RenoFi reviews

4.3

85% would recommend to a friend

(29 total reviews)

85% positive business outlook

RenoFi has an employee rating of 4.3 out of 5 stars, based on 29 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The RenoFi employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

29 reviews
5.0
May 29, 2025
Recommend
CEO approval
Business Outlook

Pros

good place to do your job

Cons

no job security for any positions

1.0
Jan 6, 2025

Don’t work here

Recommend
CEO approval
Business Outlook

Pros

Sales manager over hypes everything

Cons

Sales manager has barely originated any loans, doesn’t care about sales team, no time off unless you don’t care about money, no training, the whole sales team is constantly all saying how awful the work environment is with no change, you never hear from the CEO

2.0
Dec 20, 2024
Recommend
CEO approval
Business Outlook

Pros

Good idea - renovation loans for consumers that consider the ARV. I enjoyed my co-workers. At the time, there seemed to be a push to improve the product and experience. Brought in a trainer and started modernizing onboarding.

Cons

Poor execution—underwriting was convoluted, and despite being told to pitch "30 to 45 day close," it was usually a 60+, if not 90+-day process that would frustrate borrowers and lead to a large amount of churn. Weak IP - "tech company" with extremely underwhelming tech for anyone actually familiar with the space. Really just a lending company looking for VC capital. Compensation was awful Inexperienced leadership team - very obviously have limited mortgage experience despite trying to "talk the talk" Big promises during the interview - borderline bait and switch Underpaid and overworked OPS and at the time only 1 UW leading to pain point #1. The process was generally excruciating. Multiple rounds of layoffs

Viewing 13 - 15 of 29 Reviews

Glassdoor has 32 RenoFi reviews submitted anonymously by RenoFi employees. Read employee reviews and ratings on Glassdoor to decide if RenoFi is right for you.