IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/6/2025 | Market Perform | Northland Capital |
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Executed two significant strategic partnerships during the third quarter, in addition to a third subsequent to the end of the third quarter, marking continued progress in our evolution as a platform and software provider powering the home finance ecosystem, with additional strategic partnerships expected in Q4 2025 The Company anticipates higher funded loan volume in Q4 2025 compared to the same quarter in 2024, expecting to achieve a $500 million monthly run rate in total funded loan volume driven by strong early performance from new strategic partnerships and a significant acceleration expected through the remainder of the quarter. Our initial progress into the fourth quarter comes so
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company"), the leading AI native home ownership company, today announced that Chief Executive Officer, Vishal Garg, will participate in the following November 2025 investor conferences: KBW FinTech Payments Conference, taking place from November 11 to 13 in New York City. Better will be holding investor meetings on Thursday, November 13. To schedule a meeting, please reach out to your KBW representative. ROTH 14th Annual Technology Conference, taking place Wednesday, November 19, in New York City. To schedule a meeting with Better, please reach out to your ROTH representative. About Better Home & Finance Ho
Award recognizes Soura's leadership in building AI-powered infrastructure that has transformed how borrowers, brokers, and lenders experience home finance Better.com, the leading AI-powered mortgage lender, today announced that Keith Soura, Vice President of Engineering at Better.com, has been named a 2025 HousingWire Tech Trendsetter. The award recognizes the most impactful technology leaders in the housing industry advancing AI innovation in the mortgage and home equity market to redefine what's possible across real estate, lending, and fintech. The HousingWire Tech Trendsetters program celebrates executives, product leaders, and technologists whose groundbreaking work is shaping the n
Better Home & Finance Holding Company (NASDAQ:BETR), the leading AI-native home finance company, intends to announce its third quarter 2025 results before market open on Thursday, November 13, 2025. A video conference call and webcast to discuss those results will be held the same day at 8:30 a.m. E.T. Details to register for the video conference call and live webcast will be available on the Company's investor relations website located at investors.better.com. Please join the webcast at least 10 minutes prior to the start time. A replay will be available on the Company's investor relations website shortly after the call ends on November 13, 2025. * Webcast Details * Event Title: Better
Better Home & Finance Holding Company (NASDAQ:BETR), the AI-powered homeownership company, today announced it has been awarded Bronze in the Lending category for Banking at the 2025 Money Awards, a premier benchmark for fintech excellence. The Money Awards is a premier global awards program recognizing transformative innovation across the financial technology ecosystem, with hundreds of submissions from over 40 countries. Earning a Bronze distinction places Better among an elite group of companies genuinely shaping the future of money. Jury president Joanne Hannaford, CIO & CPO Corporate Bank of Deutsche Bank, along with a panel of industry leaders selected Better for its vision, execut
Appointment reflects NEO's next phase of national expansion, connecting Better's technology platform with NEO's advisor-led model NEO Home Loans powered by Better (NASDAQ:BETR), has appointed Bri Lees as Head of Marketing, advancing the company's next phase of growth and deepening the connection between its advisor-led model and Better's digital platform. Lees will lead NEO's brand, communications, and marketing growth strategy—building the systems that connect how the company operates, shows up, and scales. Her focus is ensuring that the story and experience of working with NEO reflect the excellence of the advisors who represent it. A recognized voice in modern mortgage marketing, L
New Wholesale Lending Platform powered by Tinman® AI will feature a wide credit matrix and fast digital application supported by AI-powered underwriting to help Mortgage Brokers serve more customers with a Better process Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com"), the leading AI-native home finance company, today announced the launch of their Wholesale HELOC and CES Platform powered by Tinman® AI. The platform supports both Home Equity Line of Credit (HELOC) and Closed End Second (CES) liens under one streamlined application flow giving originators flexibility to price out variable and fixed rate loans in minutes ranging in value from $50,000 to $500,000. This pre
Finance of America Reverse LLC ("Finance of America"), a leading provider of home equity-based retirement solutions, today announced a strategic partnership with Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com") to launch Home Equity Lines of Credit (HELOCs) and Home Equity Loans (HELOANs) through Better's proprietary Tinman AI Platform. This collaboration marks the first time Finance of America will offer these home equity products, expanding its mission to empower homeowners 55 and older to unlock home equity for a modern retirement. Empowering Homeowners Through AI Innovation "Finance of America has always led the way in home equity innovation to help homeowners ov
