Better mortgages

Better Mortgage Review

Overview

Better Mortgage is disrupting the mortgage industry by replacing old-fashioned ideology with cutting-edge technology to make the mortgage application and approval process quick, easy and intuitive. Better Mortgage offers fixed-rate and adjustable-rate mortgages in addition to jumbo loans and refinancing options. All Better Mortgage services are provided through their digital platform.
Better Mortgages are so confident they can give you the best possible closing cost estimate, they have a $1,000 guarantee. If a customer gets a cheaper online estimate, Better Mortgage will either pay the customer $1,000 or deduct $1,000 from the total.

Who can apply with Better Mortgages?

Better Mortgages provides services to borrowers in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Washington D.C., Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maine, Michigan, Mississippi, New Jersey, North Carolina, North Dakota, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Washington and Wisconsin.

What you need to know before applying with Better Mortgages:

  • Online-only process with human help as needed
  • Min. credit score: 620
  • Min. down payment: 3%
  • Do not provide FHA, VA or USDA loans
  • Does not provide equity loans or HELOCs