Zillow expands into the mortgage business

  • Zillow announces a new “Home Loans” division that will allow users shopping for mortgages to receive financing directly from the company.
  • It’s the company’s latest push toward having customers directly buy and sell homes.
  • The company said in February it was doubling down on its homebuying and selling business, projecting annual revenue of $20 billion over the next five years.
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$20B revenue would be more than 10x growth from current. It wouldn’t take a lot of house flipping to get there.