Fintech Lower launched a new Mortgage as a Service (MaaS) platform that easily allows consumer brands to offer mortgage products to their customers.
eCommerce platform Opendoor moved their mortgage fulfillment to Lower exclusively after a pilot, Lower said.
Through the MaaS platform, Lower provides a solution for consumer finance, banking and real-estate brands to offer a digital-first home financing experience quickly and easily, with white-label options available.
It can be embedded into the partner’s customer journey through API and no-code solutions. The MaaS offering immediately allows companies to offer their consumers home financing options, while expanding their lending footprint to more than 93% of the U.S. population, Lower said.