TECHNOLOGY CROSSOVER MANAGEMENT II LLC
SC 13G, 2000-02-01
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  Schedule 13G
                                 (Rule 13d-102)

 INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c)
           AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
                               (Amendment No. 1)*


                               Mortgage.com, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    67910V102
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 1999
- --------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

         [ ]   Rule 13d-1(b)

         [X]   Rule 13d-1(c)

         [ ]   Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                         (Continued on following pages)



                               Page 1 of 24 Pages



<PAGE>   2

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                  Page 2 of 24 Pages
- --------------------                                        --------------------

- --------------------------------------------------------------------------------
           NAME OF REPORTING PERSON
           TCV II, V.O.F.
           See Item 2 for list of Managing General Partners
1          I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                         (a)   [ ]     (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Netherlands Antilles
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      67,733(A)
                               -------------------------------------------------
         NUMBER OF
          SHARES               6      SHARED VOTING POWER
       BENEFICIALLY                   0(A)
       OWNED BY EACH           -------------------------------------------------
         REPORTING
          PERSON               7      SOLE DISPOSITIVE POWER
           WITH                       67,733(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                        67,733(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                   [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           0.2%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 6,588,201 shares owned beneficially by the other
    reporting persons indicated in this Schedule 13G, as to which this reporting
    person disclaims beneficial ownership.


<PAGE>   3

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                  Page 3 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------
1          NAME OF REPORTING PERSON
           TECHNOLOGY CROSSOVER VENTURES II, L.P.
           See Item 2 for identification of General Partner
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                        (a)  [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      2,084,955(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      2,084,955(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                      2,084,955(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                    [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                    4.8%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 4,570,979 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   4

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                  Page 4 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON
           TCV II (Q), L.P.
           See Item 2 for identification of General Partner
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                        (a)   [ ]    (b)    [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      1,602,943(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      1,602,943(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                     1,602,943(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                     [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                      3.7%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 5,052,991 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   5

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                  Page 5 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON
           TCV II STRATEGIC PARTNERS, L.P.
           See Item 2 for identification of General Partner
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                     (a)   [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      284,471(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      284,471(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                   284,471(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                  0.7%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 6,371,463 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   6

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                  Page 6 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON
           TECHNOLOGY CROSSOVER VENTURES II, C.V.
           See Item 2 for identification of General Partners
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                   (a)   [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Netherlands Antilles
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      318,331(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      318,331(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                      318,331(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                 [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                   0.7%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 6,337,603 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   7

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                  Page 7 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON
           TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C.
           See Item 2 for list of Managing Members
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                    (a)   [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      4,358,433(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      4,358,433(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                     4,358,433(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                  [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                   10.1%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           OO
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 2,297,501 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   8

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                  Page 8 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON      TCV III, L.P.
           See Item 2 for identification of General Partner
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                  (a)   [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      79,241(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      79,241(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                         79,241(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                    [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                     0.2%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 6,576,693 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   9

- --------------------                                        --------------------
CUSIP NO. 6910V102                    13 G                    Page 9 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON      TCV III (Q), L.P.
           See Item 2 for identification of General Partner
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                    (a)   [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      2,106,201(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      2,106,201(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                        2,106,201(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                   [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                       4.9%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 4,549,733 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   10







- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 10 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON      TCV III STRATEGIC PARTNERS, L.P.
           See Item 2 for identification of General Partner
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                     (a)   [ ]     (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      95,379(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      95,379(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                      95,379(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                    [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                     0.2%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 6,560,555 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.



<PAGE>   11

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 11 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON      TCV III (GP)
           See Item 2 for identification of Managing General Partner
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                   (a)   [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      16,680(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      16,680(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                       16,680(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                    [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                     0.0%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           PN
- --------------------------------------------------------------------------------

(A)   Excludes an aggregate of 6,639,254 shares owned beneficially by the other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.




