Mission LoanCrate seeks to increase efficiency and equity in the home lending system. We aim to make the complicated simple, decreasing the time and financial cost to get a loan by focusing on making lenders more efficient.
- Ownership - We believe in owning the good & the not so good - loudly & proudly! We aim to learn from what has worked and not worked and being open and honest about it. - Collaboration - We are a remote-first company so this is extra important - be intentional about your communication & collaboration. Share what you're doing early and often so people can come along for the ride and contribute their thoughts and expertise. - Customer-focused - Don't lose sight of the customer and their vision. When making a decision keep in mind if it aligns with our mission and the customers. - Flexible & open-minded - Be willing to be flexible and open-minded on how you approach work. We learn by trying it out, communicating our ideas with others and by success and failures. Be willing to pivot at any point in your process if it turns out that another direction/idea makes more sense.
Description We started LoanCrate to make home-buying simpler and less expensive for lenders and borrowers (us!). Today, mortgage lenders are stuck running their companies on software products built 20 years ago. These products are slow and unstable, and end up costing lenders millions of dollars in other otherwise preventable mistakes every year. LoanCrate solves those problems and more, helping lenders improve the home-buying experience for people all over the country.
Since starting in January 2021, our remote team has closed a $4m seed round, grown to 14 people, and launched our first product. And since adopting LoanCrate in June, our customers have used LoanCrate to power >$7.5b in new home loans. We're on track to achieve strong profitability by mid-2022 after doubling (or more) our team size in the meantime.
Our team is a group of people excited to tackle the complexity of the home-lending industry. We care about collaboration, very open communication covering the good & the bad so that we learn from our decisions quickly, and ultimately having fun while we're building. You'll fit in well if you like diving deep quickly!