to be this way. With a Synovus renovation loan, your ambitious project becomes attainable within the constraints of your busy life, thanks to streamlined financing and expert oversight at every step.

Synovus handles the complex details – such as working directly with clients and contractors during the entire process – ensuring a smooth, professionally managed renovation experience so you can focus solely on seeing your vision come to life.

Unlike standard HELOCs or home equity loans, Synovus’s specialized renovation loan is designed specifically for homeowners planning renovations between $250,000 and $1.5 million.

It’s customized to homeowners who want to do substantial enhancements to their homes without the hassles typically associated with major renovations.

This loan acts as a second mortgage, specifically structured around your renovation needs. This unique loan taps into the equity of your home based on the projected post-renovation value.

That enables you to get funding that matches your future home's worth, not just its current valuation.

A Dedicated Synovus Construction Department

After your loan application is seamlessly approved online, a dedicated Construction Lending team within the Synovus Mortgage department steps in. They work closely with you and your selected contractor throughout your renovation project.

Synovus allows you complete freedom to choose the builder or contractor that can fully customize your project to your specific needs to achieve your unique vision.

Once you've selected that contractor, Synovus completes a simple builder acceptance process, verifying they meet necessary requirements to ensure the outcome you expect.

Renovation Experts Who Stay by Your Side

The Synovus Construction Lending team consists of experienced specialists whose sole focus is managing your renovation and construction projects. They start by providing upfront seed money for initial supplies and permits.

They continue working directly with your contractor, making progress payments directly to them based on inspections and completed, code-compliant work. 

Synovus acts as your personal renovation concierge. Our rigorous inspection process helps ensure all work meets the highest standards before any payments are issued.