Multichannel mortgage lender Lower has struck a deal to acquire real estate portal Movoto from parent company OJO Labs, marking another industry transaction aiming at building an end-to-end homeownership platform. Financial terms of the deal were not disclosed. 

The acquisition will give Lower’s retail network—comprising 478 sponsored loan officers across 76 active branches as of Tuesday—access to Movoto’s nationwide digital footprint. In 2024, the top-5 U.S. real estate portal attracted over 150 million visits. The platform connects consumers with top local agents, who will now also be paired with Lower loan officers.

John Berkowitz, CEO of Movoto, will join details ⇒

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