What is Better Mortgage?

Published July 22, 2016

Updated October 24, 2025

Better
by Better

Have you ever wondered why buying or refinancing a home is so outdated and complex? You’re not alone. Millions of people go through the mortgage process each year. It is a cornerstone of our economy. Families everywhere build their lives around this asset. For almost everyone, their home represents the biggest financial transaction of their lives.

And yet the mortgage industry is so far behind.

  • It’s behind on technology. The best-in-class origination software was written in the ‘90s.
  • It’s needlessly unclear. Got that PUD / Condo Cert request? How about your VVOE or WVOE?
  • Worst of all, it’s not very user-friendly. Why does it take so many phone calls just to get pre-approved?

Everywhere we look we see legacy infrastructure, needless middlemen, and frustrating pain points. It’s clear that the process doesn’t work for the busy, modern-day, mobile consumer.

Some lenders pretend as if the internet doesn’t even exist.

We launched Better Mortgage with the goal of building a fundamentally different mortgage company; one that is simple, transparent, and completely online. Consumers are clamoring for a simpler mortgage experience. We believe better technology is the way.

At Better Mortgage, we’re bringing mortgages into the 21st century.

First we assembled a world-class engineering team. Our team hails from places like Google, Microsoft, and Spotify. Then we acquired an existing mortgage bank and rebuilt it from the ground up, rewriting traditional assumptions at every step.

Since we are a technology company at heart, our team is constantly improving the process as we learn from our customers.

Today we’re proud to offer a fully re-engineered mortgage experience that puts users first. In 2016, no one should have to play phone tag. No one should have to fax a document. And no one should have to pay thousands of dollars in commission to a loan officer who mostly slows the process down.

So what does that mean for you?


0% commission

Communicate on your terms. Work with our non-commissioned Mortgage Experts by chat, phone, email, or even text — we won’t call you unless you need us to (unless it’s really urgent). At Better Mortgage, you work with support, not sales.

100% online

Complete the entire process online — make progress 24/7. Nothing should slow you down.

Be efficient and paper-free. Save time by e-signing documents, linking bank accounts, and securely uploading files.

3-minute pre-approval

What used to take weeks now takes minutes. With Better Mortgage, applying for a pre-approval for a refinance or new mortgage only takes 3 minutes. And it won’t affect your credit score.

 A Better Mortgage is a Modern Mortgage. Get Pre Approved Now

Related posts

How to find a home in a good school district

More than half of homebuyers with children in school shop by school district. Here's what to know about the impact that can have.

Read now

Housing expense ratio: What it is and how to calculate it

Find out what the housing expense ratio is, how lenders use it to evaluate your creditworthiness, and what ratio you need to qualify for a mortgage.

Read now

Understanding the Mortgage Underwriting Process Timeline

Learn what the underwriting process timeline looks like, what underwriters review, common approval conditions, and how Better helps speed up the process.

Read now

What is the income needed for a 200k mortgage?

What is the income needed for a 200k mortgage? Understand how your earnings, debts, credit score, and loan terms impact affordability and monthly payments.

Read now

Homeowner credit scores are at a record high

Homeowner credit scores are at their highest in 15 years, and with new Fannie Mae rules, they could go further on a refinance application.

Read now

What the labor market slowdown means for mortgage rates and homebuyers

The U.S. labor market is slowing—and that could mean lower mortgage rates ahead. Learn how this shift affects home affordability, mortgage qualification, and whether now is the right time to buy.

Read now

Buying and selling a home at the same time

Buy first or sell first? Learn the pros and cons of each option, the value of a good team, and how to have your cake and eat it, too.

Read now

What are seller concessions? Examples, limits, and more

Learn how seller concessions work, who benefits from them, and how to negotiate them. Use this guide to understand seller concession limits by loan type.

Read now

Yes, you can buy a home—even with student loans!

Can you still buy a home if you have student loan debt? Turns out you have some options. Here’s what you should know about getting a mortgage.

Read now

Related FAQs

Interested in more?

Sign up to stay up to date with the latest mortgage news, rates, and promos.