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To ensure no borrower overpays for their mortgage.
The mortgage industry has been rife with misaligned incentives that benefit big banks and lenders. A suspect part of the industry is the intentionally confusing policies and processes that leave borrowers worse off.
Own Up provides a combination of intelligent software and personalized advice from mortgage experts to empower consumers to make the right decisions for them.
With a recent boost in capital, Own Up will strive to reach more buyers and homeowners through geographic expansion. Own Up’s fresh approach is already changing consumer behaviour in places like New Hampshire, Pennsylvania, Rhode Island and Texas.
Perhaps the biggest worry for Own Up will be the slow but certain response from traditional mortgage providers. However, it has made impressive ground with its head start and is already fulfilling its mission for thousands of consumers.
Steph
Company Specialist at Welcome to the Jungle
Aug 2022
$25.5m
LATE VC
Jan 2021
$12m
SERIES B
This company has top investors
Brent Shields
(CTO)They have worked as a Software Engineer and Technical Lead in a diverse collection of industries including at tech company, Ableton.
Mike Tassone
(COO)Previously worked as SVP at a top-50 national lender and co-founded a student lending and financial advisory firm that originated over $4B in student loans.
Patrick Boyaggi
(CEO)Patrick forged a successful career as a Senior VP, responsible for Residential Lending at a top-50 national lender — closing $11 billion in residential mortgages.