<PAGE>   12

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 12 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON  TECHNOLOGY CROSSOVER MANAGEMENT III, L.L.C.
           See Item 2 for a list of Managing Members
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                     (a)   [ ]     (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   Delaware
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      2,297,501(A)
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  0(A)
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      2,297,501(A)
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0(A)
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                      2,297,501(A)
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                      [X]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                       5.3%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           OO
- --------------------------------------------------------------------------------
(A)   Excludes an aggregate of 4,358,433 shares owned beneficially by other
      reporting persons indicated in this Schedule 13G, as to which this
      reporting person disclaims beneficial ownership.


<PAGE>   13

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 13 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON      JAY C. HOAG
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                    (a)   [ ]    (b)   [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   U.S. Citizen
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      0
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  6,655,934
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      6,655,934
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                        0
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                          6,655,934
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                       [ ]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                       15.5%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           IN
- --------------------------------------------------------------------------------



<PAGE>   14

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 14 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON      RICHARD H. KIMBALL
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                 (a)    [ ]    (b)    [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   U.S. Citizen
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      0
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  6,655,934
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      6,655,934
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      0
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                           6,655,934
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                         [ ]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        15.5%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           IN
- --------------------------------------------------------------------------------





<PAGE>   15

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 15 of 24 Pages
- --------------------                                        --------------------


- --------------------------------------------------------------------------------

1          NAME OF REPORTING PERSON      C. TOMS NEWBY III
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                   Tax ID Number:
- --------------------------------------------------------------------------------

2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                (a)    [ ]    (b)    [X]
- --------------------------------------------------------------------------------

3          SEC USE ONLY
- --------------------------------------------------------------------------------

4          CITIZENSHIP OR PLACE OF ORGANIZATION
                   U.S. Citizen
- --------------------------------------------------------------------------------

                               5      SOLE VOTING POWER
                                      0
                               -------------------------------------------------
          NUMBER OF
           SHARES              6      SHARED VOTING POWER
        BENEFICIALLY                  6,655,934
        OWNED BY EACH          -------------------------------------------------
          REPORTING
           PERSON              7      SOLE DISPOSITIVE POWER
            WITH                      0
                               -------------------------------------------------

                               8      SHARED DISPOSITIVE POWER
                                      6,655,934
- --------------------------------------------------------------------------------

9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
           REPORTING PERSON                                       6,655,934
- --------------------------------------------------------------------------------

10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
           EXCLUDES CERTAIN SHARES                                    [ ]
- --------------------------------------------------------------------------------

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                    15.5%
- --------------------------------------------------------------------------------

12         TYPE OF REPORTING PERSON
           IN
- --------------------------------------------------------------------------------



<PAGE>   16

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 16 of 24 Pages
- --------------------                                        --------------------

                ITEM 1.


                (a)     NAME OF ISSUER: Mortgage.com, Inc. (the "Company")
                (b)     ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 8751
                        Broward Boulevard, Plantation, FL 33324

                ITEM 2.

        Set forth below is the following information with respect to each of the
persons filing this Schedule 13G (together, the "Filing Persons"): (a) name; (b)
address of principal offices (if entity) or residence or business address (if
individual); (c) citizenship (if individual) or jurisdiction of organization (if
entity); (d) title of class of securities and (e) CUSIP number.

        I.

                (a)     TCV II, V.O.F., a Netherlands Antilles general
                        partnership ("TCV II, V.O.F."). The Managing General
                        Partners of TCV II, V.O.F. are Technology Crossover
                        Management II, L.L.C., a Delaware limited liability
                        company ("TCM II") and Technology Crossover
                        Administrator II, N.V., a Netherlands Antilles
                        corporation ("TCA II"). The sole Managing Members of TCM
                        II are Jay C. Hoag ("Hoag") and Richard H. Kimball
                        ("Kimball"). TCA II is ultimately controlled by Hoag and
                        Kimball.
                (b)     Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
                (c)     Netherlands Antilles
                (d)     Common Stock
                (e)     67910V102

        II.

                (a)     Technology Crossover Ventures II, L.P., a Delaware
                        limited partnership ("TCV II, L.P."). The General
                        Partner of TCV II, L.P. is TCM II.
                (b)     575 High Street, Suite 400, Palo Alto, CA 94301
                (c)     Delaware
                (d)     Common Stock
                (e)     67910V102

        III.

