Our client is an NYC startup on a mission to revolutionize the outdated mortgage industry by letting people shop, compare, and close on any mortgage from any lender, completely online. Purchasing a home is the largest, most important financial transaction of most people's lives. Getting a mortgage should be just as simple, modern, and transparent as buying anything else online. Our client is building the first-ever fully digital marketplace to make this possible - Kayak, but for mortgages.
The US has a total mortgage debt of $10.3 trillion. In 2017 alone, there were $1.75 trillion in new mortgages generated. And these are all being handled by ancient companies running stone age tech, even though 75% of mortgage holders report that they would use an online platform to get their mortgages if one was available.
A Reuters Report indicates that 95% of ATM Swipes still rely on COBOL code. In case you didn't know, COBOL is a dead programming language from the 70s. The costs of these astronomical inefficiencies are being passed down to you, the consumer. Our client is working to disrupt that market and bring it into the 21st century.
Company Size and Health
Founded by a diverse team of mortgage industry vets and software engineers, our client has raised over $11M from Thrive Capital, Lerer Hippeau, Techstars and other well-known investors to completely reinvent the mortgage process, empower consumers and democratize mortgages.
Savvy devs think like an investor. You can learn new things and meet new people working at any new job. You will learn significantly more, build a stronger network, and accelerate your career trajectory much faster by joining a successful, growing startup.
This startup currently has in the range of ~10 employees. The only way to have a steep career trajectory is by either founding your own successful startup or by joining one. Successful startups grow much faster than they can hire good talent, so naturally there are always opportunities for you to pick up slack and provide additional value if you are so inclined. If you fill a responsibility vacuum well, you will most likely get promoted into that role, and you can keep that going until you rise to the C suite.
With $3m in funding and a very small team, this company is a place where your future is in your own hands
Rebuilding the mortgage stack from the inside out. Engineering the company's core competency and competitive advantage. As an early member of a small engineering team, you'll have the opportunity to build out core functionality, make important design decisions, rapidly build new features to support customers, and shape the future of the product. The tech stack is a good blend of modern, agile and pragmatic:
Amazon Web Services
Job Opening: Full Stack Engineer
Who We're Looking For
Willing and able to learn quickly, whether it be cool, new technology we're building ourselves, or arcane, ill-conceived data formats we're forced to integrate with.
Strong product mindset and willingness to collaborate with marketing and operations teams to shape the product and user experience. Good eye for design.
You enjoy creating elegant solutions, but you're agile and pragmatic enough to know when and how to make compromises in order to ship faster and continuously iterate.
Strong quantitative skills, knowledge or experience in finance a plus. (but you don't have to know anything about mortgages-we've got that covered!)