7 Mortgage Information Business Success Stories [2024]

Updated: November 19th, 2023
Start A Mortgage Information Business

Here are some real life success stories of starting a mortgage information business:

1. Perch ($960K/year)

Alex Leduc, the Founder and CEO of Perch, came up with the idea for his real estate tech company after seeing how broken and inefficient the mortgage and real estate industry was during his time in the financial sector. He wanted to create a platform that would provide users with in-depth insights and personalized guidance throughout the homebuying process, allowing them to make more informed decisions. After testing and refining his MVP through feedback from friends, family, and strangers, Alex was able to launch Perch with a total startup cost of around $55,000 and has since raised $1 million in seed round funding.

How much they make: $960K/year
How much did it cost to start: $80K
Current team size: 20

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My Proptech Startup Makes $960K/Year Helping People Save Money On Their Mortgage

Toronto-based real estate tech company, Perch, offers a free analytics platform with personalized insights for homebuyers and homeowners, and has saved its users an average of $1,500 per year on their mortgage, with a 174% referral rate, and has raised $1m in seed round funding.

About
Alex started Perch almost 6 years ago
Revenue
Alex grew the business to $80K/month
Costs
It cost Alex $80000 to start the business
Read by 3,551 founders

So... can you actually make money with a mortgage information business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Quicken Loans

Website traffic: 6.12M/month

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5. Mortgage News Daily

Website traffic: 850K/month

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So... can you actually make money with a mortgage information business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Fannie Mae

Fannie Mae serves the people who house America. We are a leading source of financing for mortgage lenders in the U.S.

Where they're located: Washington, D.C., USA
Website traffic: 960K/month

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