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  1. Do you agree with Better's 4-star rating? Check out what 1,694 people have written so far, and share your own experience.

  2. May 3, 2024 · Read U.S. News' review of Better.com Mortgage and compare interest rates, fees and terms to find the best loan for you.

    • (1)
    • Contributor
    • Loan Types
    • Loan Minimum
    • Loan Maximum
    • Loan Servicing

    Better Mortgage offers the following types of mortgages: 1. Conventional 2. Jumbo 3. FHA(30-year term; purchase only) 4. U.S. Department of Veterans Affairs (VA) loans 5. Investment property loans 6. Rate-and-term refinance 7. Cash-out refinance 8. HELOC

    Better Mortgage doesn’t publicly disclose whether it has a minimum mortgage amount. Some lenders do not offer small mortgage loans, which can make it challenging for people to buy, renovate or refinance less-expensive homes.

    Loan maximums depend on mortgage type and qualifications. Customers can borrow up to $3 million on a jumbo loan through Better Mortgage, according to the company’s website.

    Better Mortgage says it initially services borrowers’s loans in conjunction with The Money Source, a subservicing company. At some point, Better Mortgage may sell your loan to an investor and transfer servicing.

    • 9 min
    • Better
    • Better Mortgage's loan options. 4 of 5 stars. Better offers relatively common types of fixed- and adjustable-rate purchase and refinance loans, including conventional loans, jumbo loans and government-backed FHA and VA mortgages.
    • Better Mortgage HELOC. The lender also offers home equity lines of credit (HELOCs). These second mortgages are one way for homeowners to access home equity without refinancing or selling their home.
    • What it's like to apply for a Better Mortgage home loan. 4 of 5 stars. Better promotes a "One Day Mortgage" that lets you apply and lock in a rate online.
    • Better Mortgage's rates and fees. 3.5 of 5 stars. Better earns 2 of 5 stars for average origination fee. Better earns 5 of 5 stars for average mortgage interest rates.
  3. 1,358 ratings. Lender details. Customer reviews. Loans offered. Conventional, FHA, VA, refinancing and more. Min. credit score required. 620 for conventional loans, 580 for FHA loans, 620 for VA...

  4. May 10, 2024 · Better. 4.5/5. Bottom Line. Better has the right combination of features and perks, including no unnecessary fees, low mortgage rates, and a fast, 100% online application process. Better...

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  6. Apr 24, 2024 · Insider’s Rating 3.89/5. Recommended Credit. 620. Minimum Down Payment. 3% Types of Loans Offered. Conforming, jumbo, FHA, VA, HELOC. Show Pros, Cons, and More. Overview of Better Mortgage and...

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