Better.com
| Company type | Public |
|---|---|
| Nasdaq: BETR | |
| Industry | Financial services |
| Founded | February 24, 2014 |
| Founder | Vishal Garg |
| Headquarters | 3 World Trade Center, New York City, US |
Key people |
|
| Services | Broker for mortgage origination, title insurance, and home insurance |
| Revenue | $91 million (2024) |
| -$206 million (2024) | |
| Total assets | $913 million (2024) |
| Total equity | -$58 million (2024) |
| Owner | SoftBank Vision Fund (16.9%) Activant Capital Group (16.7%) Vishal Garg (12.7%) Pine Brook Capital (6.6%) Novator Partners (5.7%) Ontario Pension Plan (3.9%) Riaz Valani (2.9%) |
| Website | better |
| Footnotes / references | |
Better Home & Finance Holding Company doing business as Better or Better.com, headquartered in New York City, provides mortgage origination and related services such as title insurance and home insurance online in the United States and United Kingdom.
Better processes, underwrites and closes mortgages for lenders such as Citibank and American Express and then sells them to secondary investors, including Fannie Mae and Wells Fargo. The company secures lead generation from personal finance companies such as American Express, Credit Karma, and NerdWallet. In 2024, the company funded $3.6 billion in loans. The average loan size was $306,000, and the average customer had an age of 43, FICO score of 754, and household income of $192,000.