The fine print

Here’s how we calculate the numbers and other details you may see in our communication.    

Average closing time for Better Mortgage is 10 days faster than the industry average.

Disclaimer: Better Mortgage's average closing time from January 2019 to May 2020 was 32 days. According to Fannie Mae, the current industry average closing time is 42 days. See source data

     

By authorizing your real estate agent you can close up to 4 days faster than if you don’t add your agent information.

Disclaimer:Closing time comparison is based on the difference between the average closing time for internal Better Mortgage purchase loan files from 2020 and 2019 with borrower agent authorization and without borrower agent authorization. Time to close is measured from Preapproval Letter to Close and Application to Close. This comparison is internal and does not reflect industry data.