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Lower acquires Neat Labs, launches LowerOS to revolutionize digital mortgage experience

PRIVATEJan 07, 2025

Acquiring Company

Lower

Acquired Company

Neat Labs

ColumbusFinancial ServicesReal EstateFinanceLendingFinancial ServicesFinanceFintechLending

Description

Lower, a leading digital mortgage lender, has announced the acquisition of Neat Labs, a company known for its end-to-end mortgage origination software. Lower will integrate Neat Labs' proprietary software into LowerOS, a comprehensive, cloud-based mortgage platform designed to deliver a world-class borrower experience, reduce the time and cost to produce a loan, and revolutionize the mortgage industry.

Quick answer

Lower is acquiring Neat Labs, announced January 7, 2025. Lower is based in Columbus, Ohio, United States.

How much did Lower pay for Neat Labs?
The deal value was not disclosed.
What does Lower do?
Lower is one of the fastest-growing mortgage lenders in the United States, known for its world-class customer service and more than 30,000 five-star online reviews.
Where are Lower and Neat Labs based?
Lower is based in Columbus, Ohio, United States.
Who are the decision-makers at Lower?
Fundz holds 1 contact at Lower. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Lower

Location

Columbus, Ohio, United States

About

Lower is one of the fastest-growing mortgage lenders in the United States, known for its world-class customer service and more than 30,000 five-star online reviews. Founded in 2014, Lower combines a powerful digital platform with a nationwide network of distributed retail branches, enabling customers to engage online or work with local experts in their own communities. Backed by Accel Partners as a flagship investment, alongside SoFi and Huntington Bank, Lower is committed to being the lender of choice for both consumers and originators—and the go-to place to buy, refinance, and sell a home.

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Frequently asked

Who acquired Neat Labs?

Neat Labs was acquired by Lower, based in Columbus. The deal was reported on January 7, 2025. Lower is one of the fastest-growing mortgage lenders in the United States, known for its world-class customer service and more than 30,000 five-star online reviews. Lower is privately held and operates in Financial Services.

When did Lower acquire Neat Labs?

Lower's acquisition of Neat Labs was reported on January 7, 2025. Lower, a leading digital mortgage lender, has announced the acquisition of Neat Labs, a company known for its end-to-end mortgage origination software. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Neat Labs do?

Neat Labs is a renowned company known for its end-to-end mortgage origination software. Founded in 2015, Neat Labs developed a cutting-edge platform that streamlines the mortgage process from pricing to loan approval and closing. It is privately held, operating in Financial Services.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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