What is Better Mortgage?

Published July 22, 2016

Updated December 10, 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Have you ever wondered why buying or refinancing a home is so outdated and complex?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 use a HELOC to pay off a mortgage

Thinking about using a HELOC to pay off a mortgage? Learn how it works, the pros and cons, and alternative strategies for managing your home loan.

Read now

Co-borrower vs. cosigner: Which one is best for your loan?

Understand the key differences between co-borrowers vs. cosigners. Weigh the pros and cons, and learn tips to choose the best option for your financial goals.

Read now

FHA loan inspection and appraisal requirements: a guide

Understand FHA loan inspection requirements, what appraisers check, when inspections are triggered, common fails, and next steps to keep your closing on track.

Read now

What types of mortgage loans are available to you?

Many different types of mortgage loans exist, including fixed-rate, adjustable-rate, jumbo, FHA, and more, each with advantages for different homebuyers.

Read now

What inflation means for refinance rates

Learn how rising inflation influences current refinance mortgage rates, where they may be headed next, and why acting fast could save you money.

Read now

How the 2025 elections could influence mortgage rates — even in an off year

Unlike midterms in 2026, this fall’s elections won’t decide who sits in the White House or which party controls Congress. But that won’t make this year’s election cycle totally irrelevant to the broader economy and to mortgage rates.

Read now

What’s a mortgage statement? How it works and why it matters

What’s a mortgage statement? Learn how to read, understand, and use a statement to manage your loan and stay informed during your mortgage journey.

Read now

Refinance or forbearance: which is right for you?

The CARES Act makes it easier for those affected by COVID-19 to put their mortgage into forbearance—but a refinance might be a better option.

Read now

VA loan vs FHA: key insights to make the right choice

Compare VA loan vs FHA to see eligibility, down payment rules, pros, cons, and more. Learn which mortgage option works best for your homebuying needs.

Read now

Related FAQs

Interested in more?

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