Better Mortgage has launched services in two additional states: Hawaii and New Hampshire. The expansion, on the heels of Better Mortgage’s launch in Massachusetts in November, makes the fintech’s mortgage offerings available to 99 percent of the U.S. market, the company said in its announcement.
Better affiliates offer mortgage, real estate, title, and homeowners insurance services through a “digital, end-to-end homeownership platform.” Better’s mortgage affiliate, Better Mortgage, streamlines the home financing experience by combining technology with human intelligence to remove lender fees and commissions, empowering consumers with a simpler, faster, and cheaper process.
Better Mortgage claims it can grant homebuyers in the Granite State’s historically competitive housing market pre-approval in as little as three minutes and a closing process that can be up to 10 days faster than the industry average.
“Our meteoric growth over the last few years signals consumer demand for a digitized, end-to-end homeownership experience,” Better’s Head of Mortgage Operations Megan Bellingham said in a statement. “Better’s launch in Hawaii and New Hampshire is another step forward in our mission to make homeownership simpler, faster, and more accessible.”
The growth comes as Better weathers a scandal involving how its CEO handled a wave of layoffs last year.