Power House

Inside Lower’s landmark year: Dan Snyder reflects on 2024


Listen Later

This week on Power House, Diego sits down with Dan Snyder, the CEO of Lower. This past year was a busy year for Lower amid their acquisition of both Neat Labs and Thrive Mortgage. 


Back in July of 2024, we welcomed Lower’s Chief Strategy officer, Craig Montgomery, to give us the low-down on Lower’s plan to become a top-five mortgage lender. Today, Dan continues that strategy conversation with Diego by discussing how the acquisition of Neat Labs is bringing Lower toward their 2025 goal of developing an end-to-end proprietary tech platform. He also reflects on the success of their Thrive Mortgage acquisition and discusses the challenge of integrating teams while also supporting your producers.


Here’s what you’ll learn:


  • The acquisition of Neat Labs is a strategic move to enhance Lower's technology stack.
  • Lower aims to develop a proprietary tech stack rather than becoming a software provider.
  • Cost efficiency is a key focus, and they expect to see significant reductions post-acquisition.
  • Transparent leadership integration is essential for successful acquisitions and team cohesion.
  • Effective communication can alleviate fears at all levels during the acquisition process.
  • Coaching and support for producers are central to Lower's growth strategy.

  • Related to this episode:


    • Thrive Mortgage and Lower strike merger deal | HousingWire
    • Exclusive: Lower acquires software company Neat Labs | HousingWire
    • Lower.com
    • Dan Snyder | LinkedIn
    • HousingWire | YouTube

    • Enjoy the episode!


      The Power House podcast brings the biggest names in housing to answer hard-hitting questions about industry trends, operational and growth strategy, and leadership. Join HousingWire president Diego Sanchez every Thursday morning for candid conversations with industry leaders to learn how they’re differentiating themselves from the competition. Hosted and produced by the HousingWire Content Studio.

      Learn more about your ad choices. Visit megaphone.fm/adchoices

      ...more
      View all episodesView all episodes
      Download on the App Store

      Power HouseBy HousingWire

      • 4.7
      • 4.7
      • 4.7
      • 4.7
      • 4.7

      4.7

      62 ratings


      More shows like Power House

      View all
      America‘s Commercial Real Estate Show by Bull Realty

      America‘s Commercial Real Estate Show

      138 Listeners

      BiggerPockets Real Estate Podcast by BiggerPockets

      BiggerPockets Real Estate Podcast

      16,815 Listeners

      Real Estate Rockstars Podcast by Aaron Amuchastegui

      Real Estate Rockstars Podcast

      880 Listeners

      The Tom Ferry Podcast Experience by Tom Ferry

      The Tom Ferry Podcast Experience

      1,134 Listeners

      Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

      Real Estate News: Real Estate Investing Podcast

      568 Listeners

      It's a Good Life by Brian Buffini

      It's a Good Life

      2,541 Listeners

      Tax Smart Real Estate Investors Podcast by Hall CPA

      Tax Smart Real Estate Investors Podcast

      418 Listeners

      Founders by David Senra

      Founders

      1,803 Listeners

      RealTrending by RealTrends

      RealTrending

      15 Listeners

      Massive Agent Podcast by Dustin Brohm

      Massive Agent Podcast

      331 Listeners

      The RMD Podcast by Reverse Mortgage Daily

      The RMD Podcast

      4 Listeners

      Morning Brew Daily by Morning Brew

      Morning Brew Daily

      2,949 Listeners

      The Loan Officer Podcast by Dustin Owen

      The Loan Officer Podcast

      196 Listeners

      The Prof G Pod with Scott Galloway by Vox Media Podcast Network

      The Prof G Pod with Scott Galloway

      5,199 Listeners

      HousingWire Daily by HousingWire

      HousingWire Daily

      153 Listeners

      BiggerPockets Daily by BiggerPockets

      BiggerPockets Daily

      321 Listeners

      Top of Mind by HousingWire

      Top of Mind

      25 Listeners

      On The Market by BiggerPockets

      On The Market

      894 Listeners

      House of Data by Altos Research

      House of Data

      4 Listeners