NAICS Code 522310-05 - Remodeling Loans

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 522310 - Mortgage and Nonmortgage Loan Brokers - 253 companies, 1,721 emails.

NAICS Code 522310-05 Description (8-Digit)

Remodeling Loans is a subdivision of the Mortgage and Nonmortgage Loan Brokers industry that specializes in providing financing for home renovation projects. This industry involves facilitating loans for homeowners who are looking to remodel their homes, whether it be for aesthetic purposes or to improve functionality. Remodeling Loans can be used for a variety of projects, such as kitchen and bathroom renovations, room additions, and outdoor living spaces.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 522310 page

Tools

Tools commonly used in the Remodeling Loans industry for day-to-day tasks and operations.

  • Home renovation software
  • Laser level
  • Power drill
  • Circular saw
  • Jigsaw
  • Tile cutter
  • Paint sprayer
  • Air compressor
  • Hammer drill
  • Oscillating multi-tool
  • Reciprocating saw
  • Wet/dry vacuum
  • Measuring tape
  • Chalk line
  • Utility knife
  • Pry bar
  • Safety glasses
  • Work gloves
  • Dust mask

Industry Examples of Remodeling Loans

Common products and services typical of NAICS Code 522310-05, illustrating the main business activities and contributions to the market.

  • Kitchen remodel
  • Bathroom renovation
  • Basement finishing
  • Room addition
  • Deck construction
  • Patio renovation
  • Roof replacement
  • Window replacement
  • Flooring installation
  • Landscaping renovation

History

A concise historical narrative of NAICS Code 522310-05 covering global milestones and recent developments within the United States.

  • The "Remodeling Loans" industry has been around for decades, with the first remodeling loans being offered in the mid-20th century. However, it wasn't until the 1980s that the industry really took off, with the introduction of home equity loans and lines of credit. These loans allowed homeowners to borrow against the equity in their homes to fund remodeling projects. In recent years, the industry has seen a shift towards online lending platforms, making it easier for homeowners to apply for and receive remodeling loans. In the United States, the industry has also been impacted by the 2008 financial crisis, which led to a tightening of lending standards and a decrease in the number of loans being issued.