Solar and home-improvement lenders use HomeQuotr to validate install costs against real permits. Scale at $4,999 a month ships BLS-normalized medians on CPI, material, and labor that reset against inflation in real time. Verisk-class data is procurement-locked for years and procurement-scaled for billions in book. HomeQuotr signs in 30 to 45 days.
Validate Renovation Loan Amounts Against Real Permit Costs
Borrowers submit contractor bids with no independent validation. HomeQuotr gives underwriters city-level cost benchmarks sourced from government permits to flag overfunded loans before they close.
Start free with 500 Sandbox calls per month, Dallas only. Corporate email required. See it in action ↓
Every inquiry routes to Kevin. Response within 1 business day.
The asymmetric play
Why Solar and Home-Improvement Lenders Buy HomeQuotr.
Install-cost validation built on contractor-self-reported quotes inflates loan sizing. At portfolio scale, that is adverse selection priced in.
Verisk-class data is procurement-locked for years and procurement-scaled for billions in book. HomeQuotr Scale at $4,999 a month ships BLS-normalized medians that reset against material and labor inflation in real time.
Recommended Tier
Start with Scale
Mid-market solar and home-improvement lenders typically start at Growth or Scale. Scale at $4,999 a month adds CPI, material, and labor MSA-normalized medians for inflation-resistant loan sizing. National lending platforms move to Scale or Enterprise for unlimited call volume and SLA coverage.
Every inquiry routes to Kevin. Response within 1 business day.
The Problem
Renovation Loans Are Underwritten Without Cost Validation
Lenders approve renovation budgets based on contractor bids alone. Without an independent cost reference, overfunded loans increase default risk.
Borrowers submit contractor bids with no independent validation
A borrower's contractor quotes $22,000 for foundation repair. The underwriter has no way to know if that price is reasonable for the metro without calling other contractors.
203k and HELOC underwriters rely on outdated cost guides
Cost guides used in renovation lending are often 12 to 18 months behind the current market. In a volatile construction market, that lag creates real exposure.
Overfunded loans increase default risk
When the approved renovation budget significantly exceeds actual market costs, the excess funds create misaligned incentives and higher loss-given-default for the lender.
The Solution
HomeQuotr in Your Workflow
See how permit-sourced benchmarks flag overfunded renovation loans at the point of underwriting.
Bid exceeds 75th percentile by
$9,200 above market benchmark
+$13,800
168% above median
Free Sandbox for evaluation. Corporate email required.
Use Cases
What You Can Build
Add HomeQuotr benchmarks to your underwriting workflow in one API call.
Automated Bid Validation
When a borrower submits a contractor bid, automatically compare the total against the permit-sourced median for that trade and metro. Flag bids above the 75th percentile for manual review.
Cost Reasonableness Checks
Build automated cost reasonableness checks into your underwriting workflow. Set thresholds by trade and metro to catch overfunded renovation budgets before loan approval.
Portfolio Risk Monitoring
Track how renovation costs evolve across your loan portfolio by metro. Use quarterly permit data refreshes to update risk assumptions and identify markets with cost volatility.
Tier-gated fields
The Fields a Loan-Sizing Model Can Defend.
Median plus 95% confidence interval at Growth+. CPI, material, and labor MSA-normalized medians at Scale+ for inflation-resistant loan sizing.
curl https://api.homequotr.com/v1/pricing/foundation/boston \ -H "X-API-Key: hq_live_a1b2c3d4..."
{ "data": { "trade": "foundation", "city": "Boston", "state": "MA", "median_price": 8200, "confidence_interval_low": 7980, // Growth+ "confidence_interval_high": 8420, // Growth+ "cpi_normalized_median": 8350, // Scale+ "material_cost_indexed_median": 8480, // Scale+ "labor_rate_msa_indexed_median": 8290, // Scale+ "permit_count": 3847 }, "meta": { "last_updated": "2026-04-08", "data_source": "municipal_permits" } }
Full field reference, including tier gating per field, is in the API documentation.
5.7M permits, 100 metros, 6 trades. See methodology →
Pricing
Start Free, Scale When Ready
Every plan covers all 6 trades and 100 U.S. cities.
Upgrade or cancel anytime.
Starter
$799/mo
10,000 calls/mo
Growth
$2,499/mo
50,000 calls/mo
Recommended for LendersScale
$4,999/mo
150,000 calls/mo
Enterprise
$7,499/mo
Unlimited
No commitment. Cancel anytime. Annual billing saves 2 months.
Renovation Lender Questions
Compliance, automation, multi-trade projects, and how HomeQuotr handles thin-data markets.
Is this data defensible for compliance purposes?
Yes. Every data point traces back to a government building permit filed with a city or county. The API response includes permit count, data source, and last-updated timestamp for audit trails.
What about thin-data cities?
Cities with fewer than 30 permits for a trade show state-level aggregate pricing instead. The API response includes the geographic scope so your system knows the data level.
Can we automate bid validation?
Yes. The API is designed for automated workflows. Most lenders integrate HomeQuotr into their underwriting platform and set per-trade, per-metro thresholds for automatic flagging.
How do you handle multi-trade renovation projects?
Make one API call per trade. A renovation project with foundation, electrical, and plumbing work requires three calls. Each returns independent pricing for that trade in that metro.
Every inquiry routes to Kevin. Response within 1 business day.