General World News

Fintech startup Tomo breaks into jumbo mortgages

Tomo, a fintech mortgage startup run by former Zillow executives, is expanding its presence, announcing this week that it will now serve borrowers in Florida, Connecticut and Colorado. And they’re looking to capitalize on higher home prices and the market for jumbo mortgages.

Founded in October 2020 by former Zillow executives Greg Schwartz and Carey Armstrong, the Connecticut-based company, first launched its platform in Seattle, Washington and Austin, Texas.

Schwartz in a statement said that this expansion “is proof that there’s tremendous appetite for what we’ve built – a digital experience, designed from the ground up to meet the needs of homebuyers details ⇒

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