Founders started a company with the goal of re-engineering the mortgage process.
Partnered with Avex Funding, a California originator specializing in prime conforming and jumbo mortgages for over 10 years.
Acquired partner mortgage originator Avex Funding.
Developed investor rules engine to algorithmically match borrowers and mortgage products to over 10 large institutional investors.
Began working with borrowers directly online without commissioned loan officers.
Funded first 100%-digital loan without a single phone call.
Launched as Better Mortgage.
Closed $30 million in Series A funding.
Approved as a Fannie Mae seller/servicer and established relationships with 17 top mortgage investors.
Closed $15 million in Series B funding with Kleiner Perkins Caufield Byers.
Introduced the one-day verified pre-approval letter.
$1 Billion in total funded loans. Thousands of our customers have benefited from our low pricing and great customer service.
Closed $160 million in Series C funding.
Expanded offerings to include FHA loans.
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