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The company's rapid expansion comes less than a year after Tomo first launched its home-buying technology platform in "The mortgage is the catastrophe of the real estate transaction," said Aimed at disrupting the multi-trillion-dollar mortgage market, Tomo pairs its proprietary technology with local experts to deliver a simpler, faster, less expensive mortgage experience. The result eliminates complexity, reduces cost, and ensures on-time closings, all without the traditional headaches characteristic of the industry today. In 2021, Tomo closed 100% of its loans on time. Tomo's successful track record of closing on time is partly a result of their exclusive focus on fixing the purchase mortgage experience. This stands in stark contrast to the vast majority of lenders that cyclically chase the refinance market. Today, many of those mortgage originators find themselves scrambling to contend with new economic and operational realities as refinancings dry up. Creating pre-approvals for customers within hours, not days, Tomo delivers the best rate for every homebuyer they serve; charges no lender fees; and ensures an on-time closing. The company has also partnered with the very best real estate agents in every market they serve to provide a complete home-purchase experience with ease, simplicity and confidence. "Having a cutting-edge mortgage company available to help homebuyers purchase their dream home is one of the most important factors when they are ready to make offers," said In volatile housing markets, such as in Addressing those rising costs, Tomo's launched its jumbo loan product to allow customers to borrow more to purchase higher-priced properties, and is available everywhere the company operates. Tomo's jumbo loans will be available for both 15-and-30-year cycles. For qualifying buyers, loans can be distributed in amounts up to Tomo plans to add more markets later this year. The company is currently hiring for roles in
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