Better.com
Better is a fully digital mortgage lender, a nonbank home loan provider that was founded in 2014. Headquartered in New York City, Better Mortgage was founded by Vishal Garg, with the goal of reengineering the mortgage process by using algorithms and third-party data to digitally provide applicants a pre-approval in just a few minutes. It provides mortgage, real estate, title and homeowner’s insurance services for consumers.
Better Mortgage participates in the retail lending channel and is ranked as one of the 20 largest overall lenders in the country, as of the third quarter of 2021. Better Mortgage received the No. 1 ranking for LinkedIn’s top startups in 2020 and 2021, and Forbes ranked the company as the best online mortgage lender of 2021.
According to Better, around one-third of its borrowers are first-time homebuyers. Better says it works with borrowers who have student loan debt, and that it will take into account some out-of-the-ordinary income, such as restricted stock units, Airbnb earnings and self-employment.
Latest Posts
Better.com names Devang Thakkar chief product officer
Oct 23, 2019Better.com announced the hire of Devang Thakkar as chief product officer this week. Working out of the company’s New York headquarters, Thakkar will lead the product and design teams.
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Compass now offering bridge loan services to help homeowners use equity to buy new homes
Oct 22, 2019 -
Better.com launches expansion in Charlotte, plans to hire 1,000 new employees
Sep 17, 2019 -
Digital mortgage company Better.com closes $160 million in funding
Aug 19, 2019 -
2019 Woman of Influence: Patricia Korth-McDonnell
Aug 01, 2019 -
Movement Mortgage, Better.com CEOs: The “one-click” mortgage is not the endgame for the housing business
Jun 14, 2019 -
The shifting landscape: Top lenders share insight on attracting today’s borrowers
Jun 13, 2019 -
Digital mortgage company Better.com expands to five new states
May 09, 2019 -
Ally Financial partnering with Better.com to launch digital mortgage platform
Apr 18, 2019 -
Citigroup invests in digital mortgage company Better Mortgage
Feb 21, 2019 -
Better Mortgage raises $70 million, led by American Express
Jan 31, 2019 -
Better Mortgage expands again, adds 8 new states
Nov 29, 2018