Full-Time
Customer-focused mortgage provider with flexible options
$70 - $75/hr
Senior
New York, NY, USA
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Tomo Mortgage provides a streamlined mortgage process aimed at homebuyers, especially first-time buyers. Their unique "Lock & Shop" feature allows customers to secure their mortgage rate for 90 or 120 days while searching for a home, protecting them from rising interest rates and allowing for adjustments if rates decrease. Tomo guarantees on-time closing, which is crucial for buyers. Unlike many lenders, Tomo does not charge lender fees and promises to match better offers from competitors, making their pricing competitive. The company emphasizes customer service with a team of expert mortgage advisors who assist clients throughout the process. Their digital platform offers flexibility, allowing customers to modify their applications at any time. Tomo's goal is to create a transparent and efficient mortgage experience that prioritizes the needs of the customer.
Company Size
51-200
Company Stage
Series B
Total Funding
$170M
Headquarters
Stamford, Connecticut
Founded
2020
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Stock Options
Professional Development Budget
Remote Work Options
Digital mortgage startup Tomo lands $20M, adds Progressive as new investor.
Tomo, a startup mortgage company led by a pair of former Zillow executives, has launched a real estate marketplace that offers natural-language search.
In June, Tomo introduced a “ Lock and Shop ” service that allows homebuyers to lock in a mortgage rate for up to 120 days, before they even know the address of the property they want to buy.
In January, Tomo announced its expansion into Florida, Connecticut and Colorado, and the addition of jumbo mortgages of up to $3 million to its product lineup.
STAMFORD, CT, Tomo, a fintech startup, announced it raised $40 million in its Series A round.