Blog Posts about RenoFi
Debbie Matz RenoFi, today announced the addition of Debbie Matz to the company's Board of Advisors. Matz, nominated by President Barack Obama and confirmed unanimously by the U.S. Senate, served as Chairman of the National Credit Union Administration from 2009-2016. She led the independent agency which insures, regulates and supervises federal credit unions. Matz oversaw the NCUA's 1,200 employees, was responsible for protecting 6,000 federally insured credit unions and 103 million account holders and assets exceeding $1.
Rob, Lee and I started RenoFi in early 2018 because of the belief that we could make a difference in millions of homeowners' lives by empowering them to transform their homes into spaces they love with a smart and affordable financing solution. Little did we know that world events would bring people’s satisfaction with their home into such sharp relief. Today, we are announcing that we raised our Series A of $6.
When you think about getting a loan, there’s a good chance you automatically assume you’ll need to talk to a bank. Most people never even consider a credit union, often because they don’t know anything about them or what they can offer. But the truth is, they’re able to offer some game-changing benefits along with their home loans that a big bank can’t. Credit Unions vs. Banks Just like banks, credit unions accept deposits, originate loans, and provide a number of financial products and services.
You and your spouse have started a family and bought a home within the last few years. You chose a family-oriented neighborhood in a town with great schools. Because of this, the house wasn’t cheap. National Association of Realtors, US Existing Home Median Sales Price And most likely the home was pretty old, likely older than you. Don’t worry, you are not alone, in states like Pennsylvania & New York the average home is over 50 years old!