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Finance your ADU today

Won’t affect your credit score

Rated the best online mortgage lender for first-time homebuyers

We’ve built technology to streamline the entire homebuying process, making it simpler, faster, and cheaper for us to make loans. Then, we pass the savings onto you. Win win.  

01.

Check if you qualify online in minutes without any impact to your credit score 

02.

You’ll see your maximum cash, rates, and expected monthly payments 

03.

Select a loan and get cash in as fast as 7 days¹

Check your homebuying power

Won’t affect your credit score

Best Mortgage Lenders

of 2023

Best Mortgage Lender for

Affordability 2023

Best for All-in-One

Online Homebuying

$100B+

Home loans funded online

400,000+

Customers proudly served

Speed. Simplicity. Savings.

Check your homebuying power

Won’t affect your credit score

100% digital application, all online

Pre-approval in as little as 3 minutes

Buy a home with as little as 3% down

Close on time, guaranteed  

Get an instant cost estimate (no fee sheets or bait and switch tactics)

Work with a loan consultant – fully digital or fully guided on the phone, and anything in between

Check your homebuying power

Won’t affect your credit score

We did the math on the next 30 years. It was cheaper to own.

Mateo & Alejandra | Mortgage customers

A loan type to meet your needs

Scroll left to see different loan types ->

Conventional

FHA

VA

Buyer profile

Someone looking for a home to live in or an investment property with stable, documented income, some cash to put down, and good credit

Someone looking to buy their first home without limited cash to put as a down payment and fair to excellent credit.

Active military, veteran or surviving spouse looking to purchase a home with some of the best loan options available.

Down payment

3%+

3.5%+

None

Credit

Good+

Fair+

Fair+

How you receive and spend the funds

Revolving line of credit you can pay down and withdraw from for 3 or 10 years

One upfront lump sum

Payment structure

5 or 10-year interest-only payments, followed by 10, 15, or 20 year repayment period (principal and interest payments)

15, 20, or 30-year fixed principal and interest payments¹

Get between

$50,000 - $500,000

$50,000 - $500,000

Borrow from

Primary residence 

Second home 

Investment property

Primary residence 

Second home 

Investment property

Minimum credit score

680

680

Keep your mortgage rate

Check your homebuying power

Won’t affect your credit score

Easier

Access up to 90% of your property's value, making it easier than ever to tap into the value of your property to build an ADU.

Faster

Close in as little as 3 days, so you can go from idea to built space faster than ever.3

Better

Better and HUTS have partnered to create the best way to finance the construction of your new favorite asset: your ADU.

Why customers love Better Mortgage

We needed to make an offer the next day. Better made it happen.

En route to a hike, Shaina and Tessa unexpectedly stumbled upon their dream home, not at all ready to make an offer.


Just 17 hours later, they applied for a loan online with Better Mortgage, put in a bid, and the home was theirs.

Buying a house was 100x easier than planning a wedding.

Everyone told newlyweds Dorian and Leah that buying a home would be stressful. With Better Mortgage the process was easy, and they moved in on time.

FAQs

What is a HELOC?

What is a home equity loan?

Should I get a cash-out refinance, instead?

What can I use my home equity for?

How much home equity can I borrow?

Are hybrid appraisals covered under our appraisal contingency?

What if the Listing Agent has questions about the appraisal alternatives?

How much does it cost to get pre-approved? | Better Mortgage

With most lenders, pre-approval is free, doesn’t hurt your credit, and doesn’t commit you to a loan.

Read more
First time homebuyer down payment ins and outs
Ready to buy your first home? Here’s how much you’ll need for a down payment, and how to budget for it appropriately.
Read more

How to get a mortgage approval?

Learn about the different stages in the mortgage process– from pre-approval, verified approval, and conditional approval.

Read more

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Better is a family of companies serving all your homeownership needs.

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    Shop, bundle, and save on insurance coverage for home, auto, life, and more.

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    Get free repair estimates, 24-hour turnarounds on reports, and rest easy with our 100-day inspection guarantee.

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© 2025 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; and Better Inspect, LLC provides home inspection services. All rights reserved.

Better BMC operates under the name Better Mortgage Corporation in New York.

Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 1 World Trade Center, 80th 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 and Better Real Estate, and operating in the State of California through its wholly owned subsidiary 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.

New York State Housing and Anti-Discrimination 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.

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 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, 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.

Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act