# Lower

> Lower is a U.S. mortgage lender and homeownership platform combining online lending, local loan officers, its LowerOS origination technology, and the Movoto real estate portal. It serves homebuyers, refinancing homeowners, home-equity borrowers, and real estate professionals.

- **Founded:** 2014
- **Headquarters:** Columbus, United States
- **Founders:** Dan Snyder (Co-founder and CEO), Mike Baynes (Co-founder), Grayson Hanes (Co-founder), Chris Miller (Co-founder), Robert Tyson (Co-founder)
- **Products:** Home purchase mortgages, Refinancing, Home equity, LowerOS, Movoto
- **Notable:** Bootstrapped to profitability before its 2021 institutional financing, according to Accel., Acquired Neat Labs and Movoto in 2025., Named to HousingWire’s 2026 Tech100 Mortgage list.

## Products & services

- **Home purchase mortgages** — Conventional, FHA, VA, jumbo, and adjustable-rate mortgage options with online applications and loan-officer assistance.
- **Refinancing** — Rate-term and cash-out refinancing; a conditional Free Refi for Life offer waives specified lender fees, not all settlement costs.
- **Home equity** — HELOCs and home equity loans for eligible homeowners.
- **LowerOS** — Proprietary cloud-based origination platform incorporating acquired Neat Labs technology; intended to connect pricing, underwriting, and closing.
- **Movoto** — Real estate search and agent connections; acquired by Lower in May 2025.
- **Movoto Advantage** — Limited-access agent subscription program using live consumer transfers and connections to Lower loan officers.
- **ONE by Lower** — Eligible buyers contribute as little as 1% down; lender grant up to 2%, capped at $4,500. Income, loan, property, and underwriting limits apply.

## Achievements

- Bootstrapped to profitability before its 2021 institutional financing, according to Accel.
- Acquired Neat Labs and Movoto in 2025.
- Named to HousingWire’s 2026 Tech100 Mortgage list.

## Latest updates

- **2026-08** — Launched ONE by Lower, a down-payment assistance mortgage program.
- **2026-07** — Opened a 10,000-square-foot East Austin office bringing together nearly 70 mortgage and real estate employees.
- **2026-04** — Refreshed Movoto’s branding, property pages, agent connections, and homeowner notifications.
- **2026-04** — Announced Movoto Advantage for high-performing solo agents.

## Links

- Website: https://lower.com
- LinkedIn: https://www.linkedin.com/company/lower/
- Twitter/X: https://twitter.com/lowerdotcom
- Instagram: https://www.instagram.com/lowerdotcom/
- Facebook: https://www.facebook.com/lowerdotcom

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Profile page: https://yespress.io/lower
Published by YesPress — https://yespress.io
Last updated: 2026-10-15