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Nora Apsel, the founder and CEO of online mortgage broker Morty, has shed light on the company’s plans to “truly democratize” mortgages by providing "access to the right home-financing solution for anybody.” So reports Business Insider.
Morty announced last July that it had closed a $25 million funding round, at a $150 million valuation, and the company’s pitch deck for investors said that its area of focus—purchase loans—was a “less cyclical segment of the market” than refinancings.
Apsel told Insider that Morty believed it would stand out from its competitors by doing purchase loans well, “because it’s harder.”