The Tinman® AI Platform will help transform Finance of America's home equity offerings, expanding product suite to include HELOCs and HELOANs for the first time ever. Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com"), the AI-native home finance company, today announced that Finance of America Reverse LLC ("Finance of America", "FOA"), an industry-leading reverse mortgage lender and provider of home equity-based financing solutions for a modern retirement, will begin to offer home equity lines of credit (HELOC) and home equity loans (HELOAN) for the first time through Better.com's proprietary Tinman® AI Platform. "Finance of America is a distinct leader, funding over $25
Respected industry leader, Juergens, leaves Guaranteed Rate for NEO to align with future-forward leadership and culture. NEO Home Loans powered by Better, a mortgage lender combining elite loan advisors with industry-leading technology to redefine the home financing experience, proudly announces the addition of Jim Juergens as Branch Leader, Distributed Retail. With nearly two decades of lending expertise, closing $43 million in production, and 91 closed loans last year, Juergens brings both high performance and a leadership philosophy deeply aligned with NEO's mission: helping clients build wealth, not just secure loans. Juergens' decision to join NEO Home Loans powered by Better ste
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Northland Capital initiated coverage of Better Home & Finance with a rating of Market Perform
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Live Leadership Updates
Appointment reflects NEO's next phase of national expansion, connecting Better's technology platform with NEO's advisor-led model NEO Home Loans powered by Better (NASDAQ:BETR), has appointed Bri Lees as Head of Marketing, advancing the company's next phase of growth and deepening the connection between its advisor-led model and Better's digital platform. Lees will lead NEO's brand, communications, and marketing growth strategy—building the systems that connect how the company operates, shows up, and scales. Her focus is ensuring that the story and experience of working with NEO reflect the excellence of the advisors who represent it. A recognized voice in modern mortgage marketing, L
Respected industry leader, Juergens, leaves Guaranteed Rate for NEO to align with future-forward leadership and culture. NEO Home Loans powered by Better, a mortgage lender combining elite loan advisors with industry-leading technology to redefine the home financing experience, proudly announces the addition of Jim Juergens as Branch Leader, Distributed Retail. With nearly two decades of lending expertise, closing $43 million in production, and 91 closed loans last year, Juergens brings both high performance and a leadership philosophy deeply aligned with NEO's mission: helping clients build wealth, not just secure loans. Juergens' decision to join NEO Home Loans powered by Better ste
Industry veterans make rare move from loanDepot to NEO, aligning with a tech-forward, advisor-centric model built for long-term growth NEO Home Loans powered by Better, a mortgage lender combining elite loan advisors with industry-leading technology to redefine the home financing experience, proudly announces the addition of the Gustafson Team, a top-producing group that funded over $110 million in volume across 303 loans in 2024. Backed by nearly 30 years of mortgage experience, the high-performing team brings deep industry expertise and a long-standing track record of success to NEO's next-generation model. After spending the last 15 years at loanDepot, the Gustafson Team made the dec
Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com"), the AI-powered digital homeownership company, announced it has hired Leah Price to lead the Tinman™ AI Platform as it offers its technology platform and software to lenders across the country. Tinman® is an AI-driven automated rules-based decision engine and software platform that removes bottlenecks from the traditional home transaction process. The platform connects, automates, and optimizes mortgage origination and homeownership services to deliver an end-to-end solution for customers. This software platform and engine enables a range of loan and financial services, combining a point-of-sale system, CRM system, pricing
Retiring approximately $530 million of convertible notes through restructuring of existing convertible notes in exchange for $110 million of cash and $155 million of new debt Expected creation of approximately $265 million of pre-tax equity, excluding discounts on the debt Better has signed a new indenture for $155 million in new notes maturing December 31, 2028, with a 6% PIK annual interest rate Strategic rationale for transaction includes reducing debt overhang of the Company and improving balance sheet positioning and strategic optionality Management remains focused on driving towards profitability in the midterm. Continue leaning into Tinman™ technology and AI, with Betsy™ AI
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Live finance-specific insights
Executed two significant strategic partnerships during the third quarter, in addition to a third subsequent to the end of the third quarter, marking continued progress in our evolution as a platform and software provider powering the home finance ecosystem, with additional strategic partnerships expected in Q4 2025 The Company anticipates higher funded loan volume in Q4 2025 compared to the same quarter in 2024, expecting to achieve a $500 million monthly run rate in total funded loan volume driven by strong early performance from new strategic partnerships and a significant acceleration expected through the remainder of the quarter. Our initial progress into the fourth quarter comes so
