Jan 31, 2019
Better Mortgage, one of the leading digital mortgage lenders in the U.S., today announced its closing of $70 million in Series C financing from American Express Ventures and the Healthcare of Ontario Pension Plan (HOOPP), in addition to existing investors Kleiner Perkins, Goldman Sachs, and Pine Brook.
Jan 30, 2019
Better Mortgage, one of the leading digital mortgage lenders in the U.S., today announced that it has launched services in four additional states: Alaska, Kentucky, Oklahoma and West Virginia.
Jan 17, 2019
Better Mortgage, one of the leading digital mortgage lenders in the U.S., today announced that it has launched a mortgage refinance program called Shutdown Relief Emergency Refi that allows federal employees to tap into their home equity for living expenses and delays loan payments for impacted federal government employees for up to 30 days after the end of the furlough.
Jan 16, 2019
Better Mortgage, one of the leading digital mortgage lenders in the U.S., today announced record-breaking 2018 results, including tripling mortgage originations, a doubling of its U.S. footprint as well as significant new talent gains. Better's growth significantly outperformed the mortgage industry which was adversely impacted by rising interest rates and a decrease in real estate sales volume.
Nov 29, 2018
Better Mortgage, one of the leading digital mortgage lenders in the U.S., today announced that it has launched services in eight additional states: Alabama, Arkansas, Delaware, Kansas, Louisiana, Maine, North Dakota, and Wisconsin.
October 11, 2018
"There’s almost a generation that has been used to seeing 3% or 4% rates that’s now seeing 5% rates," said Vishal Garg, founder and chief executive of Better Mortgage.
September 27, 2018
"Congratulations to the 100 companies that made our 10th annual list of the Best Places to Work in New York City. In partnership with Best Companies Group, Crain’s surveyed more than 20,000 employees..."
August 27, 2018
"A recent study found millennials have lower homeownership rates than the nation’s two previous generations, and millennials of color have rates nearly 15 percentage points lower than their white counterparts..."
August 9, 2018
"Better Mortgage, a digital mortgage company working to improve access to home financing for all Americans, is pleased to announce that it has launched its services in Mississippi, Iowa, and South Dakota..."
July 11, 2018
"The report suggests several ways to promote home ownership among Millennials. One, says Vishal Garg, CEO of Better Mortgage, is to rethink current credit standards..."
"Millennials are not as involved in homeownership as prior generations. We encourage all Millennials to join the conversation... and tell us about why homeownership is important to you."
"Better Mortgage... chose the Urban Institute to conduct this research because of their phenomenal dedication to elevating the debate on social and economic policy."
May 31, 2018
"For existing homeowners, there are now two new options... One is to refinance with help from Airbnb, which has teamed up with Quicken Loans, Citizens Bank, and Better Mortgage to ensure that hosts can include Airbnb Proof of Income in their application."
May 18, 2018
"The Oscar-like event showcased the companies with the most impressive technology who are paving the future in financial services and capital markets."
May 16, 2018
"This launch comes as Better sees growing adoption amongst first-time homebuyers in popular metros, which cities like Nashville and Memphis have in spades due to growing employment opportunities (we see you, Amazon) and affordable starter home inventory."
May 7, 2018
"Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance and zero commissions, today announced that it has hired Howard Katzenberg as Chief Financial Officer."
May 3, 2018
"Personally, Hager said he has put the housing crash behind him. He is energized about working at a start up that focuses on helping home buyers, particularly first-timers, through the mortgage process."
May 1, 2018
"According to Vishal Garg, CEO and founder of Better Mortgage, the program has seen big results since launching in February. 'As more and more Airbnb hosts are understanding that this is possible, we think this thing is gonna become really big."
"According to Capgemini’s Krishnan, fintechs can take market share from banks “very quickly and often times without any signals to the big banks that they are losing market share.” He cites examples like PayPal, TransferWise, SoFi, Better Mortgage, Stripe, Square and Ant Financials. Paypal (digital payments firm) has over $450 billon of annual payments."
Apr 30, 2018
"Garg believes those innovations will help buyers in their 20s and 30s avoid the same frustrations he had to endure. “They’re expecting a more modern mortgage experience than the one that’s available to them,” he says."
Apr 23, 2018
"Lenders have a social responsibility they cannot ignore to turn the tide and stop financial racism in its tracks. We call on the lending industry to eliminate commissions, leverage technology to remove racial bias, and help more home buyers take advantage of affordable lending programs."
Apr 11, 2018
"Figuring out what to do after a denial can be frustrating, since you likely won't be told why. "Mortgage brokers and most banks don't tell you because they don't like to take the compliance risk of telling you the exact reason, and a lot of times, they don't even know because the systems don't talk to each other," says Vishal Garg, the founder and CEO of Better.com, a digital mortgage company."
Feb 13, 2018
"Better Mortgage has been named in the Forbes Fintech 50 for 2018 for its work in disrupting the future of lending and real estate investment/finance."