                (a)     TCV II (Q), L.P., a Delaware limited partnership ("TCV
                        II (Q)"). The General Partner of TCV II (Q) is TCM II.
                (b)     575 High Street, Suite 400, Palo Alto, CA 94301
                (c)     Delaware
                (d)     Common Stock
                (e)     67910V102

        IV.

                (a)     TCV II Strategic Partners, L.P., a Delaware limited
                        partnership ("TCV II SP"). The General Partner of TCV II
                        SP is TCM II.
                (b)     575 High Street, Suite 400, Palo Alto, CA 94301
                (c)     Delaware


<PAGE>   17

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 17 of 24 Pages
- --------------------                                        --------------------

                (d)     Common Stock
                (e)     67910V102

        V.

                (a)     Technology Crossover Ventures II, C.V., a Netherlands
                        Antilles limited partnership ("TCV II, C.V."). The
                        General Partners of TCV II, C.V. are TCM II and TCA II.
                (b)     Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
                (c)     Netherlands Antilles
                (d)     Common Stock
                (e)     67910V102

        VI.

                (a)     Technology Crossover Management II, L.L.C., a Delaware
                        limited liability company.
                (b)     575 High Street, Suite 400, Palo Alto, CA 94301
                (c)     Delaware
                (d)     Common Stock
                (e)     67910V102

        VII.

                (a)     TCV III, L.P., a Delaware limited partnership ("TCV III,
                        L.P."). The General Partner of TCV III, L.P. is
                        Technology Crossover Management III, L.L.C., a Delaware
                        limited liability company ("TCM III"). The sole Managing
                        Members of TCM III are Hoag and Kimball.
                (b)     575 High Street, Suite 400, Palo Alto, CA 94301
                (c)     Delaware
                (d)     Common Stock
                (e)     67910V102

        VIII.

                (a)     TCV III (Q), L.P., a Delaware limited partnership ("TCV
                        III (Q)"). The General Partner of TCV III (Q) is TCM
                        III.
                (b)     575 High Street, Suite 400, Palo Alto, CA 94301
                (c)     Delaware
                (d)     Common Stock
                (e)     67910V102

        IX.

                (a)     TCV III Strategic Partners, L.P., a Delaware limited
                        partnership ("TCV III SP"). The General Partner of TCV
                        III SP is TCM III.
                (b)     575 High Street, Suite 400, Palo Alto, CA 94301
                (c)     Delaware
                (d)     Common Stock
                (e)     67910V102



<PAGE>   18


- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 18 of 24 Pages
- --------------------                                        --------------------


        X.

               (a)    TCV III (GP), a Delaware general partnership ("TCV III
                      (GP)"). The Managing General Partner of TCV III (GP) is
                      TCM III.
               (b)    575 High Street, Suite 400, Palo Alto, CA 94301
               (c)    Delaware
               (d)    Common Stock
               (e)    67910V102

        XI.
               (a)    Technology Crossover Management III, L.L.C., a Delaware
                      limited liability company.
               (b)    575 High Street, Suite 400, Palo Alto, CA 94301
               (c)    Delaware
               (d)    Common Stock
               (e)    67910V102

        XII.
               (a)    Jay C. Hoag
               (b)    575 High Street, Suite 400, Palo Alto, CA 94301
               (c)    U.S. Citizen
               (d)    Common Stock
               (e)    67910V102

        XIII.
               (a)    Richard H. Kimball
               (b)    575 High Street, Suite 400, Palo Alto, CA 94301
               (c)    U.S. Citizen
               (d)    Common Stock
               (e)    67910V102

        XIV.
               (a)    C. Toms Newby III ("Newby")
               (b)    575 High Street, Suite 400, Palo Alto, CA 94301
               (c)    U.S. Citizen
               (d)    Common Stock
               (e)    67910V102

                ITEM 3.

        Not Applicable

                ITEM 4.

