
RenoFi
Curated by SignalConsumer asset-backed loans facilitating home renovation financing for homeowners.
Overview
RenoFi is a financial technology company that focuses on consumer asset-backed loans, specifically aimed at homeowners looking to finance property renovations. The company offers various loan products, including RenoFi Loans, RenoFi Home Equity Lines of Credit (HELOC), and RenoFi Fixed Rate Home Equity loans, which enable homeowners to utilize their anticipated post-renovation home value to increase their borrowing capacity. RenoFi employs artificial intelligence and machine learning to evaluate asset values and assess borrower creditworthiness, which contributes to expedited loan approval processes. The company targets homeowners who may not have enough equity to qualify for traditional loan options and operates an online marketplace that connects users with partner lenders throughout the United States, thereby aiming to improve access to renovation financing.
Key facts
- Founded
- 2018
- Headquarters
- Philadelphia, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 2 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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Open roles
9 rolesMortgage Processor
United States · On-site · Volunteer
Mortgage Product Development Manager
United States · On-site · Volunteer
Mortgage Sales Recruiter
United States · On-site · Volunteer