Feb 8, 2018
"Vishal Garg, chief executive of Better Mortgage, said the program could be useful for empty nesters who rent out their children’s bedrooms and refinance to help pay for college tuition."
"Better Mortgage today announced the launch of a new initiative with Airbnb. Airbnb hosts who list their primary residence on Airbnb can now use that income to qualify for a refinance on that home, specifically."
Jan 16, 2018
"By digitizing every step of the antiquated financing process, Better is working to improve access to home financing for a new generation of homeowners."
Jan 9, 2018
Better Mortgage has been named NerdWallet's Best Online Mortgage Lender For Customer Service.
Dec 14, 2017
"Our appraisal panels make our digital company hyper local and help us level the playing field for first-time homeowners in communities where they want to put down roots. No other lender, local or otherwise, offers this option."
Dec 5, 2017
"The online lender Better Mortgage Corp. is testing a product that would underwrite mortgages within a day, allowing would-be buyers to better compete against cash offers. Company chief executive Vishal Garg started the company after he got outbid for his first home by a cash buyer several years ago."
Nov 3, 2017
"'I joined Better because of their attention to improving the entire mortgage process from the ground up, from qualification to close, for all parties in the transaction, internal and external,' says Corbett."
"'This tax plan would turn America from a nation of property owners into a nation of tenants renting from private equity-backed landlords,' argues Vishal Garg, CEO of Better Mortgage, an online mortgage lender focused on Millennials. 'Why should corporate landlords get the deduction if your consumer homebuyer can't?"
Oct 19, 2017
"By integrating with Samsung Reward’s API, [Better is] able to provide an even better customer experience to a new audience who wants to do everything from paying for coffee to buying a home right from their phone."
Sep 5, 2017
"The methods are meant to help a generation of homebuyers — mainly Millennials — who have delayed buying a home for financial and other reasons and have different housing situations than their parents did."
Jul 25, 2017
"By moving to a digital model, we’ve increased the speed at which people can obtain mortgages, decreased the costs by removing friction, and leveled the playing field when it comes to home-buying."
July 12, 2017
"When it comes to ideas at Better, everybody’s input is not only welcomed—it’s encouraged. The company stresses that it’s not just about having the best idea, but it’s about actually making it happen."
Jul 6, 2017
"We’ve made it an online process — you walk into an open house, you pull out your phone, give us a few details, and we can approve you [for a loan] for that house while you are still in the house,” Garg said. “It takes the entire stress out of the home-buying process, because you already know whether you can afford it or not."
Apr 26, 2017
According to borrowers Bruno and Sabrina looking for a home in San Francisco, getting pre-approved with Better.com "really gave us a significant advantage over other buyers, the seller felt much more confident working with us." When asked about the experience, they added, "it's way more than a disruption, it's a r-e-v-o-l-u-t-i-o-n!"
Apr 24, 2017
"Better doesn’t just digitize the traditional mortgage process...it makes the process of financing the purchase of a home so easy and certain for buyers."
Apr 19, 2017
"We can assure consumers the best price, so much so that we have the only rate guarantee in the industry, beating any valid competitor’s rate across every product by $1000, or we'll pay you $1000. No other lender has such a guarantee."
Apr 11, 2017
"We're going to serve the consumer better than anyone else."
Mar 29, 2017
"Better Mortgage is a digital platform that is helping take the confusion out of buying a home."
Mar 20, 2017
"Agents can feel confident referring leads to the website."
Feb 09, 2017
"With over half a billion dollars in loans originated in our first year—more than any other fintech startup in its initial year of launch—consumers have confirmed that we are onto something extraordinary." -Vishal Garg, Founder and CEO of Better.
"Online real estate lender Better Mortgage Inc. said Thursday that it has raised new money from Kleiner Perkins Caufield & Byers in a deal that values the company at $220 million."
Dec 09, 2016
"Better Mortgage is a full-stack mortgage company connecting consumers directly to funders, speeding and simplifying the process to purchase or refinance a home."
"We had an assembly line like a Model T assembly line and we turned that into a Tesla so we could focus on the things that matter the most to the consumer and to the investors."
Nov 24, 2016
"Better is now producing about $65 million of loans a month through its online platform, flipping the loans on to about 20 investors including Fannie Mae, the government-backed mortgage company."
Jul 19, 2016
"Getting a quote for a mortgage, whether it is for your first or refinancing your fifth house is not simple. Forgetting all the paper work and obnoxious phone calls you’ll have to make, you wont even know if you are getting the best quote. Thankfully, Better Mortgage is changing the game."
Jun 27, 2016
"The company, based in Lower Manhattan, aims to simplify the transaction process consumers undertake when buying a new house."
Jun 13, 2016
"Better Mortgage offers transparency, simplicity, and affordability in an industry traditionally driven by paper and human processing."
Jun 12, 2016
"Better Mortgage late last month was able to raise an additional $10 million in equity at a valuation of $110 million, a roughly 25% premium to what it was valued at last December."
Jan 27, 2016
"Better wants to change the process of getting a mortgage. Through its online platform, people can quickly get a rate quote and get pre-approved in under three minutes."
