Better.com

Better.com

Online platform for home loans and refinancing

About Better.com

Simplify's Rating
Why Better.com is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Fintech

Real Estate

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2016

Overview

Better.com simplifies the home buying and refinancing process through a fully online platform. It serves homebuyers and homeowners looking to refinance their mortgages by providing quick loan estimates and pre-approvals, often within minutes. Unlike traditional lenders, Better.com does not charge origination fees or commissions, which can lead to significant savings for clients. The company generates revenue from the interest on loans and additional services like title and homeowners insurance. Better.com also offers related services such as Better Settlement Services for efficient communication and Better Real Estate to connect clients with real estate agents, enhancing the overall home buying experience. The goal of Better.com is to make securing a home loan faster, cheaper, and more transparent.

Simplify Jobs

Simplify's Take

What believers are saying

  • Launch of Betsy(TM) enhances customer interaction with voice-based AI loan assistance.
  • FHA Streamline Refinance product simplifies refinancing, attracting more customers.
  • Hiring of Misti Snow and Chad Smith strengthens operational leadership and efficiency.

What critics are saying

  • Backflip's innovative borrowing solutions pose a competitive threat to Better.com.
  • Tech layoffs may impact employee morale and Better.com's reputation.
  • Strategic shifts by new leadership could disrupt operations if not managed carefully.

What makes Better.com unique

  • Better.com offers a 100% online mortgage platform with no origination fees.
  • The company provides instant mortgage rates and pre-approvals, enhancing customer convenience.
  • Better.com integrates real estate and insurance services for a seamless home buying experience.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$2405M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Spac Private Placement funding comparison data is currently unavailable. We're working to provide this information soon!
Spac Private Placement Funding Comparison
Coming Soon

Benefits

Competitive compensation & equity

Remote-friendly opportunities

Unlimited PTO

Fully funded health, dental, vision, and fertility benefits

401k plans

Up to 20 weeks paid parental leave

Free lunch, even if you’re remote

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

-2%
Daily Content Newsletter
Dec 19th, 2024
Better.com hires Misti Snow as SVP of operations

Better.com announced Thursday that it has hired Misti Snow as its new senior vice president of operations.

Business Wire
Oct 17th, 2024
Better.com launches Betsy(TM), the First Voice-Based AI Loan Assistant for the US Mortgage Industry

Better.com launches Betsy(TM), the first voice-based AI Loan Assistant for the US mortgage industry.

Business Wire
Sep 9th, 2024
Better.com Announces Launch of FHA Streamline Refinance Product

Better.com announces launch of FHA Streamline Refinance product.

PR Newswire
Jun 19th, 2024
4 Essential Ways To Create A Smoother Layoff Process

Franklin Buchanan, Post Up Careers Founder and Top LinkedIn Voice, provides business strategies to ease the outplacement process when terminating one or more employees.AIKEN, S.C., June 19, 2024 /PRNewswire/ -- Letting go even one employee is disruptive, and the more employees that are impacted, the more disruptive – and more public – it can be. No matter how legitimate the decision is, layoffs can have far-reaching impacts for an organization and its workforce, including impacts on culture, employee satisfaction, and reputation.They're also more public than ever. There are regular posts from employees on social media and tracking websites detailing the grizzly nature of some less-than-ideal layoffs, leading to messy publicity and scrutiny, as the CEOs of Better.com and Hypersocial, dubbed the "Crying CEO" have learned.An organization's layoff approach can minimize these potential risks while easing the transition of those being separated from the organization along with those that remain.Here are four essential strategies that companies and senior executives should follow to make layoffs smoother, avoid bad publicity, reduce internal tension, and set displaced employees up for success.1. Learn from experience.Layoffs should serve as a learning experience for organizations. If this isn't your first layoff, reflect on the steps taken to manage the prior action. This reflection can help reshape the company's strategies and approaches.If this is the first time you're facing this situation, do your research to learn from other's missteps, but also those that have successfully navigated layoffs.As a best practice, you should engage human resources and legal teams early, plus outplacement consultants, should you offer this support (which you should).2

GlobeNewswire
Jun 13th, 2024
Noom Announces Strategic Expansion Of Executive Team With Key Leadership Appointments

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Noom , the leading digital healthcare company committed to chronic disease prevention and empowering people to live better longer, is pleased to announce the appointment of three distinguished executives to its leadership team. Aaron Severs joins as Chief Product Officer, Peter Scherr joins as Chief Marketing Officer, and Dr. Adonis Saremi is promoted to Chief Medical Officer. These strategic hires are set to bolster Noom's innovative approach to health and wellness, driving the company toward new heights of growth and success.“We are excited for the addition of Adonis, Peter, and Aaron to Noom’s executive team,” said Geoff Cook, CEO of Noom. “Their combined expertise in product innovation, marketing strategy, and medical leadership will be invaluable as we continue to expand our offerings, focus on GLP-1s and make healthy living accessible to millions more around the globe.”Dr. Adonis Saremi, with dual board certification in Internal Medicine and Clinical Informatics and board eligibility in Obesity Medicine, transitions into his role at Noom as Chief Medical Officer

Recently Posted Jobs

Sign up to get curated job recommendations

Accounting Specialist

Noida, Uttar Pradesh, India

Senior Data Analyst

Noida, Uttar Pradesh, India

Loan Specialist

Burlington, VT, USA

See All Jobs

Better.com is Hiring for 10 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Better.com's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Better.com

Point

Point

Palo Alto, California

Redfin

Redfin

Seattle, Washington

Blend

Blend

San Francisco, California

Senior Data Analyst

Noida, Uttar Pradesh, India

Loan Specialist

Burlington, VT, USA

See All Jobs

Better.com is Hiring for 10 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Better.com's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Better.com

Point

Point

Palo Alto, California

Redfin

Redfin

Seattle, Washington

Blend

Blend

San Francisco, California