In a recent interview with Mary Beth Eastman of Fox Money, Kelly Miskunas, Senior Director of Capital Markets at Better.com, shared expert insights on the advantages and disadvantages of 10-year mortgages amid the backdrop of rising home prices in 2024. “While shorter terms can mean higher monthly payments, they also offer lower interest rates, benefiting those with higher incomes aiming to pay off their homes quickly. However, those needing more financial flexibility or anticipating significant changes in their financial situation may find longer-term mortgages more suitable." Read more in the piece below: https://lnkd.in/ey4m9SNV Better Mortgage Corp. | NMLS #330511
About us
Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. From its founding in 2016 through mid 2021, Better funded over $45B in home loans and provided over $25B in cumulative coverage through Better Cover and Better Settlement Services, the insurance divisions of Better. Better has raised over $400M in equity capital since inception. The company was ranked #1 on LinkedIn’s Top Startups List for 2021 and 2020, #1 on Fortune’s Best Small and Medium Workplaces in New York, #15 on CNBC’s Disruptor 50 2020 list, as well as being listed to Forbes FinTech 50 for 2020. For more information, follow @betterdotcom. Join us. NMLS #330511 | NMLS Access: better.ryukyu/3WJ99P8 © 2021 Better Holdco, Inc. and/or its affiliates. All rights reserved. Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 3 WTC, Floor 57, 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 is a Virginia Licensed Real Estate Firm with its principal office located at 312-F East Market St., Leesburg, VA 20176. License #0266029484. Equal Housing Opportunity Better Mortgage Corporation, Better Real Estate, LLC, Better Settlement Services, LLC and Better Cover, LLC are separate operating subsidiaries of Better Holdco, Inc. 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.
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Mortgage
Locations
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Primary
175 Greenwich St
Floor 57
New York, New York 10007, US
Employees at Better
Updates
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💬 "Many homeowners who do home improvements over time like HELOCs, as they only pay interest on the amounts they use, with HELOCs you don't share any appreciation with the lender." Chad Smith, AMP, president of Better.com, recently shared valuable insights with Aly Yale of CBS MoneyWatch on when homebuyers should consider home equity sharing agreements (HELOCs) as a borrowing option. Read more here: https://lnkd.in/eSEBs8CP Better Mortgage Corp | NMLS #330511
Is a home equity sharing agreement a good idea? Here's what experts say
cbsnews.com
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Better reposted this
Great insights from our Founder and CEO Kevin Holmes on his fireside chat with Better Founder Vishal Garg 👇
Reflecting on my chat with Better Mortgage Founder Vishal Garg earlier this week: What struck me most was his raw honesty about his journey. Vishal's story began with a simple frustration - the painful process of getting a mortgage. It's funny how our biggest annoyances can lead to the most impactful ideas. For those unfamiliar, Better.com is a digital-first homeownership company that's revolutionizing the mortgage industry. Once valued at $7.7 billion, Better has streamlined the traditionally complex and time-consuming process of getting a home loan, making it faster, more transparent, and more accessible through innovative technology and a customer-centric approach. Vishal had conviction in his idea early on. He invested $2M to purchase the 'better.com' domain, a bold move that not only showcased his confidence and strategic thinking, but also serves as a powerful reminder to entrepreneurs about the long-term value of strong branding. What really resonated was Vishal's candor about the challenges. Better experienced the whirlwind of 900% growth during the pandemic, followed by the harsh reality of mass layoffs. He didn't shy away from discussing his missteps, especially in handling those layoffs. It's a stark reminder that rapid success doesn't shield us from difficult decisions or mistakes. Through it all, Vishal kept coming back to his core purpose - making home buying accessible. It seems that's what anchored him through the highs and lows. Left me thinking - how do we stay true to our mission when faced with unexpected growth or sudden setbacks? And how can we learn to lead with more empathy, especially during tough times?
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🎉 🥍 The New York City Better team, came together to cheer on the Premier Lacrosse League during the All-Star Game Weekend presented by Better. Better is a proud partner of the Premier Lacrosse League, an American professional field lacrosse league composed of 8 teams. Tune in to the PLL Throwback Weekend presented by Better, this Saturday, July 19 and Sunday, July 20 on ESPN and ESPN+. Better Mortgage Corporation | NMLS #330511
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💬 "Since it is impossible to predict the future path of interest rates, customers who are looking to tap into their home equity today should act, instead of trying to time the market. Borrowers can always look to refinance high-cost debt if interest rates decline in the future." Kelly Miskunas, Better's Senior Director of Capital Markets, recently sat down with Aly Yale of CBS MoneyWatch to discuss the impacts of potential interest rate cuts on home equity loans in 2024 and why consumers should prepare for greater macro swings throughout the year. Read more in the piece below: https://lnkd.in/ejNv6ydx Better Mortgage Corp | NMLS #330511
Here's how a 2024 Fed rate cut will affect home equity loans
cbsnews.com
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🥍 🎉 Better has joined the big leagues! We’re officially a proud partner of the Premier Lacrosse League, an American professional field lacrosse league composed of 8 teams. Tune in to the All Star Game presented by Better, this Saturday, July 13 @ 3PM ET on ESPN and ESPN+. “Partnering with the Premier Lacrosse League has been an exciting time for the Better team. We look for innovation on every avenue at Better, so we're excited to support PLL's commitment to innovation, which resonates deeply with our mission,” said Vishal Garg, Founder and CEO of Better. “The All-Star Game and Skills Competition is sure to bring down the house; but don't worry - Better's here to help you find a new one!" Read more here: https://lnkd.in/ejiaczHW Better Mortgage Corporation | NMLS #330511
Premier Lacrosse League Announces Eastern and Western Conference All-Stars, New Skills Challenges for 2024 All-Star Weekend
premierlacrosseleague.com
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🌟 Better Mortgage is hiring Fully Remote Loan Officers! Join the team that’s making homeownership cheaper, faster, and easier 🌟 Better Mortgage provides driven Loan Officers with high-intent leads and offers a competitive pay structure — including an annual salary with no draw period and a full suite of employee benefits. To set our team members up for success, loan officers enjoy guaranteed commission during their ramping period! If you're passionate about helping people finance their dream of homeownership and ready to make a real impact, we want to hear from you! Apply today to take your career as a Mortgage Loan Officer to the next level: https://lnkd.in/eNk79v_J #RemoteWork #LoanOfficer #MortgageCareers #JoinTheBetterTeam Better Mortgage Corp. | NMLS #330511
Careers | Better Mortgage
better.com
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Kelly Miskunas, Senior Director of Capital Markets at Better, shared expert insights with CBS MoneyWatch on how the economy is putting upward pressure on home prices. "The strong labor market and continued consumer spending also create a supportive environment for housing prices. Until we see a significant uptick in housing inventory, any potential drop would likely be minimal and/or concentrated in a few localized markets." Read more here: https://cbsn.ws/4ePQfiC
Will home prices finally drop this summer? Here's what experts say
cbsnews.com
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Better reposted this
Better CEO Vishal Garg tells us where he got his killer instinct from. $BETR