Tomo Mortgage Pricing..WOW

A few months ago I got absolutely destroyed on investment property pricing by Tomo Mortgage, which appears to be founded by former Zillow executives. I was brokering to rocket at the time and even borrower paid I could not compete.

Had a client recently ask about rates from bank rate and Tomo popped up again, and the rates they are advertising are a solid 0.5%-0.75% better than what’s out there. Reviews aren’t bad (unless they are fake), which makes me think it’s not a bait and switch.

Anyone have any idea how they are priced to aggressively? Are they doing loans for free just for fun???