Location
Headquarters: New York, New York, United States, North America
Region: New York
Country: US
Continent: North America
About
Tomo Mortgage is a mortgage lender offering home financing across many states, emphasizing low rates, transparent fees, and a straightforward, online-driven process. The company provides preapproval, affordability tools, and rate comparisons to help buyers understand their options and close on homes efficiently. It highlights TrueRate pricing, no hidden charges, and a customer-centric experience with rapid, online-enabled applications. Tomo Mortgage operates from New York, with office locations and services extending to multiple states including Washington and Michigan.
Tomo is a digital mortgage lender that provides home financing services across multiple U.S. states. The company offers online applications, preapproval, and rate comparison tools to help borrowers secure loans with transparent pricing and low fees. Its primary customers are residential home buyers seeking streamlined refinancing or purchase mortgages.
Tomo Mortgage, LLC.
2020
for_profit
active
Industries
Primary Industry: Finance
Categories
Funding & Financials
Series B
110000000
1m-10m
private
Investors
Founders
Carey Armstrong
Greg Schwartz
Leadership
Technology Stack
Products
Tomo Mortgage: A mortgage lending service that offers home loans with automated underwriting, no lender fees, and competitive rates to simplify the homebuying process.
Tomo Mortgage Home Affordability Calculator: An online tool that estimates how much home a buyer can afford based on income, credit score, debts, and down payment.
Tomo Mortgage Price Match: A service that matches a better mortgage rate offer from a competitor if presented with a valid comparable loan estimate.
Tomo Mortgage Appraisal Coverage: A coverage option that guarantees loan terms even if the home appraisal comes in lower than expected.
Tomo Mortgage Underwritten Pre-approval: A pre-approval service that provides an underwriting-backed assessment of a buyer’s mortgage eligibility.
Funding rounds
Series B · $20M · (2025-03-11)
Series A · $40M · (2022-03-21) · Lead: SVB Capital
Seed · $30.29M · (2021-06-30) · Lead: Ribbit Capital
