Lower Opens New Austin Office to Support Continued Collaboration Across Mortgage and Real Estate Teams

The move to a 10,000-square-foot office brings together Lower and Movoto employees in East Austin workspace

AUSTIN, Texas — July 07, 2026 — Lower, an end-to-end homeownership platform built to help our members build wealth and achieve financial freedom, today announced the opening of its new Austin office, a 10,000-square-foot workspace located at 1801 E. 6th St. The new office brings together nearly 70 employees from Lower’s mortgage and real estate divisions following Lower's acquisition of the Movoto real estate platform in 2025. The move strengthens the company's presence in Austin while creating a collaborative environment designed to support continued growth.

The East Austin office serves as a shared hub for employees working across product, engineering, data, marketing, sales and operations. The move reflects the company's commitment to creating an environment that fosters collaboration, innovation, and communication. Concurrent with the grand opening of the new space, Lower employees will come back to the office three days per week.

"At Lower, our mission is to eliminate barriers to homeownership and help our members build their wealth. To take on a mission of that magnitude, it takes a shared sense of purpose, trust, and exceptional teamwork," said Adam Wiener, President of Lower. "Our new East Austin address is in an incredibly vibrant neighborhood and creates a destination for our team to build a world-class experience for homebuyers, homeowners, loan originators, and real estate partners."

Designed with teamwork in mind, the new space features nine conference rooms, expansive collaboration areas, multiple break rooms, and access to a large outdoor patio for team gatherings and events. The office offers employees a centrally located workspace with convenient access to restaurants, retail, and neighborhood amenities.

"Bringing together the real estate and mortgage teams that support our clients through every stage of the homeownership journey will accelerate our progress in reinventing the way people think about their homes," said John Berkowitz, President of Real Estate at Lower. "The talent, culture and energy in Austin has been a key part of our success for more than a decade, and our new space reinforces our commitment to growing here."

Austin is one of several markets where Lower has expanded its footprint as the company continues to invest in its nationwide retail lending and real estate businesses.

For more information about this announcement, please contact Allie Byers at press@lower.com.

About Lower
Lower is the homeownership platform built to eliminate barriers for first-time buyers and help new homeowners build wealth. Headquartered in Columbus, Ohio, Lower is a top 25 mortgage lender nationally and the largest VC-backed mortgage lender in the country, with backing from Accel and SoFi. Lower’s proprietary lending technology, LowerOS, is designed to originate loans faster and for less money than the competition. Lower also owns Movoto, one of the largest real estate portals in the U.S. with more than 10 million monthly visits. Learn more at lower.com.