Better Home & Finance Holding Company (NASDAQ:BETR), the leading AI-native home finance company, intends to announce its third quarter 2025 results before market open on Thursday, November 13, 2025. A video conference call and webcast to discuss those results will be held the same day at 8:30 a.m. E.T. Details to register for the video conference call and live webcast will be available on the Company's investor relations website located at investors.better.com. Please join the webcast at least 10 minutes prior to the start time. A replay will be available on the Company's investor relations website shortly after the call ends on November 13, 2025. * Webcast Details * Event Title: Better
Q2 2025 Funded Loan Volume of $1.2 billion, up 25% year-over-year Expect 2025 Funded Loan Volume to increase over 2024 driven by tailwinds from growth initiatives including our Tinman AI Platform channel Expect further improvements to Adjusted EBITDA losses in 2025 as compared with 2024 due to a combination of AI-driven improvements in conversion rates, efficiency gains and continued corporate cost reductions Retired approximately $521 million of convertible debt with Softbank in Q2'25, creating over $210 million of positive pre-tax equity value Focused on reaching Adjusted EBITDA breakeven by the end of Q3 2026 Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("B
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company") intends to announce its second quarter 2025 results before market open on Thursday, August 7, 2025. A conference call and webcast to discuss those results will be held the same morning at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to the start time. A replay will be available on the Company's investor relations website shortly after the call ends on August 7, 2025. * Webcast Details * Ev
Q1 Funded Loan Volume of $868 million, up 31% year-over-year Expect Q2 Funded Loan Volume to increase compared to Q1 driven by efficiencies in our Timan AI platform Expect 2025 Funded Loan Volume to increase over 2024 driven by tailwinds from growth initiatives including NEO Powered by Better as part of our Tinman AI Platform channel Diversifying Better's distribution channels by leveraging Tinman™ as a platform to power retail loan officers with early rapid growth in NEO Powered by Better, and as a software licensing platform for banks with the onboarding of our first bank partner to power their entire mortgage platform across consumer and wholesale channels via Tinman Further exp
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company") intends to announce its first quarter 2025 results after market close on Monday, May 12, 2025. A conference call and webcast to discuss those results will be held the following morning on Tuesday, May 13, 2025, at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to the start time. A replay will be available on the Company's investor relations website shortly after the call ends on May 13, 2025. *
Betsy AI Loan Agent doing over 115k customer interactions per month, potential to drive $2,000 in sales labor savings per fund Approximately 40% of Loan Files receiving Tinman AI underwriting review, potential to drive $1,400 in fulfillment savings per fund 2024 Funded Loan Volume of $3.6 billion, up 19% year-over-year, with D2C Loan Volume of $2.6 billion up 55% year-over-year, and Revenue of $108 million up 50% year-over-year Q4'24 Funded Loan Volume of $936 million, up 77% year-over-year driven by growth across all three main product categories, with HELOC and home equity loans growing 416% year-over-year Q4'24 Funded Loan Volume down 10% quarter-over-quarter given normal season
Q3 Funded Loan Volume of $1.035 billion, up 42% year-over-year and 8% quarter-over-quarter Launched Betsy™, the first voice-based AI loan assistant for the US Mortgage Industry, to enhance customer experience, improve loan-team efficiency, and further accelerate our end-to-end technology platform Tinman™ Plan to further diversify Better's distribution channels by leveraging Tinman to power local loan officers through ‘NEO Powered by Better' Expect Q4 Funded Loan Volume to be approximately in-line with Q3 given softer seasonality partially offset by continued growth initiatives Remain focused on managing towards profitability in the midterm. Expect to drive growth through techno
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW))) ("Better" or the "Company") intends to announce its third quarter 2024 financial results prior to the market opening on Wednesday, November 13, 2024. A conference call and webcast to discuss those results will be held on the same day at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to start time. A replay will be available on the Company's investor relations website shortly after the call ends on November 13, 2024. * Web
Strong quarter with Funded Loan Volume up 45%, Revenue up 41%, and Total Expenses flat in Q2'24 as compared to Q1'24 Continue leaning into growth opportunities and expect Q3'24 Funded Loan Volume of over $1 billion Positive early indications from investments in AI within the Tinman platform geared towards loan team productivity and customer experience Focused on managing towards profitability while growing through improved technology efficiency and corporate cost reductions to offset increased growth expenses Effecting a 1-for-50 Reverse Stock Split on Friday, August 16th Better Home & Finance Holding Company (NASDAQ:BETR, BETRW))) ("Better" or the "Company"), a New York-bas