We believe that if you make improvements to your home that change its value, you should get all the benefits. That’s why we use a tool called a Remodeling Adjustment.
To use the Remodeling Adjustment, you need to work with licensed contractors and fully document the project. We use an independent appraiser to determine how the work changed the value of your home, making sure you receive full benefits. It's always a good first step to reach out to our team when you're thinking about a project, as not all improvements add value. For HomeOwner customers the remodeling adjustment is only valid if the agreement is ended after the first five years (but can be applied to work that is done at any time). Some programs may be subject to additional restrictions, which your Program Specialist will always inform you of.