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Investors searching Renovo Financial vs Jaken Finance Group want clarity on leverage, close speed, and whether national scale or focus-market depth fits their next fix-and-flip or BRRRR bridge file.
Renovo Financial (Chicago-based, national footprint) built a large-scale fix-and-flip and rental lending platform with published experience tiers. Jaken Finance Group built metro-specific investor hubs with worked economics in Chicago, Charlotte, Tampa, Indianapolis, and the DMV.
Compare Renovo and Jaken Finance Group using the same completion budget and cash reserve. Ask for a written explanation of interest accrual and extension terms. An advertised rate alone cannot establish which offer costs less over the project.
Author: Jason Taken, Principal · Related: Kiavi alternatives · Lima One vs Jaken Finance Group · Best hard money lenders 2026
Side-by-side program market overview (2026)
| Factor | Jaken Finance Group | Renovo Financial (public positioning) |
|---|---|---|
| Primary focus | Non-owner-occupied investment RE | Fix-and-flip + rental portfolio nationally |
| Geography | Focus states + DC/DMV depth | National scale (Chicago HQ) |
| Close speed | 7–10 business days on qualified HM files | Varies by file; institutional process |
| LTC / leverage | Up to 100% of cost on qualified files, capped at 75% of after-repair value | Published tier programs — verify current |
| Rental / DSCR | State + metro DSCR hubs, calculator | Established rental and portfolio programs |
| Local content | Metro hubs, neighborhood spokes, case studies | National marketing; less neighborhood depth |
| Best fit | Sponsors who want local comp discipline in focus markets | Sponsors scaling multi-state with published grids |
When Jaken Finance Group may fit better
Chicago two-flat or collar county BRRRR — RLTO, Cook County tax reassessment, and collar vs city NOI are documented on Illinois hubs and Chicago fix and flip. National grids may not surface RLTO expense in pro forma conversations.
Florida coastal insurance — Wind and flood tiers swing DSCR by parcel. Jaken Finance Group publishes Florida DSCR insurance impact and metro spokes with address-level diligence checklists.
If a DC project may become a rental, review the sale and refinance exits before selecting the bridge term. Check the rowhouse work schedule first. Investors comparing a Maryland hold can also review Bethesda DSCR financing with that property’s tax bill and lease data.
Before accepting a loan, write down the evidence needed for its exit. Review Petworth alongside Park Circle for project context. The Fountain Square and Greenville Nicholtown discussions can help you prepare questions about rent, value and refinance timing.
When Renovo Financial may fit better
Multi-state portfolio at scale — If you fund simultaneous projects across many states and value standardized experience tiers, Renovo’s national footprint and rental heritage may reduce friction.
Published product grids — Sponsors who want predictable LTC/LTV matrices by experience score without metro-specific nuance often prefer institutional grids.
Rental-first strategy — Investors building large rental portfolios nationally may prioritize Renovo’s rental brand depth over regional boutique focus.
Experience tiers — grids vs boutique underwriting
National lenders like Renovo publish experience-based leverage tiers. Sponsors with documented closed deals climb tiers and unlock higher LTC on repeat files. That helps multi-state operators who want predictable matrices.
| Sponsor profile | Typical Renovo fit | Typical Jaken Finance Group fit |
|---|---|---|
| 10+ closed flips nationally | Grid LTC by tier | Focus-market file with local comp packet |
| First Chicago two-flat | May hit experience minimums | Chicago two-flat guide + RLTO math |
| Rental portfolio 20+ doors | Rental + refi product depth | Focus-state DSCR with metro insurance guides |
| Single Tampa coastal flip | SFR template | Florida insurance impact diligence |
Bridge underwriting checklist — apply to any Renovo term sheet
Before you sign either lender’s term sheet, model these line items on identical scope:
- Interest rate — IO bridge; confirm float features if any
- Origination points — on total loan amount, not purchase price alone
- LTC cap — experience tier and property-type restrictions
- Extension fees — if DOM runs past initial term
- Minimum interest — 3–6 months common on institutional bridge
- Draw inspection lag — who schedules, who pays re-inspection
- Plan B DSCR — if flip spread thins, does permanent debt clear 1.10–1.25 at 70%–75% LTV?
IO carry example: $306,000 loan at 10.99% for 6 months ≈ $16,800 — add to your flip pro forma before you compare Renovo Financial and Jaken Finance Group quotes.
Get a Jaken Finance Group quote on your file
| Factor | Jaken Finance Group | Renovo Financial |
|---|---|---|
| Fix-and-flip rate | 8.99%–13.5% IO | Quote-based — verify current sheet |
| Max LTC | Up to 100% of cost, capped at 75% of after-repair value | Experience-tiered |
| DSCR exit | 5.75%–10.5% | Rental portfolio programs |
| Close speed | 7–10 business days | Varies by file complexity |
| Geography | Focus metros + 50 states | National scale |
Worked example on identical $285K purchase / $55K rehab / $420K ARV Chicago file:
| Line | Jaken Finance Group (illustrative) | Renovo (illustrative) |
|---|---|---|
| LTC loan | $306,000 at 10.99% | Tier-dependent |
| Points | 2–3 | Verify current |
| 6-month carry | ~$16,800 | Varies |
| DSCR refi at 75% ARV | $315,000 at 7.25% | Rental program |
Compare also: RCN Capital alternatives · Lima One vs Jaken Finance Group · fix and flip calculator
Put both quotes on one cost stack
The $285,000 purchase sketch higher on this page already shows a 90% cost loan. That structure can be inside the rules. It is not the ceiling. On a qualified Jaken Finance Group fix-and-flip, the loan is the lower of 100% of cost and 75% of after-repair value. Term is 6–12 months. The close is 7–10 business days on a complete file. The rate band is 8.99%–13.5% interest-only. Bridge loans use the same rate band, run 12–24 months, and can reach 90% of the purchase price, with the same 7–10 business day close.