        (a), (b) and (c) This Schedule 13G shall not be construed as an
admission that any Filing Person is, either for purposes of Section 13(d) or
13(g) of the Act or for other purposes, the beneficial owner of any Common Stock
disclosed in this Schedule 13G. The aggregate number and percentage of the class
of securities identified pursuant to Item 1 of this Schedule 13G that,

<PAGE>   19

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CUSIP NO. 6910V102                      13 G                 Page 19 of 24 Pages
- --------------------                                        --------------------

        pursuant to Rule 13d-3, may be deemed to be beneficially owned by each
Filing Person are as follows:

<TABLE>
<CAPTION>
                                 Common Stock                                         Dispositive
        Filing Person         Beneficially Owned    % of Class(1)     Voting Power       Power
        -------------         ------------------    -------------     ------------    -----------
<S>                           <C>                   <C>               <C>             <C>
TCV II, V.O.F.(2)                      67,733            0.2%             sole            sole
TCV II, L.P.(2)                     2,084,955            4.8%             sole            sole
TCV II (Q)(2)                       1,602,943            3.7%             sole            sole
TCV II SP(2)                          284,471            0.7%             sole            sole
TCV II, C.V.(2)                       318,331            0.7%             sole            sole
TCM II                              4,358,433           10.1%             sole            sole
TCV III, L.P.(3)                       79,241            0.2%             sole            sole
TCV III (Q)(3)                      2,106,201            4.9%             sole            sole
TCV III SP(3)                          95,379            0.2%             sole            sole
TCV III (GP)(3)                        16,680            0.0%             sole            sole
TCM III                             2,297,501            5.3%             sole            sole
Hoag(4)                             6,655,934           15.5%            shared           sole
Kimball(4)                          6,655,934           15.5%            shared           sole
Newby(5)                            6,655,934           15.5%            shared          shared
</TABLE>

                      (1)    All percentages in this table are based on the
                             42,987,467 shares of Common Stock of the Company
                             outstanding as of November 3, 1999, as reported in
                             the Company's Quarterly Report on Form 10-Q for the
                             period ended September 30, 1999.

                      (2)    Each noted entity (together, the "TCV II Funds") is
                             the holder of record of the securities set forth
                             opposite the name of such entity and has sole
                             voting and investment power with respect to such
                             securities. TCM II, as sole General Partner of TCV
                             II, L.P., TCV II (Q) and TCV II SP, and as
                             Investment General Partner of TCV II, V.O.F. and
                             TCV II, C.V., may also be deemed to have sole
                             voting and investment power with respect to such
                             securities. TCM II disclaims beneficial ownership
                             of such securities except to the extent of its
                             pecuniary interest therein.

                      (3)    Each noted entity (together, the "TCV III Funds")
                             is the holder of record of the securities set forth
                             opposite the name of such entity and has sole
                             voting and investment power with respect to such
                             securities. TCM III, as sole General Partner of TCV
                             III, L.P., TCV III (Q) and TCV III Strategic
                             Partners, and the Managing General Partner of TCV
                             III (GP), may also be deemed to have sole voting
                             and investment power with respect to such
                             securities. TCM III disclaims beneficial ownership
                             of such securities except to the extent of its
                             pecuniary interest therein.

                      (4)    Under the operating agreement of TCM II and TCM
                             III, Hoag and Kimball have the independent power to
                             cause the funds managed by such entity to buy and
                             sell securities of publicly traded portfolio
                             companies, however, in general, they must act by
                             unanimous consent with respect to all other
                             matters, including directing the voting of such
                             securities. As a result, Hoag and Kimball may also
                             be deemed to have sole dispositive power and shared
                             voting power with respect to the securities held by
                             the TCV II Funds and TCV III Funds. Hoag and
                             Kimball disclaim beneficial ownership of such
                             securities except to the extent of their respective
                             pecuniary interests therein.



<PAGE>   20

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 20 of 24 Pages
- --------------------                                        --------------------


                      (5)    Under the operating arrangement of TCM II and TCM
                             III, Newby shares power with Hoag and Kimball to
                             cause the funds managed by such entity to buy and
                             sell the securities of the Company and to direct
                             the voting of the securities of the Company.
                             Accordingly, Newby may also be deemed to have
                             shared dispositive power and shared voting power
                             with respect to the securities of the Company held
                             by the TCV II Funds and TCV III Funds. Newby
                             disclaims beneficial ownership of such securities
                             except to the extent of his pecuniary interest
                             therein.

                ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

        Not Applicable.

                ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
                        ANOTHER PERSON

        Not Applicable.

                ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
                        WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
                        PARENT HOLDING COMPANY

        Not Applicable.

                ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
                        GROUP

        This Schedule 13G is being filed jointly pursuant to Rule 13d-1(k). As a
result of the relationships among the Filing Persons described herein, some or
all of the Filing Persons may be deemed to comprise a "group" within the meaning
of Section 13 and the Rules promulgated thereunder. However, the Filing Persons
deny such group status.

                ITEM 9. NOTICE OF DISSOLUTION OF GROUP

        Not Applicable.

                ITEM 10. CERTIFICATION

        By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.



<PAGE>   21

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 21 of 24 Pages
- --------------------                                        --------------------

                        MATERIAL TO BE FILED AS EXHIBITS

        The following exhibit was filed as Exhibit A to the Schedule 13D
relating to the Common Stock of Digital Generation Systems, Inc. filed by the
undersigned with the Securities and Exchange Commission on September 5, 1997 and
is hereby incorporated herein by reference, as updated by Exhibit B hereto:

        Exhibit A - Statement Appointing Designated Filer and Authorized Signer
dated September 5, 1997

        The following exhibit was filed as Exhibit B to the Schedule 13G
relating to the Common Stock of PSW Technologies, Inc. filed by the undersigned
with the Securities and Exchange Commission on October 23, 1998 and is hereby
incorporated herein by reference:

        Exhibit B - October 23, 1998 Update to Exhibit A to the Designated Filer
Statement

        The following exhibit was filed as Exhibit C to the Schedule 13G
relating to the Common Stock of Cacheflow, Inc. filed by the undersigned with
the Securities and Exchange Commission on November 29, 1999 and is hereby
incorporated herein by reference:

        Exhibit C - Agreement to File Jointly and Statement Appointing
Designated Filer and Authorized Signatory



<PAGE>   22

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 22 of 24 Pages
- --------------------                                        --------------------

                                   SIGNATURES


        After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.




Dated:  January 31, 2000                       TCV II, V.O.F.,
                                               a Netherlands Antilles General
                                               Partnership


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TECHNOLOGY CROSSOVER VENTURES II,
                                               L.P., a Delaware Limited
                                               Partnership


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TCV II (Q), L.P.,
                                               a Delaware Limited Partnership


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TCV II STRATEGIC PARTNERS, L.P.,
                                               a Delaware Limited Partnership


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory




<PAGE>   23

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 23 of 24 Pages
- --------------------                                        --------------------

Dated:  January 31, 2000                       TECHNOLOGY CROSSOVER VENTURES II,
                                               C.V., a Netherlands Antilles
                                               Limited Partnership


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TECHNOLOGY CROSSOVER MANAGEMENT
                                               II, L.L.C., a Delaware Limited
                                               Liability Company


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TCV III (GP),
                                               a Delaware General Partnership

                                               By:    /s/ Robert C. Bensky
                                                      --------------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TCV III, L.P.,
                                               a Delaware Limited Partnership

                                               By:    /s/ Robert C. Bensky
                                                      --------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TCV III (Q), L.P.,
                                               a Delaware Limited Partnership

                                               By:    /s/ Robert C. Bensky
                                                      --------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory




<PAGE>   24

- --------------------                                        --------------------
CUSIP NO. 6910V102                      13 G                 Page 24 of 24 Pages
- --------------------                                        --------------------


Dated:  January 31, 2000                       TCV III STRATEGIC PARTNERS, L.P.,
                                               a Delaware Limited Partnership

                                               By:    /s/ Robert C. Bensky
                                                      --------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       TECHNOLOGY CROSSOVER MANAGEMENT
                                               III, L.L.C.
                                               a Delaware Limited Liability
                                               Company

                                               By:    /s/ Robert C. Bensky
                                                      --------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       JAY C. HOAG


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       RICHARD H. KIMBALL


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory


Dated:  January 31, 2000                       C. TOMS NEWBY III


                                               By:    /s/  Robert C. Bensky
                                                      ---------------------
                                                      Robert C. Bensky
                                                      Authorized Signatory






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