How contractor partnerships are transforming mortgage opportunities
In December 2025, Scotsman Guide published a bylined article by Mike Petrakis, founder and CEO of PowerPay, examining how contractor–lender partnerships are changing the way homeowners finance renovation projects.
The article looks at how financing has become an integral part of the renovation journey. Rather than focusing solely on interest rates or upfront cost, omnichannel financing models are shifting the conversation toward affordability. This model helps homeowners evaluate projects through manageable monthly payments and clearer expectations.
The piece also explores how closer collaboration between contractors and lenders improves outcomes across the ecosystem and creates a more seamless experience for borrowers through:
- Faster decisioning
- Integrated point-of-sale financing
- Better alignment between project scope and payment options
At the same time, these partnerships support contractor growth and lender performance in an increasingly competitive market.
As home improvement projects grow in size and complexity, the article underscores why contractor–lender partnerships are playing a critical role in making value-adding renovations more accessible, transparent, and financially sustainable for homeowners.
We encourage you to read the full feature on Scotsman Guide for the complete perspective: https://www.scotsmanguide.com/news/how-contractor-partnerships-are-transforming-mortgage-opportunities/