Better Mortgage welcomes The Hundred Collection!
Get $250 or $500 in closing credit when you close on a Better HELOC*
With home values on the rise, tap into your equity 100% online at your pace and on your timeline with Better.
A $50,000-$500,000 Home Equity Line of Credit
Available for primary, second, and investment homes
Close in as little as 3 days1
Won’t affect your credit score
Faster.
Close in as little as 3 days.
Saving you time.
Easier.
Access up to 90% of your property's value.2
Getting you the cash you need.
Better.
100% digital process.
Empowering you to own your equity journey.
While home values are up.
Put your equity to work.
In 2022, US homeowners saw their home equity increase $60,200 per borrower, on average.³ Now they can quickly tap into that equity to tackle renovations, pay off high-interest debt,⁴ or keep as an emergency fund.
Get the most out of your home equity
Access up to 90% of your property’s value
You can get up to a $500,000 line of credit while accessing up to 90% of your home equity. Don't worry, you don't have to use all it once. And you’ll only pay interest on what you withdraw, not the entire line of credit.5
With the Better Home Card
Furniture
Rugs
Appliances
Renovations
More
Available for different properties
Tap vacation homes and investment properties
Many HELOCs are only available on primary residences. Our new digital HELOC lets you tap into the equity of second homes, as well as investment properties.
No unnecessary fees
Pay interest only on what you withdraw
With a HELOC, you’ll pay interest on the amount you withdraw, not the entire loan amount. Plus, Better Mortgage charges zero unnecessary fees.
With the Better Home Card
Furniture
Rugs
Appliances
Renovations
More
What makes us Better
Homeownership, all under one roof
We’re making every step of the homeownership process faster, easier, and more affordable.
Better Real Estate
Expert agents to help you list your current home or find a new one.
Better Settlement Services
We’re making title insurance faster, easier, and just plain Better.
Better Cover
We’ll shop 20+ insurance carriers to find you the best policy on home, auto or life insurance.
Apply in minutes.
Won’t affect your credit score.
*Qualified customers will receive $250 in lender credits upon closing on a HELOC up to $249,999, and $500 in lender credits upon closing on a HELOC of $250k or greater. See full Terms and Conditions for details.
¹ Assumes borrowers are eligible for AVM to calculate their home value, their loan amount is less than $250,000, and all required documents are uploaded to their Better Mortgage online account within 24 hours of application. Closing timelines may vary.
²Maximum LTV dependent on borrower eligibility.
⁴Better Mortgage's HELOC product requires that you pledge your home as collateral, and you could lose your home if you fail to repay your loan.
5Please note that you are required to draw at least $50,000 or 75% of your credit limit, whichever is greater, at the time of funding (ex. if your credit limit is $200,000, you must draw $150,000 or more at funding). If you would like to draw less at funding, you may lower your credit limit.
Better Mortgage's HELOC product is available in all states other than TN, TX, UT and NM.
