At Better, we're making getting a mortgage fast, simple, and totally better. From our offices in NYC we are revolutionizing a $12 trillion industry. Americans pay more for housing than for almost all other things combined – 33% of personal consumption expenditure. Yet somehow the mortgage process still takes nearly 50 days, costs over $5,000 in administrative fees, and requires over 225 pages of paper and endless phone calls with commissioned loan brokers. We think this is insane – so we’re fixing it. Our team combines leading technologists from companies like Spotify and Google with a mortgage bank that has three generations of experience. Together we’re using data science, machine learning and UX design to make the mortgage experience what it should be -- an enjoyable and exciting part of the biggest transaction in most Americans’ lives.

New York, US
Size (employees)
162 (est)+11%
Better Mortgage was founded in 2015 and is headquartered in New York, US
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Key People/Management at Better Mortgage

Tiem Song

Tiem Song

Team Member
Chamath Palihapitiya

Chamath Palihapitiya

Co-Founder + Chairman
Christian Schwarzer

Christian Schwarzer

VP Distribution
Abhik Pramanik

Abhik Pramanik


Better Mortgage Office Locations

Better Mortgage has an office in New York
New York, US (HQ)
459 Broadway
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Better Mortgage Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$45 m

Latest funding size

$15 m

Time since last funding

a year ago


Better Mortgage's latest funding round in February 2017 was reported to be $15 m. In total, Better Mortgage has raised $45 m
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Better Mortgage News and Updates

Better Mortgage offering $1,000 guarantee that it can beat other lenders’ pricing

Better Mortgage, an online mortgage lender, is now offering borrowers a guarantee that its mortgage is cheaper than any other lenders’ options, and the lender is putting its money where its mouth is. Better Mortgage now guarantees that it will beat any competitor’s loan estimate by $1,000. If not, B…
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