Better Mortgage

Better Mortgage

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A direct lender dedicated to providing a fast, transparent digital mortgage experience backed by superior customer support. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-(70 %)(75 %)
EBITDA000000000000
% EBITDA margin(10 %)(153 %)(232 %)
Profit000000000000
% profit margin(25 %)(246 %)(606 %)
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000
R&D % of revenue12 %35 %95 %
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SPAC IPO
Total Funding000k

Recent News about Better Mortgage

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More about Better Mortgageinfo icon
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Better.com is a modern financial technology company that aims to simplify the home buying and refinancing process. The company primarily serves homebuyers and homeowners looking to refinance their mortgages. Operating in the real estate and mortgage markets, Better.com leverages technology to streamline and expedite the traditionally cumbersome process of securing a home loan.

The business model of Better.com is centered around providing a 100% online platform that eliminates the need for physical paperwork and in-person meetings. This digital-first approach allows for faster loan estimates and pre-approvals, often within minutes. Unlike traditional mortgage lenders, Better.com does not charge origination fees or commissions, which can save clients thousands of dollars. The company makes money through the interest on the loans it provides and by offering additional services such as title insurance and homeowners insurance.

Better.com also offers a suite of related services to enhance the home buying experience. Better Settlement Services ensures efficient communication and quick closings by working directly with Better Mortgage. Better Real Estate connects clients with trusted real estate agents and offers financial incentives for using their partner agents. This integrated approach aims to make the entire process—from finding a home to closing the deal—as seamless as possible.

In summary, Better.com is revolutionizing the mortgage industry by using technology to provide faster, cheaper, and more transparent home loans. The company serves homebuyers and homeowners looking to refinance, operating primarily in the real estate and mortgage markets. Its business model focuses on a digital platform with no extra fees, making money through loan interest and additional services.

Keywords: mortgage, refinance, home loan, digital platform, no fees, real estate, title insurance, homeowners insurance, quick closing, technology-driven.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
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Investments by Better Mortgage

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London House Exchange (Formerly Property Partner)
ACQUISITION by Better Mortgage Sep 2021
Trussle
ACQUISITION by Better Mortgage Jul 2021