After renovating your home, the value should increase. Therefore, you can see how it would make sense to lend money based on a future value. Specifically, renovation loans do allow homeowners to borrow money based on a future value. Some renovation loans that use future value are RenoFi Loans, Construction Loans, Fannie Mae Homestyle Loans, and FHA 203ks. Quite a bit of work can go into securing one of the loans. You'll need to have your proposed renovations drawn up so the lender can predict the future value. For homeowners that already own a home and just want to make a few renovations, an unsecured home renovation loan may be an easier route.