Lower Acquires Movoto to Build End-to-End Homeownership Platform

May 13, 2025

Lower, a digital mortgage lender, has acquired proptech portal Movoto from prior parent OJO Labs to integrate Movoto's large consumer audience with Lower's lending and retail network. The deal aims to create an end-to-end homeownership platform that connects homebuyers, local agents, and Lower loan officers to simplify the mortgage and homebuying journey.

Buyers
Lower
Targets
Movoto
Sellers
OJO Labs
Industry
Real Estate
Location
California, United States
Transaction Type
Buyout

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