Better Mortgage

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.

Company Growth (employees)
Type
Private
HQ
New York, US
Founded
2015
Size (employees)
116 (est)+7%
Website
better.com
Better Mortgage was founded in 2015 and is headquartered in New York, US

Key People 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

Product

Better Mortgage Office Locations

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

Better Mortgage Data and Metrics

Summary Metrics

Founding Date

2015

Total Funding

$45 m

Latest funding size

$15 m

Time since last funding

4 months

Investors

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

Better Mortgage Online and Social Media Presence

Better Mortgage News and Updates

Better Mortgage Company Life and Culture

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