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Triangle Downtowner Magazine

Renovo Financial Expands to Raleigh-Durham-Chapel Hill with New Office in Raleigh

Apr 19, 2021 01:31PM ● By Crash Gregg

Renovo Financial, one of the country’s largest residential real estate investment lenders, announced today it has continued its nationwide expansion with the opening of an office in Raleigh, North Carolina. Scott Anspach, a Triangle area-based real estate finance expert, has been tapped to head the office.

Anspach has been in the investment mortgage industry for 21 years, gaining proficiency through a range of positions, including commercial mortgage broker, mortgage/credit analyst, managing principal of a debt and equity brokerage, sales and operations. He has extensive experience in the Raleigh-Durham-Chapel Hill real estate market, most recently as a private lending banker with LYNK Capital, operations manager for VonFinch Homes, and as a mortgage banker/lender with Advantage Lending and Corridor Mortgage Group, all located in Raleigh-Durham. Prior to these roles, he was Founder and President of Main Street Financial, a direct-to-consumer mortgage banking operation, and earlier, Director of Lending at Homeland Capital Mortgage. Anspach is a graduate of Ball State University’s College of Business, earning a bachelor of science in Finance.

“Scott has amassed a wealth of knowledge and experience across all facets of the Triangle’s real estate market, making him uniquely qualified to kick off our operations there,” said Kevin Werner, CEO of Renovo Financial. “As Renovo emerges from the past year on an impressive growth trajectory, our philosophy continues to be that local market knowledge will always win out over national platforms. We’re thrilled that Scott and his team offer their local and long-standing expertise to this new and important client base.”

Renovo Financial, a 10-year-old real estate lender, operates on pillars of reliability, flexibility, speed, efficiency, and local team expertise. Employing a one-stop shop model, Renovo offers residential real estate investors a full suite of loan programs, including single-family and multi-family rehab, new construction, and 30-year fixed rental loans, as well as in-house underwriting and servicing. Renovo’s commitment to building local long-term client partnerships, combined with its end-to-end product suite, means clients experience the best products and pricing of a national financial institution, but with the attention and service of a nimble local startup.

As it approaches its 10-year anniversary this summer, Renovo grew faster in 2020 than any 12-month period in its 10-year history and expects to reach $1 billion in loans since inception by the second quarter of this year.

“I’m thrilled to be part of one of the most innovative residential lending companies in the industry, “said Anspach. “I share Renovo’s philosophy of being more than just a typical lender. Our goal is to be your partner and strategist in helping you build your real estate business. Our product line, flexibility in deal structure, and commitment to being the best in the Triangle is a winning combination for our partners."