In Axios today, Felix Salmon highlights our latest TrueRate analysis—and the $11 billion homebuyers are projected to overpay this year due to inflated mortgage pricing. 🚨 VP Will Begeny explains how the gap between good and bad mortgage rates has quietly widened—at times by more than 2 percentage points. We built TrueRate to fix that. 🔗 https://lnkd.in/gHYedKAV
Tomo
Real Estate
Stamford, CT 10,239 followers
Here to radically reduce the cost of buying a home, with real guidance and the lowest mortgage rates in America 🏠
About us
Tomo is slashing the cost of getting a mortgage with some serious AI and automation muscle. The result? Faster closings, fewer headaches, and a way to make homeownership something everyone can get in on. Wanna know more? Check us out at tomo.com. NMLS #2059741
- Website
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https://tomo.com/
External link for Tomo
- Industry
- Real Estate
- Company size
- 51-200 employees
- Headquarters
- Stamford, CT
- Type
- Privately Held
- Founded
- 2020
Locations
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Primary
Stamford, CT, US
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Seattle, WA, US
Employees at Tomo
Updates
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With TrueRate, we analyzed hundreds of thousands of loans to find the lenders that offer people a fair deal on their mortgage—sadly, it’s a pretty small club. So, we wanted to tip our hat to the lenders that decided to do right by people. Well done. UFCU, Bank Independent, First Bank (FBNC), North State Bank, Frandsen Bank & Trust, 7 17 Credit Union, Cyprus Federal Credit Union, First Western Trust, First Federal Savings Bank, FFSB, Oregon State Credit Union, Evan Gottschalk, Adam Compton, Chris King, CFMP, Michael Crowl, Fred Hopkins, Rusty Edwards, Trey Lincoln, Karen Brekke, Sarah Kinkeade, MBA, Sondra Collins, Natalie Boike, Tracy Bianco, John Demmler, Lane McLachlan, Buddy Bennett, Aimee Meester, Hedges, Brian, Gary Schuette II, CFA, Liz Martin And if you’re wondering who the worst offenders are… Well, TrueRate shows you that too. 👀 You can see how lenders near you rank at https://tomo.com/truerate #TrueRate #LowInterestRates #SaveOnYourMortgage #Mortgage #Rates #GoodRateClub
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We're #hiring a new Business Development Representative (NYC Based, West Coast Hours) in New York, New York. Apply today or share this post with your network.
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Deceptive marketing practices and misleading prices are expected to cost American homebuyers $11 billion in 2025 — and TrueRate aims to put a stop to it. It uses data from hundreds of thousands of real home loans from over 1,000 lenders to answer a question that every homebuyer struggles with, but until now has been impossible to answer: What’s a good rate for me, right now, and where can I get it? Check your TrueRate today: https://tomo.com/truerate #TrueRate #MortgageTransparency #HomeBuying #MortgageRates
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We're #hiring a new Mortgage Loan Officer in Detroit, Michigan. Apply today or share this post with your network.
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🚀 We’re hiring Loan Officers at Tomo! Competitive pay, equity, and a mission-driven team shaping the future of mortgage lending. 🔗 Apply here: https://lnkd.in/eH2PwFSx 📍Hybrid – NYC 👀 What we’re looking for: - 3+ years of residential mortgage lending experience. - Active NMLS MLO license. - Someone who thrives in a high-performance culture and knows how to guide buyers from “hello” to “keys in hand”. - Tech-savvy, solution-oriented, and passionate about transforming the mortgage process. - A pro at building relationships and closing warm leads. 💥 Compensation: On-target earnings around $175K with uncapped potential - many top performers make $200K–$400K annually. We also have a strong equity package! 💡 Know someone who’s built for this? Apply here: https://lnkd.in/eH2PwFSx Check out our Youtube video here - https://lnkd.in/eP9bdHT7
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Great to see CTO, Audrey Troutt featured in the latest episode of Learn the Technology! She shares her journey from engineer to tech leader — and how she’s using automation to help modernize the mortgage experience here at Tomo. Check out the full interview below 💡
Director, Data Science and Research, The Wharton School | Lecturer, Penn Engineering | Podcast Host, Learn the Technology w/ BK
🎙️ New Interview: From Engineer to CTO — A Conversation with Audrey Troutt of Tomo In this episode of "Learn the Technology", I sit down with Audrey Troutt, CTO at Tomo, to talk about her journey from writing code to leading high-performing teams and building a platform that’s modernizing the mortgage experience. We cover: 🔹 Tomo’s approach to automation and customer experience 🔹 Leading remote teams and building culture 🔹 The evolution of engineering leadership 🔹 Advice for aspiring tech leaders and engineers 🔹 The role of AI in both tech and art 💡 Teaser Clip: When asked about the biggest mindset shift in moving from IC to leadership, Audrey reflected on the challenge of stepping back from hands-on work — and how growth often comes from letting go. 🎧 Watch the full interview here: https://lnkd.in/eaG7SPsr #TechLeadership #WomenInTech #CTO #EngineeringCulture #StartupLife #AI #ProductDevelopment #LearnTheTechnologyWithBK
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CEO, Greg Schwartz, joined BAM to talk about what’s really happening: rising RESPA risk, dropping rates, the future of Fannie & Freddie, and why banks are moving in on brokerages. Greg’s take is clear — transparency isn’t a nice-to-have, it’s a business advantage. When buyers understand what they’re paying for and why, they choose trust over tactics. 🎧 Full episode: https://lnkd.in/g6CaAAXf
Mortgage CEO on Fannie & Freddie’s Future, Banks Takeover of Brokerages, Reffkin on CCP | KBP 110
https://www.youtube.com/
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In The Playbook (by Morning Brew)’s latest article, "Those high mortgage rates really are a rip-off", SVP Sam Lanfear, breaks down how homebuyers can take more control of rates than they might think. His biggest tip? The most effective lever is often the simplest: shop around. The gap between a good rate and a rip-off has tripled since 2018—making rate shopping more important than ever. 👀: https://lnkd.in/dhUgSeNN
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Mortgage rates continue to fluctuate as the market reacts to shifting economic conditions. Check out SVP Emanuel Santa-Donato’s insights following the March Fed Meeting. 📉 On Fed policy & rate cuts: "With inflation expected to settle at 2.7% and unemployment ticking up to 4.4%, the Fed sees some room to cut, but the message is clear: any relief from the Fed will be slow and measured." – via Business Insider 📊 On market volatility: "Rates are more volatile than we’ve seen post-pandemic, with sharp swings driven by market uncertainty," – via GOBankingRates 🔗 Read more: https://lnkd.in/gfXqRYVV, https://lnkd.in/gpr6hfNs