NEW YORK--(BUSINESS WIRE)--Better Mortgage, a digital mortgage company working to improve access to home financing for all Americans, is pleased to announce that it has launched its services in Mississippi, Iowa, and South Dakota. Better’s expansion into these new markets brings the company closer to its ultimate goal of offering affordable, accessible, and transparent home lending services to prospective homebuyers nationwide.
“At Better, we want to make homeownership an option for every American – it’s at the core of what we do,” said Vishal Garg, CEO and co-founder of Better Mortgage. “One small piece standing in our way is being licensed in every state. This move gets us one step further. We'll offer our customers in these states a 21st century home financing experience that’s proven to be much simpler and much more affordable.”
Better recognizes that buying a home is often the most significant financial decision a person will make in their lifetime. The company eases the burden that this places on consumers by creating a seamless experience, without the friction, inefficiencies, and excess costs of the traditional mortgage process. Better puts the consumer in control through advanced technology and intuitive tools, complemented by support from Better’s skilled, non-commissioned loan officers, who are dedicated to improving the borrower’s experience. The result is a uniquely user-friendly process, with loans closing faster than the industry average.
Better identified Iowa, Mississippi, and South Dakota strategically for this latest expansion. Launching its services in these three states will enable Better to reach 7 million additional potential homebuyers. That brings the company’s market reach to over 180 million people in 19 states. Most recently, Better also began offering its services in Michigan and Tennessee.
“We’ve taken great care to study the issues facing the average homebuyer, from rising mortgage rates to tight housing inventory, in order to improve our services and tailor them to the specific needs of every market within each state that we operate,” added Eric Wilson, Head of Lending Innovation & Operations at Better Mortgage. “We are excited to offer residents of Iowa, Mississippi, and South Dakota the tools they’ll need to achieve their homeownership dreams.”
Since the launch of Better.com in January 2016, Better Mortgage has grown steadily to offer its lending services in 19 states including Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Iowa, Michigan, Mississippi, North Carolina, New Jersey, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, and Washington.
About Better Mortgage
Launched in 2016, Better.com is a full stack mortgage lender digitizing every step of the home financing process to make homeownership more affordable and accessible. Backed by Kleiner Perkins, Goldman Sachs, and Pinebrook, Better is focused on customer advocacy, putting consumers back in control of the most important financial decision of their lives. Named Best Mortgage Lender for Customer Service by NerdWallet, Better has an intuitive online platform, complemented by non-commissioned staff that guides customers through the process, starting with how much house they can afford or how much they can save, all the way through to closing, completely jargon-free with airtight certainty and the best rate possible. Better reached $1 billion loans funded in February 2018. For more information, follow them on Facebook, Twitter, and LinkedIn.