Mortgage Startup Aims to Transform the Borrower Experience

SAN FRANCISCO, Aug. 20, 2014 /PRNewswire/ -- Sindeo, a San Francisco-based mortgage start-up, launches in California today.

Sindeo aims to fundamentally change the borrower experience of getting a mortgage. Their mission is to be a modern Mortgage Advisor, where service meets technology to help clients make informed decisions and get a stress-free mortgage.

"There is a great lack of transparency and service in the mortgage industry today, despite the fact that getting a mortgage is the largest financial decision most people will make in their lives," said Sindeo CEO, Nick Stamos. "We believe that people deserve a much better mortgage experience: Which means mortgage advisors rather than salespeople, along with technology that adds clarity and efficiency, and the best portfolio of lenders and mortgage products, with loans that close on time, and absolutely no hidden costs or fees."

Stamos is a former executive of mobile analytics firm Telephia (acquired by Nielsen) and is joined on Sindeo's leadership team by former executives from Trulia, SoFi, Guaranteed Rate, Pandora, Pixar, Standard & Poor's, Nielsen, McCann Erickson, and the Consumer Financial Protection Bureau.

About Sindeo
Sindeo (www.sindeo.com) is led by a team of executives from inside and out of the mortgage industry, all of who know the frustrations of financing a home today. The team is reinventing the borrower experience at every step of the process, from understanding affordability through closing the loan. Sindeo is a San Francisco, California-based mortgage start-up that was founded in 2013 and is backed by private investors. Visit: www.sindeo.com to learn more.

SOURCE Sindeo