Renovo Financial is a rapidly-growing private lender headquartered in Chicago, serving real estate investors acquiring and renovating single family and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s “win-win” solution-oriented approach is why our repeat and referral rates far exceed the lending industry average. Renovo is honored to have been named multiple times as one of Crain’s 50 fastest-growing Chicago companies.
Positions available in Atlanta, Nashville, Charlotte, Austin, Fort Worth, New York, Minneapolis and Indianapolis.
The VP of Lending focuses on building a book of business and on-boarding new clients. The VP of Lending comes up with creative solutions to make our customer’s dreams come true. Day-to-day, you will capture the structure and context of each deal and work closely with Renovo’s loan processors to ensure your deals can be efficiently processed and underwritten.
The VP of Lending is responsible for effectively serving existing clients, continuing to grow strategic relationships, and growing a book of business with new customers. The VP of Lending will work closely with a team that properly sets expectations, hustles hard, and enjoys celebrating success.
The Production Assistant is the main support and leverage for top-performing VP’s of Lending. You will gather, organize, and maintain up-to-date loan files for the VP’s book of business. You will capture the structure and context of each deal and work closely with Renovo’s loan processors to ensure the deals can be efficiently processed and underwritten. Your success in this role provides the leverage a VP needs to effectively serve current customers, continue to grow strategic relationships, and bring in lots of new business. In addition to the VP of Lending, you are the main point of contact for customers as you help them through the loan process. You are the glue between Processing and the VP of Lending.
The position of Senior Credit Analyst is responsible for gathering and analyzing credit information on current and potential borrowers, determines the advisability of granting credit for diversified types of loans, & is the right-hand credit resource for Renovo’s VP of Lending. Their primary responsibility is to assist Renovo in writing quality loans swiftly, accurately, and efficiently with little compromise to production.
The Loan Coordinator has two primary responsibilities; to orchestrate a smooth closing on new loans & deliver excellent post-closing customer service. They are expected to zero-in on a closing date and ensure that all necessary parties are consistently updated throughout the loan application process. Post-closing, they assist their Renovo POD in ensuring the client’s insurance is up to date, extensions are received, and modifications get signed in a timely manner. The Closer is empowered to ensure the client has an amazing experience, with the goal in mind that the client can’t imagine a world without Renovo.
The Loan Servicing Associate’s primary responsibility is to work with the closing team to verify all necessary documents received pre- and post-closing are received and meet our standards; this includes drafting and recording documents required throughout the life of the loan. The Loan Servicing Associate also manages all the insurance policies for Renovo’s portfolio, which entails working directly with insurance agencies as well as with the Renovo team. This role requires coordination with several different departments at Renovo. At present time, this position functions as both a partially remote and in-office role. Proficiency in Microsoft Office required, and experience with SalesForce is a plus.
The SVP of Loan Operations is responsible for providing leadership and oversight for operational functions across all Production channels. Create metrics and lead processes to optimize productivity, minimize risk, and ensure adherence to business standards and compliance regulations. Partner with senior leaders to create and implement long-term strategic goals and initiatives. Work under limited supervision and report to the Chief Operating Officer (COO).
“The core strength of Renovo is our team. We have a team that is experienced, hungry, thoughtful, cares deeply about our customers and what they're trying to do, and can handle not only great opportunity, but also can handle really great adversity."
Meet the TeamThe 1003 Application (Uniform Residential Loan Application) is a form that was standardized by the GSEs, Freddie Mac and Fannie Mae, and is the required format for obtaining necessary information from mortgage loan applicant(s).
The W9 allows Renovo to send both you and the IRS a statement of loan interest paid.
Real Estate Owned: For any updates to real estate that you own
The Automated Clearing House allows you to setup auto payments for your loan with Renovo.
General Contractor Information Form.