Renovo Financial’s current points, rate, and tier grid are not copied here. Their public materials describe a national fix-and-flip and rental platform. Ask them for today’s sheet. Compare that sheet to a Jaken Finance Group term sheet on the same scope. A lower advertised rate loses if the loan is smaller or the draw takes three extra weeks.
Illustration: when the value cap cuts the loan
Example only. Not a quote from either lender.
| Line | Amount |
|---|---|
| Purchase | $410,000 |
| Rehab | $70,000 |
| All-in cost | $480,000 |
| Planned after-repair value | $640,000 |
| 100% of cost | $480,000 |
| 75% of $640,000 | $480,000 |
| Loan if the caps tie | $480,000 |
Interest-only at 9.99% for seven months is $480,000 times 0.0999 times 7/12. That product is $27,972. Two points are $9,600. Combined, this sketch costs $37,572 before taxes, insurance, and utilities.
If the after-repair value comes in at $600,000, 75% is $450,000. Cash in rises by $30,000 because cost is still $480,000. The sponsor who only compared rates will miss that $30,000. Put it on both term sheets before you pick Renovo Financial or Jaken Finance Group.
A sale is not the only exit. Cash-out on a DSCR loan is up to 80% for a qualified borrower. Eighty percent of $640,000 is $512,000. That covers the $480,000 bridge in this sketch, with $32,000 left before refinance costs. The DSCR rate would fall somewhere in 5.75%–10.5%. The close is about 14 business days, not 7–10. Leases and seasoning still have to pass.
Illustration: a draw schedule, not a lump sum
Example only. Not a quote. Rehab holdbacks are released as work is inspected. The interest sketch below assumes interest on the amount funded, which is the question to confirm on any Renovo Financial or Jaken Finance Group term sheet.
| Month | Funded balance | What the inspector should see |
|---|---|---|
| Close | $410,000 purchase | Deed, title, and insurance |
| Month 1 | $430,000 | Demo and rough mechanicals, $20,000 drawn |
| Month 3 | $460,000 | Drywall and kitchen, another $30,000 |
| Month 5 | $480,000 | Final $20,000 after the punch list |
The purchase is $410,000 and the rehab is $70,000, so the full $480,000 matches the value-cap sketch above. It is not all outstanding on day one. If you model six months of interest on $480,000, you overstate the carry whenever draws are late. If the lender charges interest on the full $480,000 from day one, you understate the carry by using this table. Write the accrual rule in the margin of both quotes.
A failed inspection adds a week and a re-inspection fee. Budget one miss on a house this size. Jaken Finance Group’s close is still 7–10 business days once the acquisition file is complete. The draw clock after closing is a different timer. Renovo Financial’s inspection vendor and lag belong on the same line of the worksheet. The cheaper rate is not cheaper if month-three funds arrive in month five and the listing date slips into an extension.
The homeowner rate is only a benchmark
On the October 1, 2026 Primary Mortgage Market Survey, the average 30-year fixed rate was 7.28%. That reading was up from 7.03% the week before. A year earlier the 30-year average was 6.34%. Fifteen-year loans averaged 6.60%, compared with 6.42% the prior week and 5.55% a year earlier. Source: Freddie Mac PMMS. An 8.99%–13.5% bridge sits above that survey on purpose. You are paying for a business-purpose close and for rehab holdback, not for a 30-year owner-occupied mortgage.
Finished flips still have to find a buyer. Census and HUD put privately owned housing completions at a 1,128,000 seasonally adjusted annual rate in August 2026. Their September 17, 2026 release said that pace was 27.1% under the August 2025 rate of 1,548,000. The margin on that yearly change was ±8.9 percentage points. Permits ran at 1,394,000, which the release described as 3.5% above the August 2025 pace of 1,347,000. The PDF is the August 2026 new residential construction release. Use the completion drop as a reason to model a longer listing. Do not use it as a promise that your resale price will rise.
Questions that are about the file
- Does the loan fund purchase and rehab, or purchase only?
- Who orders the draw inspection, and who pays for a failed one?
- What is the extension fee if the house is listed and unsold at month six?
- Is there a minimum interest charge if you sell in month three?
- Will the same firm look at a DSCR refinance if you keep the house?
- Are two-flats, coastal insurance, or row homes priced like a suburban ranch?
Jaken Finance Group publishes metro notes for Chicago, Florida insurance, and DMV timelines because those files are not ranch-house math. A national grid can still win a simple single-family rehab in a state you do not visit. Sophisticated borrowers keep both relationships and send each deal to the desk that fits the asset. Reach Jaken Finance Group at (833) 264-7776 or start a file online.
Get a Jaken Finance Group quote on your file
Pre-qualify online · (833) 264-7776 · Interest rate bands
Rates, terms and conditions offered only to qualified borrowers and are subject to change at any time without notice. Competitor names referenced on this site are trademarks of their respective owners; comparisons are editorial and not endorsements.