Sr. Loan Officer

As a Senior Loan Officer with RenoFi, you’ll have the opportunity to originate the entire spectrum of mortgage loan products including our RenoFi home equity renovation loans. Production will come from a combination of self-sourced and company-generated leads. With home equity and renovation lending at all-time highs, this is the perfect time to be a RenoFi LO.

A LITTLE BIT ABOUT YOU

You are a seasoned mortgage professional with a wealth of knowledge and are fired up for the opportunity which exists in front of you today. You have renovation lending experience and love the idea of building your business around that pillar.  You don’t give the negative headlines a second of your time, because you know that if you plan your work and work your plan, you’ll be successful in this business.

WHAT YOU’LL BE DOING

As a Senior Loan Officer at RenoFi, you’ll spend your days assisting homeowners with financing solutions for their home renovation projects. Your book of business will primarily be from your own self-sourced referral generating efforts with some additional internally-generated leads from RenoFi.

WHAT WE’RE LOOKING FOR

• Minimum three years of mortgage origination experience
• Existing knowledge of Renovation loans (203k, Homestyle, etc.)
• Construction Lending experience preferred
• Ability to analyze and comprehend complex financial data and provide mortgage loan options
• Current NMLS License (multiple states preferred)

We are committed to hiring and cultivating a diverse team. If you are uncertain about whether you meet our requirements, please apply anyway!

ABOUT US

The demand for home renovations has never been stronger, yet, it’s surprisingly difficult for a new homeowner to renovate. It can take a decade to build up enough home equity and savings to pay for a major renovation. As a result, recent homeowners do a lot of financially-suboptimal things to compensate like borrow from their 401k, rack up credit card debt, and use high-interest personal loans. Or they just live unhappily for years in a home that doesn’t meet their family’s needs. But by completing a major renovation, homeowners are increasing the value of their home. Professional real estate investors leverage this After Renovation Value (ARV) to roll the increase in value into new properties all the time. But there hasn’t been a great way for homeowners to take advantage of this. If homeowners had an ability to borrow against the ARV, they could increase their borrowing power up to 10x. To meet this need, RenoFi created a platform that enables homeowners to borrow funds from RenoFi approved lenders in the form of the first home equity loan purpose-built for renovations! Unlike standard home equity loans, RenoFi Loans use the value of your home post-renovation which lets you borrow the most money at the best possible terms.  RenoFi is creating a full suite of renovation loan products to better suit the needs of today’s homeowners! For homeowners, RenoFi makes it possible to renovate years earlier than might be otherwise feasible. For contractors, we empower the financing of renovations at the point of sale, reducing instances of scope reduction, and ensuring prompt payment. Our lender partners, most often credit unions, rely on RenoFi’s platform to generate loans, create efficiencies, and grow membership. The lenders pay RenoFi for the new loans, which allows us to offer our services to homeowners for free. RenoFi is truly a win-win-win for everyone involved. RenoFi is backed by some of the best startup investors in the world, including First Round Capital, Comcast Ventures, and Canaan Partners. apply to this job