Breaking down barriers to homeownership
with the new HOPE Grant
Buying a home is the American dream, but too many hardworking people have been left on the sidelines.
The Better Opportunity Fund™’s HOPE Grant helps more people unlock new homes, especially those who have been overlooked by traditional lenders.
Our purpose
For decades, barriers have kept hardworking people from owning a home. The Better Opportunity Fund™ is a non-profit mortgage lender pursuing Community Development Financial Institution (CDFI) Certification.
We’re harnessing technology to help them build community, stability, and financial freedom through our Home Ownership Program for Everyone—HOPE.
Fix a broken industry
Our technology is unlocking flexible options to serve low-to-moderate income borrowers and help more people own homes.
Build stronger communities
Buying a home isn’t just a place to live. It’s a long-term investment in your community.
Unlock generational wealth for all
Homeownership has helped millions of Americans build generational wealth. We’re helping more people do the same.
The current mortgage market is failing to provide effective and flexible options to serve lower income borrowers and help more people own homes.
There is a need for access to more affordable inclusive homeownership options for Americans.
Rochelle Bent
Business Strategy and Affairs
Better Opportunity Fund
Get started with a HOPE Grant
Get started with
a HOPE Grant
HOPE gives borrowers the opportunity to receive a down payment assistance grant of 2% of their home's purchase price, up to $5,000, to help them receive a mortgage they may otherwise not qualify for under traditional lending programs.
HOPE helps self-employed borrowers, gig workers, and other underserved groups who have been left behind find a path to homeownership.
To qualify for a HOPE Grant:
Program Eligibility
Grantees must have applied for a mortgage loan with Better Mortgage, be qualified for and secure a Fannie Mae HomeReady mortgage product. Other eligibility requirements include, but are not limited to:
Eligible Property Types
- Single-unit principal residences
- 2-4 unit principal residences
- Condos
Applicant Eligibility
- Grantees must have a total qualifying income that is at or below 80% of the area median income (AMI) for the property’s location. Fannie Mae AMI Lookup Tool
- Prior to closing, grantees must complete either a Homeownership Education course which meets NIS or HUD standards, or Housing Counseling provided by a HUD-approved agency. Grantees may also do so at Better x Money Management International.
See complete Better Opportunity Fund Hope Grant Terms and Conditions for details
Better.com is dedicated to making homeownership faster and simpler, with superior customer support along the way.
© 2023 Better Home & Finance Holding Company and/or its affiliates. Better is a family of companies. Better Mortgage Corporation provides home loans; Better Real Estate, LLC and Better Real Estate California Inc License # 02164055 provides real estate services; Better Cover, LLC sells insurance products; and Better Settlement Services provides title insurance services; Better Connect, LLC dba Better Attorney Match provides real estate attorney connection services; and Better Inspect, LLC provides home inspection services. All rights reserved.
Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 3 World Trade Center, 175 Greenwich Street, 57th Floor, New York, NY 10007. Loans made or arranged pursuant to a California Finance Lenders Law License. Not available in all states. Equal Housing Lender. NMLS Consumer Access
Better Real Estate, LLC dba BRE, Better Home Services, BRE Services, LLC, Better Real Estate and Better Real Estate California Inc is a licensed real estate brokerage and maintains its corporate headquarters at 325-41 Chestnut Street, Suite 826, Philadelphia, PA 19106. Here is a full listing of Better Real Estate, LLC’s license numbers. Better Real Estate, LLC provides access to real estate brokerage services via its nationwide network of partner brokerages and real estate agents (“Better Real Estate Partner Agents”). Equal Housing Opportunity. All rights reserved.
Better Real Estate employs real estate agents (“Better Real Estate Agents”) and also maintains a nationwide network of partner brokerages and real estate agents (“Better Real Estate Partner Agents”). Better Real Estate Partner Agents work with Better Real Estate to provide high quality service outside the service area covered by Better Real Estate Agents or when Better Real Estate Agents experience excessive demand.
New York State Fair Housing Notice
New York Standard Operating Procedures
Texas Real Estate Commission: Information About Brokerage Services | Consumer Protection Notice
Better Settlement Services, LLC. 325-41 Chestnut Street, Suite 803, Philadelphia, PA 19106.
Homeowners insurance policies are offered through Better Cover, LLC, a Pennsylvania Resident Producer Agency. License #881593. 325-41 Chestnut Street, Suite 807, Philadelphia, PA 19106.
Better Opportunity Fund is a non-profit mortgage lender pursuing Community Development Financial Institution (CDFI) Certification. NMLS # 2170265. 3 World Trade Center, 175 Greenwich Street, 59th Floor, New York, New York 10007. Loans made or arranged pursuant to a Georgia Mortgage Lender License/Registration. Not available in all states. Equal Housing Lender. NMLS Consumer Access
Insurance quotes and policies are offered through Better Cover, LLC. A Pennsylvania Resident Producer Agency. License #881593. Here is a full listing of Better Cover, LLC’s license numbers.
Better Connect, LLC dba Better Attorney Match and/or its affiliates. Better Attorney Match maintains its corporate headquarters at 325-41 Chestnut Street, Suite 846, Philadelphia, PA 19106.
Better Inspect, LLC maintains its corporate headquarters at 325-41 Chestnut Street, Suite 846, Philadelphia, PA 19106.
Better Mortgage Corporation, Better Real Estate, LLC, Better Settlement Services, LLC, Better Cover, LLC, Better Connect, LLC dbs Better Attorney Match, and Better Inspect, LLC are separate operating subsidiaries of Better Home & Finance Holding Company. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation, and applicable and legal and regulatory requirements. Products not available in all states.
Any unauthorized use of any proprietary or intellectual property is strictly prohibited. All trademarks, service marks, trade names, logos, icons, and domain names are proprietary to Better Home & Finance Holding Company. Better Home & Finance Holding Company trademarks are federally registered with the U. S. Patent and Trademark Office. Better Cover is a registered trademark with the U.S. Patent and Trademark Office and is owned by Better Cover, LLC.
