Financing the Future of Home Improvement with Mike Petrakis

In this episode of PlotLines, we sat down with Mike Petrakis, Founder and CEO of PowerPay, who has built one of the nation’s fastest growing fintech platforms for consumer lending. From starting with a single loan to funding billions of dollars in renovation projects, Mike has seen firsthand how financing is reshaping the way people improve and invest in their homes.Mike explains how high mortgage rates and limited housing supply have led many families to stay put and renovate instead of move. Financing is now being used for more than urgent repairs but also for lifestyle upgrades, from kitchens and bathrooms to energy efficient systems. He shares why lending today is a powerful tool that gives homeowners more choice.The conversation explores how AI is helping streamline processes from underwriting support to compliance, enhancing speed and efficiency of the financing experience, and what contractors and business owners should know before offering financing. Whether it is a roof repair, a dream renovation, or a long term plan to age in place, Mike’s insight is a must listen for anyone curious about the future of consumer lending and embedded finance.