Better Home & Finance Holding Co is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. The company has combined technology innovation and fresh thinking with a deep customer focus with the goal of revolutionizing the homeownership industry.

Better Home & Finance Holding Company

Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. 

From its founding in 2016 through mid 2021, Better funded over $45B in home loans and provided over $25B in cumulative coverage through Better Cover and Better Settlement Services, the insurance divisions of Better. Better has raised over $400M in equity capital since inception. 

The company was ranked #1 on LinkedIn’s Top Startups List for 2021 and 2020, #1 on Fortune’s Best Small and Medium Workplaces in New York, #15 on CNBC’s Disruptor 50 2020 list, as well as being listed to Forbes FinTech 50 for 2020. For more information, follow @betterdotcom.

Join us. 

 NMLS #330511 | NMLS Access: better.ryukyu/3WJ99P8

© 2021 Better Holdco, Inc. and/or its affiliates. All rights reserved.
Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 3 WTC, Floor 57, New York, NY 10007. Loans made or arranged pursuant to a California Finance Lenders Law License. Not available in all states. Equal Housing Lender. NMLS Consumer Access
Better Real Estate, LLC is a Virginia Licensed Real Estate Firm with its principal office located at 312-F East Market St., Leesburg, VA 20176. License #0266029484. Equal Housing Opportunity
Better Mortgage Corporation, Better Real Estate, LLC, Better Settlement Services, LLC and Better Cover, LLC are separate operating subsidiaries of Better Holdco, Inc. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation, and applicable and legal and regulatory requirements. Products not available in all states.

London House Exchange

SoftBank

Novator

SoftBank Vision Fund

Raison Asset Management

Goldman Sachs

GS Growth

Manhattan West

Citi

Empede Capital

Ping An Global Voyager

9Yards Capital

Activant Capital

Ally Financial

American Express Ventures

L Catterton

Millennia Capital

Better

📊 💰 There are different ways to measure your credit score, but the FICO Score is used by 90% of top lenders to help determine your creditworthiness for a mortgage. 

Interested in learning how to improve each of these aspects of your credit score?  If you want a post breaking down how to improve each of these aspects, drop “CREDIT” below.

SOURCE: myFICO
Better Mortgage Corporation | NMLS #330511


🎉 Good news: According to Realtor.com, there were 8% more active listings in January of this year compared to January 2023.

Bad news: We’re still well below pre-pandemic levels, sitting 40% below where we were in January 2019. 

That said, January marked the third month of increasing listing activity after a 17-month streak of decline, so it looks like brighter days are on the horizon for this housing market!

Better Mortgage Corporation | NMLS #330511

🏘️ Congratulations to the members of Better Real Estate’s Better Agent Match team who helped us start 2024 strong with closings last month!

Interested in connecting with homebuyers in your area? Learn more: https://lnkd.in/ejjSAWvw 

As the mortgage industry continues to grow and evolve, we're excited to see increasing interest from our clients in the Infosys-Better Mortgage as a Service offering. This integrated end-to-end digital tech and ops platform provides an outstanding customer experience and originates loans at the lowest cost. Banks and IMBs have a great opportunity to leverage this battle-tested white label solution. Infosys is proud to partner with Better to help our clients navigate the next chapter of digital transformation in the mortgage industry. 

https://lnkd.in/eheEhXGQ

Infosys Infosys Financial Services Dennis Gada Vivek Bakshi John Thottungal Madhav Kandlapalli Manish Sharma Suraj Swaminathan 
Better Vishal Garg Vikram Jaipuria Dom Savino

#mortgage #mortgageasaservice #digitaltransformation #navigateyournext 


Buyer-representation in real estate is over!?

At Better, we don't believe so. In fact, we help unrepresented borrowers seamlessly connect with top, local #realestateagents via our Better Agent Match program. 

We're looking for motivated individuals to join our team and help us grow our network of partner agents! 

	Dec '15	Dec '16	Dec '21	Dec '22	Dec '23
revenue	183.91M -	270.81M 47.25%	1.22B 349.47%	361.09M 70.33%	88.50M 75.49%
cost of revenue	80.97M -	140.70M 73.76%	874.91M 521.83%	657.07M 24.90%	149.81M 77.20%
gross profit	102.94M -	130.11M 26.39%	342.30M 163.08%	-295.97M 186.47%	-61.31M 79.29%
selling and marketing expenses	18.53M -	32.05M 72.99%	248.90M 676.61%	69.02M 72.27%	22.08M 68.01%
general and administrative expenses	27.73M -	6.16M 77.80%	100.69M 1,535.56%	112.16M 11.40%	92.84M 17.23%
selling general and administrative expenses	46.26M -	38.20M 17.41%	349.58M 815.01%	181.18M 48.17%	114.92M 36.57%
research and development expenses			144.49M -	124.91M 13.55%	83.81M 32.90%
other expenses	20.05M -	32.05M 59.86%		3.74M -	13.61M 263.91%
cost and expenses	147.28M -	210.95M 43.23%	1.37B 549.39%	967.17M 29.40%	350.64M 63.75%
operating expenses	66.31M -	70.25M 5.95%	495.00M 604.59%	310.10M 37.35%	200.83M 35.24%
interest expense	12.43M -	22.90M 84.25%	100.97M 340.97%	303.18M 200.25%	31.60M 89.58%
ebitda	42.01M -	75.05M 78.66%	-125.48M 267.19%	-553.29M 340.95%	-205.63M 62.84%
operating income	36.63M -	60.36M 64.78%	-239.68M 497.05%	-870.83M 263.34%	-291.28M 66.55%
depreciation and amortization	5.37M -	9.50M 76.82%	27.22M 186.56%	49.04M 80.17%	42.89M 12.54%
total other income expenses net	-12.43M -	-17.71M 42.51%	-49.84M 181.40%	21.55M 143.24%	-240.69M 1,216.78%
income before tax	24.21M -	42.65M 76.21%	-303.51M 811.58%	-887.70M 192.48%	-534.42M 39.80%
income tax expense	14.32M -	15.36M 7.26%	-2.38M 115.51%	1.10M 146.16%	2.00M 81.64%
net income	9.88M -	27.29M 176.11%	-301.13M 1,203.32%	-888.80M 195.16%	-536.42M 39.65%
weighted average shs out	74.82M -	71.44M 4.52%	737.59M 932.48%	737.59M 0%
weighted average shs out dil	74.82M -	71.52M 4.41%	737.59M 931.28%	737.59M 0%
eps	0.13 -	0.38 192.31%	-0.41 207.89%	-1.21 195.12%
epsdiluted	0.13 -	0.38 192.31%	-0.41 207.89%	-1.21 195.12%

NASDAQ:BETR

Better Holdco, Inc.

Last Close

0.51

26/07 20:00

Market Cap

386.11M

Beta: 1.92

Volume Today

923.46K

Avg: 2.01M

PE Ratio

−0.42

PFCF: −2.35

Preview