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
Goldman Sachs honors Better Mortgage CEO Vishal Garg
Oct 18, 2018Goldman Sachs recently recognized Better Mortgage Founder and CEO Vishal Garg on its 100 Most Intriguing Entrepreneurs 2018 list, highlighting his efforts in the housing sector. Garg said Better Mortgage considers the recognition to be a testament to the success of the company’s larger mission.
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Better Mortgage expands operations to three new states
Aug 09, 2018 -
2018 Rising Stars: Viral Shah
Jun 01, 2018 -
2018 HW Tech100 Winner: Better Mortgage
Apr 02, 2018 -
Better Mortgage becomes billion-dollar originator
Feb 16, 2018 -
Airbnb hosts can now use income in refinance mortgage apps
Feb 08, 2018 -
Better Mortgage launches in Texas
Jan 17, 2018 -
Better Mortgage locks in approval to lend in Florida
Aug 08, 2017 -
Better Mortgage offering $1,000 guarantee that it can beat other lenders’ pricing
Jun 28, 2017 -
2017 Rising Stars: Vishal Garg
Jun 01, 2017 -
Better Mortgage continues push into purchase mortgages
Apr 10, 2017 -
Better Mortgage raises $15 million to fund expansion
Feb 14, 2017