Business Operations Internship, Valon Mortgage

Fannie Mae Future Housing Leaders Program

Salary not provided

$10K for the 10-week internship

SQL
Tableau
Looker
Excel
Google Sheets
New York
Valon Mortgage

Transforming $25B+ mortgage servicing market with software

Open for applications

Valon Mortgage

Transforming $25B+ mortgage servicing market with software

201-500 employees

FintechB2CMortgagesHome improvementFinancial ServicesSaaSSocial Impact

Open for applications

Salary not provided

$10K for the 10-week internship

SQL
Tableau
Looker
Excel
Google Sheets
New York

201-500 employees

FintechB2CMortgagesHome improvementFinancial ServicesSaaSSocial Impact

Company mission

To champion homeowners on their financial journey, as the partner they trust with their home and future.

Company mission

To champion homeowners on their financial journey, as the partner they trust with their home and future.

B Corporation
Top investors

Few candidates hear
back within 2 weeks

21% employee growth in 12 months

Our take

Valon is attempting to bring smoother, clearer customer service to the often unsophisticated industry of mortgage services. Its cloud-native mobile platform allows borrowers to make payments and manage escrow accounts while avoiding time-consuming call centers, inaccurate information and poorly designed websites. In turn, lenders can use the platform to request API feeds to gather information on customer performance.

The company is aiming to disrupt and bring down the costs in a market that it sees as heavily monopolized, and which is largely devoid of customer-oriented innovation. Currently, mortgage servicing giant Black Knight controls over half of all residential loans in the US, the result of which has seen a 250% increase in servicing costs in the last decade.

Valon's growth so far has been remarkable. The company went from zero contracts in 2019 to $10 billion in mortgages in 2020. Its remarkable growth attracted over $70 million in funding in 2021. On top of this boost, it has further diversified its capabilities to include servicing government-sponsored home loans from the Federal National Mortgage Association.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Fully Covered Healthcare Premiums on Zero Deductible Medical/Dental/Vision Insurance Plans
  • Flexible Sick Days
  • Equity Packages
  • Generous Vacation Policy + Multiple Company Holidays
  • Provided Laptop, Custom Acessories, and Ergonomic Equipment
  • Commuter Benefits
  • Paid Parental Leave
  • Unlimited Snacks and Drinks

Company values

  • Do what’s best for Valon - We always do what’s best for the business. We prioritize Valon’s long-term success over personal or departmental interests. Every decision should keep in mind what’s globally optimal for Valon.
  • Deliver impact - We do the hard thing to get the job done—specifically, to get the job done right. Valon values high ownership, end-to-end accountability, and delivering concrete outcomes.
  • Communicate with candor - Valon values intellectual honesty and direct communication for both individual growth and the best possible outcomes. We stay humble and open-minded.
  • Act with urgency - We operate with a strong bias for action to make fast progress consistently. This compounds, and we win by moving mountains over long time periods.
  • Reason from first principles - We believe in thinking deeply and precisely. We empower our team with deep business context so they can build their reasoning from the ground up rather than being bound by convention or what everyone else does.
  • Focus on what matters most - We constantly assess and re-orient ourselves to do the work that matters most for the business. We are always laser-focused on pushing the business forward.

Funding (last 2 of 7 rounds)

Oct 2024

$100m

SERIES C

Jul 2024

$69.8m

LATE VC

Total funding: $348.8m

This company has top investors

Leadership

Studied Computer Science at Harvard. Interned as a Software Engineer at The White House, and Google. Was an Analyst at Goldman Sachs. Spent 4 years as a Principal to Soros Fund Management.

Studied Computer Science and Statistics at Harvard. Worked at Samlyn Capital and Two Sigma prior to joining Valon.

Studied Electrical Engineering at Santa Clara University. Co-founded Bump Technologies which was acquired by Google.

Jobs (11)

All locations

Software Engineering