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Loan Officer

Renofi

Remote Remote permanent

Posted: November 8, 2024

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Quick Summary

Working in sales at RenoFi is a dream come true. You’re the first point of contact for our homeowners, and you’ll only speak with people who have raised their hand and asked for help with a renovation loan.

Job Description

Working in sales at RenoFi is a dream come true. You’re the first point of contact for our homeowners, and you’ll only speak with people who have raised their hand and asked for help with a renovation loan. With a best-in-class product, and more borrowing power than most other lenders can offer, a Loan Officer's job at RenoFi is to make it easy for our Homeowners to say “YES.”

A LITTLE BIT ABOUT YOU:

You’re internally motivated. You’re flexible and adaptable. You’re coachable and implement feedback well. You might make every mistake once, but you try not to make the same mistake twice. You’re a people person and a leader; everyone in your friend group looks for you to take charge.

You’re relentless - hearing the word “no” does not deter you. You know how to multitask, and you can manage the day-to-day of working with dozens of homeowners to help them find the loan that works for them. You know how to follow a process, but you can improve on it as well.

You’re not afraid of being in the trenches, and you’re excited about joining an early-stage company where you can have an outsized impact with outsized upside.


WHAT YOU'LL BE DOING::
• Calling homeowners who have requested more information from RenoFi
• Assisting homeowners with financing solutions for their home renovation projects
• Educating homeowners on the process of obtaining a renovation loan through RenoFi
• Managing the entire renovation loan process, from initial outreach all the way to close
• Working cross functionally with our operations team to ensure loans get processed in a timely manner
• Following the RenoFi sales playbook and processes to achieve quota attainment each month


WHAT WE'RE LOOKING FOR::
• Bachelor’s degree or commensurate lending/real estate experience
• Active NMLS License
• 2+ years as a licensed mortgage loan originator
• Insatiable hunger to learn and master new concepts
• Quick thinker with strong problem-solving ability
• Unrivaled verbal communication skills
• Comfortable working within a CRM-centered, defined sales process. Our team uses Salesforce.


Compensation for this role is commission-only.

RenoFi is committed to building a diverse and inclusive team. We believe various backgrounds and experiences contribute to our mission of transforming the renovation lending industry. If your experience doesn’t perfectly match the requirements, we encourage you to apply anyway and tell us why you’d be a great fit for this role!

ABOUT US:

RenoFi’s mission is to empower every homeowner to be a renovator.

Founded in 2018, RenoFi created the world’s first Renovation HELOC – called the RenoFi Loan. RenoFi Loans enable homeowners to borrow based on the after renovation value (ARV) which dramatically increases a homeowner’s borrowing power by 11x on average, all without having to refinance out of their existing low mortgage rate.

By leveraging RenoFi’s proprietary Renovation Underwriting technology platform, RenoFi provides lending partners with a turnkey solution to offer the best renovation financing solutions in the market.

Over time, RenoFi evolved into becoming the world’s first one-stop-shop for renovation finance, offering every renovation financial product available from renovation home equity loans, to unsecured home improvement loans, to land loans, construction loans and so much more. No one in the country can match the breadth and depth of the renovation solutions available to homeowners through RenoFi.

To date, RenoFi has helped finance over $1 billion in renovation projects and is backed by leading investors including Fifth Wall, Canaan, First Round Capital, and TruStage Ventures. Learn more at www.renofi.com.

READ MORE ABOUT RENOFI

• Why we founded RenoFi
• RenoFi's feature in HousingWire
• RenoFi in TechCrunch

WHY RENOFI?

Since our founding in 2018, RenoFi has been built with a strong remote culture at its core. We set out from day 1 to build a remote-first organization, purposefully designing a work culture that you’ll love to be a part of.

We’re proud that our team spans time zones and nationalities, and we’re committed to ensuring every team member feels connected and supported. What unites us is a shared mission to make renovations possible for every homeowner with simpler and smarter home renovation financing solutions.

We offer:
• Competitive cash and equity compensation
• Health, retirement, and other country-specific benefits
• Flexible vacation policy

#LI-Remote

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