Tomo Mortgage NMLS #2059741
At a glance
- HeadquartersNew York, NY
- Size3,501 home loans closed in 2025
- Loan typesConventional
- Licensed in38 states
- Formed in2020
2025 figures are for TOMO MORTGAGE, LLC's filing.
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Who is Tomo Mortgage?
Tomo Mortgage (NMLS #2059741) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Is Tomo Mortgage legit?
Here's what public licensing records show. Tomo Mortgage holds mortgage licenses in 38 states, including Alaska, Arizona, Arkansas, Colorado, Connecticut (NMLS ID #2059741, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
Key Facts
- Lender or brokerTomo Mortgage
- NMLS #2059741
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
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About Tomo Mortgage
Overview
Tomo Mortgage is a mortgage lender with a consumer-facing TrueRate tool for viewing a mortgage rate before applying. The company works with borrowers buying a home and homeowners seeking to refinance.
Mortgage options
Mortgage options include home purchase mortgages and refinancing.
Locations
Tomo Mortgage has five branches, with branch locations in Arizona, Connecticut, Michigan, Texas, and Washington.
Company details and licensing
The legal entity is Tomo Mortgage, LLC, a limited liability company formed in Delaware on August 17, 2020. Trade names include Tomo and Tomo Mortgage. Its headquarters are at 909 Third Avenue, 9th Floor, New York, New York 10022, and its NMLS company ID is 2059741.
Tomo Mortgage is licensed in Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, the District of Columbia, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, West Virginia, and Wyoming.
Verify NMLS #2059741 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS registry records. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Additional information
Reported application outcomes and pricing, 2025
- Filed asTOMO MORTGAGE, LLC
- 2025 home loan decisionsOf 4,137 applications decided by TOMO MORTGAGE, LLC in 2025, 3,501 were originated, 38 were approved but not accepted by the borrower, and 598 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 85.5%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 4,847 applications were withdrawn by the borrower, 22 were closed for incompleteness, and 0 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.136 percentage points below the average prime offer rate (reported on 3,496 originations, 5 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$4,298.16 — originated closed-end household loans, 2025, 3,496 loans. FFIEC HMDA data browser.
- Median origination charges$274.73 — originated closed-end household loans, 2025, 3,496 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types3,390 Conventional, 93 FHA, 18 VA — of 3,501 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for TOMO MORTGAGE, LLC — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
Frequently Asked Questions
Is Tomo Mortgage legit?
Here's what public licensing records show. Tomo Mortgage holds mortgage licenses in 38 states, including Alaska, Arizona, Arkansas, Colorado, Connecticut (NMLS ID #2059741, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
What is Tomo Mortgage's NMLS number?
Tomo Mortgage's NMLS number is 2059741. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Tomo Mortgage's NMLS ID?
Yes. We checked Tomo Mortgage's company name and NMLS ID against the NMLS record on July 29, 2026. They've been in our lender network since January 2024. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Tomo Mortgage?
This page has Tomo Mortgage's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.