New Albany, OH

Overall Rank: 49
Category: Lending
Category Rank: 5


  • Top Fintech Company of 2023


Lower, headquartered in New Albany, OH, maintains a workforce of about 400 employees. It offers a suite of financial products, including mortgages, banking, insurance, and real estate, simplifying homeownership for consumers. Regardless of their life stage, Lower’s multi-channel platform streamlines the pursuit of homeownership, from first homes to final residences. Recently, Lower welcomed Opendoor as its first mortgage platform customer, highlighting its growth and innovation.

Furthermore, Lower unveiled its Mortgage as a Service Platform, solidifying its position as a fintech leader. Lower also introduced MortgagePass, a ‘Realtor agnostic’ cash-offer service, demonstrating its commitment to versatile solutions. With a reputation as a preferred employer and as the naming rights partner of Lower.com Field, home to the Columbus Crew, Lower continues to reshape the financial landscape and empower homeownership journeys.

Visit www.lower.com

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Key Products

Finance a home

Allows customers to lower monthly payments and rates as well as change their term as well as take cash out to pay off debt.

Save for a home faster.

Allows customers to jumpstart home savings in the Lower app.

Buy or sell a home.

A Lower real estate agent is key to uncovering hidden savings. Whether buying or selling, they help clients navigate the real estate market and show them exactly what they need to do to get the best deal possible.

Insure a home.

Lower does the home insurance shopping for you. Clients simply enter info, then browse quotes from over 35 carriers. Once they’ve found your maximum savings, Lower will get everything connected.

Key Executives

Dan Snyder, CEO

Snyder joined Lower as the Chief Executive Officer in 2018, and is still a Managing Partner at Homeside Financial, which he Co-Founded in 2013. Previously, he worked as a Divisional Manager at American Bank as well as Branch Manager at Wells Fargo. He is a current member of YPO.

William Kaper, Strategic Advisor Officer

Kaper joined Lower in 2021 as the Chief Technology Officer, and currently works as a Strategic Advisor. Prior to that he spent several years with Amazon, eventually becoming GM of Translation Services and Products. Kaper specializes in software engineering operations, strategic leadership, product roadmaps, and product development.

Gautam Kumar, Chief Financial Officer

Kumar is an accomplished business leader who enjoys driving growth in consumer internet companies. He has helped two companies grow from tens of millions to hundreds of millions in revenue, achieve profitability, and experience successful exits.

Kumar has experience in managing 150+ employee teams with a leadership scope that has covered multiple functions (general management, business development, operations, finance, strategy, HR, legal, analytics/BI). He has launched new businesses, executed multiple large M&A deals, and expanded internationally. Kumar has worked closely with private equity owners, venture capital investors, and public corporate parents. He has a background at a top management consulting firm (McKinsey) and an education from a top engineering school (UIUC).

Corporate Responsibility

They help people create and build wealth.

They started with lower rates, and now, they’re using innovative tech to simplify the whole homeowner experience. Their all-digital platform meets people where they are.

Social giveback.

Help the communities thrive. Their mission to help people build wealth through homeownership doesn’t stop at financing. They partner with a number of organizations who also work to affect positive change in their neighborhoods. Focusing their initiatives around four key pillars allows them to get out and give back in meaningful ways.

Customer Insights

“We worked with Ben Rosenthal to complete our mortgage contract quickly and with great satisfaction. We were most concerned about getting the best interest rate possible and with Low**.com we did, choosing them out of about five lenders we shopped. Ben also worked to direct us towards other ways to save money on closing. We appreciate needing less burdensome documentation and being able to upload all that electronically at our convenience. Ultimately the process was streamlined and simple.” – Jill, LendingTree


“Jake and his team provided outstanding customer service. We were able to close our deal in record time (19 days). Excellent feedback was also received from the title company regarding the lender.” – Adrian R., Zillow


“The process was so easy. It was also easy to upload all the required documents to the portal. Jake was available and answered all my questions promptly. I was approved in just a few days.” – Jo, Zillow


“Quick and Simple. These are qualities we all need when trying to accomplish a new home purchase amidst our daily obligations. Austin and his team at Lower went far beyond my expectations in assisting me with moving into my new home. I am in a customer experience line of work myself and I’m convinced Austin COULD NOT have made this any easier for me. I’ll be back for my next one!” – Aj, Zillow


“This was our 8th mortgage closing and it was by far the easiest!! We had never done a virtual closing and it was smooth as silk from the comfort of our couch at the time of our choosing! The whole process was very easy to follow and understand.” – Stephanie W., Zillow


“Abby Farber, our loan advisor, was amazing! First time homebuyers and everything went smoothly. She was always available to answer any questions we had. Our first home purchase was a great experience because Abby cares and she helped us through the process” – a, LendingTree


“I initially was only searching for a price range my fiancé and I could afford. Then immediately after filling out the information Emily from Lower contacted me and from the start she was so amazing and professional! Answered all my questions even if I repeated some! Definitely took care of everything we needed. And worked around my work schedule to contact us and let us know new details about things. Very considerate about timing and very helpful with everything! She’s amazing! Definitely would recommend her and Lower to everyone I know!” – Vi, LendingTree


“I reached out to about half a dozen banks when looking for a Home Mortgage. Lower came back with the best rates and the agent was extremely responsive and helpful.” – Shane, LendingTree