Senior Full-Stack Engineer
RenoFi is a venture-backed financial technology company helping make home renovations possible.
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 until now, there hasn't been a great way for homeowners to take advantage of this.
To meet this need, RenoFi has created a suite of new financial loan products, called RenoFi Loans, which are based on the expected value of the home post-renovation. By using the After Renovation Value, homeowners unlock the additional equity needed to finance their entire project (sometimes up to 10x the borrowing power) while also ensuring they get the lowest rate possible.
RenoFi is not the lender; instead, we provide the technology platform to power our lending partners in offering RenoFi Loans. Our proprietary Renovation Underwriting Platform is what makes RenoFi Loans possible. We market our loans directly to homeowners and then match them to our lending partners. Our lending partners pay RenoFi for bringing them new customers and to leverage our Renovation Underwriting platform. And because our lending partners pay us, RenoFi is free for homeowners. RenoFi is truly a win-win-win for everyone.
RenoFi is backed by some of the best startup investors in the world including First Round Capital, Comcast Ventures and Canaan Partners.
What you’ll do at RenoFi
We are hiring the first engineers to help us build the products that will help homeowners who come to RenoFi navigate the process of financing their renovation, as well as systems to enable our lending partners. You will have the opportunity to work across these functional areas and our software stack.
This is your opportunity to get in on the ground-floor. You’ll have a ton of impact and help us to define our processes, architecture, platform, and applications. You’ll build the foundational systems that RenoFi will enable us to scale the business.
You should have
- Senior level of proficiency with Ruby or similar language
- Experience shipping well-tested production software
- Experience deploying and maintaining infrastructure with tools like Docker, Terraform, and Kubernetes.
- Strong verbal and written communication skills
We are a globally distributed team
RenoFi is a fully distributed team. Please highlight any prior experience working remotely when applying. US or GMT-adjacent timezones will be prioritized.
RenoFi offers competitive cash and equity compensation. Some benefit offerings will vary from country to country. In the United States, we offer competitive health and retirement plans. All staff across the globe enjoy a flexible vacation policy.