Best Home Renovation Loan Companies in Troy
- Businesses listed
- 3
- Most-offered services
- Mortgage ServicesLoan ServicesRate Comparison
- What customers praise
- recommend×124highly recommend×62great experience×19helped me×14
Ease Mortgage
Ease Mortgage offers a fast, fully online mortgage application process with a variety of loan options, including renovation loans, FHA, VA, and jumbo mortgages. Customers appreciate the team’s clear communication and helpful guidance, though some note challenges reaching support by phone. Their digital approach aims to simplify home financing from start to finish.
HomeLend USA, LLC
HomeLend USA, LLC offers a wide range of mortgage options, including renovation loans like 203K, with a fast, mostly online application process that often leads to funding within 30 days. Customers appreciate the team’s clear communication, personalized guidance, and ability to navigate complex loans, though some note occasional bumps during the process.
Stateside Lending
Known for its responsive and knowledgeable team, Stateside Lending specializes in helping first-time homebuyers navigate renovation loans with clear communication and smooth processing. Customers appreciate the attentive service and thorough guidance throughout the mortgage process, making complex steps easier to understand and complete.
Troy Home Improvement Loan Statistics
Home-improvement lending in Oakland County and home costs in Troy, MI (latest HMDA and Census data)Lenders made 3,307 home-improvement loans in Oakland County in 2025 (average about $126,000) and denied 1,526 — 32% of decided applications, compared with 33% across Michigan, according to federal mortgage data (HMDA, CFPB). The typical home in Troy was built in 1977 and is worth $420,300 (Census ACS 2020–2024).
- Home-improvement loans, 2025
- 3,307▲ 2%3,246 in 2024
- Denial rate
- 32%MI 33%
- Median year homes built
- 1977MI 1972
- Median home value
- $420,300MI $231,600
- Home-purchase loans made (Oakland County, 2025)
- 14,478
- Refinance loans made (2025)
- 10,740
- Average home-improvement loan
- $126,000 (MI $98,000)
- Owners with a mortgage
- 61% · 18% of them spend 30%+ of income on housing
- Median household income
- $120,045 (MI $72,875)
Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Oakland County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.
Frequently asked questions
8 questionsHow do I choose the best home renovation loan company in Troy?
What services do home renovation loan companies provide?
Are free consultations common with home renovation loan companies?
What questions should I ask a home renovation loan company before hiring?
Do I need a home renovation loan company for my project in Troy?
How long does the home renovation loan process take in Michigan?
How do fees typically work with home renovation loans?
What is the typical interest rate for home renovation loans in Troy?
General information, not financial advice — consult a qualified professional.
Our Methodology
Best 10 renovation loans list assembly and recognition by TrustAnalytica for Troy is based on online reputation backed by review sources as google reviews, TrustAnalytica reviews and more.
We choose the best companies in the location and rank them based on rating, quantity of reviews and verification (Claimed or unclaimed profile).
Rankings are frequently updated to reflect the latest reviews from trusted sources.
Profile verification is free and may improve ranking, as we prioritize accurate, up-to-date profiles that are actively maintained and regularly reviewed.
TrustAnalytica's procedure for listing renovation loans companies involves manual research, review and placement. Please note that some companies are placed here through their registration with our services as every company gets not only access to our Saas services but also a profile that gets listed. We evaluate businesses based on their online reputation, accessibility, online resources such as website and their fit for best 10 renovation loans category.
The Process
Business Verification
Verified renovation loans listings in Troy are based on robust online activity and Google reviews, ensuring credibility.
Business Details
Comprehensive renovation loans profiles offer vital details for informed decisions in Troy.
Reviews And Ratings
Real-time customer ratings guide our renovation loans rankings in Troy, reflecting genuine reputation.
SEO And Keywords
Our SEO strategy elevates the visibility of top renovation loans providers in Troy.
AI Search Visibility
Every renovation loans listing in Troy is published with structured data that AI search tools like ChatGPT, Perplexity and Google AI Overviews can read and cite.