Renovo Financial for Wisconsin investors
Renovo Financial is the largest Chicago-based hard money lender. Founded 2011, they've closed thousands of loans across the Midwest and have particularly deep penetration in Chicago, Indianapolis, and Milwaukee. Strong relationships with the local broker community make them a default first-call for many Chicago investors.
Wisconsin context
Wisconsin strong duplex and multi-unit DSCR. Property tax burden meaningful.
How Renovo Financial positions in Wisconsin
Wisconsin is well covered by national DSCR lenders, with Renovo Financial as one option. Where Renovo Financial differentiates: Chicago-based — strongest local market knowledge. Where it competes: rates 9.5 to 12.5 percent against peer programs.
City-level coverage in Wisconsin
Renovo Financial provides DSCR coverage across Wisconsin metros including Milwaukee, Madison, and Green Bay. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Renovo Financial program terms apply uniformly across Wisconsin metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, new-construction, bridge, rental, multi-family |
| Loan size | $100K - $5.0M |
| Rates | 9.5%-12.5% |
| Points | 1 - 3 |
| Max LTV | 85% of ARV |
| Term lengths | 6-24 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
| Wisconsin property tax | 2.1% |
| Wisconsin state income tax | 7.65% |
Renovo Financial strengths in Wisconsin
- Chicago-based — strongest local market knowledge
- experienced underwriting team
- national reach with local depth
- strong fix-and-flip program
Ideal borrower: Experienced Chicago-area investor doing 2+ deals/year on SFR or 2-4 unit projects
FAQ
Likely; verify direct Wisconsin coverage. Renovo Financial is based in Chicago, IL and operates in Chicago / national.
Milwaukee is the top investor market in Wisconsin and is generally within Renovo Financial Chicago / national footprint. Milwaukee property tax follows the Wisconsin state rate of 2.1 percent. Renovo Financial typically underwrites Milwaukee acquisitions at standard rate sheets.
Yes. Madison ranks among the larger Wisconsin investor metros and sees consistent DSCR loan volume from Renovo Financial. Submarket variation within Madison matters for property selection.
Renovo Financial applies the same rate sheet across Wisconsin metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Milwaukee, Madison, and Green Bay all qualify for the same Renovo Financial program.
Renovo Financial indicative DSCR rate range is 9.5 to 12.5 percent with 1 to 3 points.
Wisconsin strong duplex and multi-unit DSCR. Property tax burden meaningful. Renovo Financial follows standard business-purpose loan structures.
Renovo Financial funds fix-and-flip, BRRRR, new-construction, bridge, rental, multi-family in Wisconsin.
Wisconsin allows standard DSCR prepay structures; Renovo Financial typically uses 3-5 year step down.
Renovo Financial typical close: 7-14 days typical.
Bottom line
Wisconsin investors considering Renovo Financial should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Renovo Financial.