Better Mortgage
Top Rated
100% commission-free digital mortgage experience
About Better Mortgage
Better Mortgage is a commission-free digital lender disrupting the traditional mortgage industry. Founded in 2016, Better has funded over $100 billion in mortgages by leveraging technology to eliminate commissions, fees, and unnecessary steps from the mortgage process. Their mission is to make homeownership more accessible and affordable for all Americans.
Key Features
- No Commission or Fees: Zero loan officer commissions, origination fees, or lender fees
- 3-Minute Pre-approval: Get an instant pre-approval letter with verified underwriting
- Better Price Guarantee: $100 if they can't match a competitor's price
- Better Cash Offer: Make a cash offer on a home, even without the cash on hand
- Better Real Estate: Built-in home search and agent matching service
- Closing Time: Close in as little as 21 days
Current Rates
Rates shown are for example purposes only. Your actual rate may differ based on your specific situation.
Loan Types
- Conventional Loans (Fixed & ARM)
- FHA Loans
- Conforming & Super-Conforming
- Jumbo Loans (up to $4 million)
- Bridge Loans
- Investment Property Loans
- Rate & Term Refinancing
- Cash-Out Refinancing
Requirements
- Minimum Credit Score: 620 (Conventional), 580 (FHA)
- Down Payment: 3% (Conventional), 3.5% (FHA), 10% (Jumbo)
- Debt-to-Income Ratio: Up to 50% (Conventional), 55% (FHA)
- Employment: 2 years history preferred, exceptions considered
- Income Verification: Recent pay stubs, W-2s, and tax returns
- Property Types: Single-family, multi-family (up to 4 units), condos, townhomes
Contact Information
- Website: www.better.com
- Phone: 1-888-501-3186
- Hours: Available 24/7 online, Phone support Mon-Fri 9am-9pm ET
- Address: 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
- NMLS ID: #330511