““They were super responsive throughout the process and we got the lowest rate.”
Mariah S.
5 out of 5 stars
TrustpilotBest Online Lender 2025
Get rates 0.25% lower today
Licensed in 40+ states. Trusted by 1,000s of homeowners.
Save thousands on your mortgage
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Numbers that speak for themselves
0.25%
lower than industry rates*
$3B
in originated loans
5K+
homeowners funded
98%
on-time closing
$0 in lender fees
Keep $3K-$5K that other lenders take
Save $50-$100/mo*
Lower rates mean lower monthly payments
98% on-time closing
The industry averages 40% — we close when we say we will
Tomo Mortgage cuts what other lenders charge
Even lenders with low rates can hide fees and under-deliver. Here's the proof.
| Lender | Lender fees | Customer reviewsMore information | |
|---|---|---|---|
 | No lender feesHighly rated | Highly rated | |
 | $995Mixed reviews | Mixed reviews | |
 | $995Average | Average | |
 | $1050Below average | Below average |
Insights
High margins or poor operations — either way, you overpay. Don't settle for lenders that cost you thousands.
George RobinsonTrueRate Data ScientistBacked by
Backed by
Frequently asked questions
Your mortgage rate is primarily determined by your credit score, followed by down payment and market conditions.
Credit score impact:
- 760+: Lowest available rates
- 720-759: ~0.25-0.5% higher
- 700-719: ~0.5-0.75% higher
- 680-699: ~0.75-1% higher
Putting down 20%+ typically reduces your rate by another 0.25-0.5%. We offer rates with points, credits, or neither (par rates).
Points and credits let you trade upfront costs for a different rate.
Discount points
Pay more upfront, get a lower rate.
- 1 point = 1% of loan amount = ~0.25% lower rate
- Example: $4,000 in points on a $400K loan drops your rate from 6.5% to 6.25% (saves ~$60/month)
Lender credits
Get closing cost help, accept a slightly higher rate.
- Reverse of points—0.25% higher rate might give you $4,000 toward closing
We help you decide based on how long you plan to own the home.
Yes, Tomo Mortgage offers a Price Match Guarantee. If you receive a better price from another lender, we'll match it.
Bring us a competitor's Loan Estimate and we'll review it to ensure you're getting the best deal. This applies to both interest rates and closing costs, so you never have to choose between Tomo Mortgage's service and getting the lowest price.
Ask a lender for a Loan Estimate – every lender must provide one within 3 business days of your application.
Focus on these sections:
- Interest rate and APR (Page 1) - compare apples-to-apples
- Closing costs (Page 2, Section J) - fees that vary by lender
- Lender fees (Page 2, Section A) - Tomo Mortgage charges $0, saving you ~$2,000
Don't just compare rates—lenders with lower rates often charge higher fees. Look at the total cost over your expected timeline in the home.
Lock your rate as soon as you're under contract.
Tomo Mortgage typically closes in 12-21 days vs. the 42-day industry average, so a standard 30-60 day rate lock covers your entire timeline. Since rates change daily (sometimes multiple times), locking immediately after your offer is accepted protects you from increases.
Lock in your lower rate today
Get startedLow rates. No lender fees.