![]() In fact, in 2016 Better funded its first loan without a single phone call. except Hawaii, Massachusetts, Minnesota, Nevada, New Hampshire, Vermont and Virginia. This equates to a savings of $19,000, on average, over the life of a loan.īetter is available everywhere in the U.S. According to Better, the commission-free business model saves approximately 1% of the loan amount. The lender also has developed technology to automatically look for discounts customers might be eligible for, without any extra effort or cost on the borrower’s part.īetter doesn’t charge commission or lender fees-that includes application, underwriting and origination fees. Preapproval time is quite fast-applicants can expect to get a rate quote and preapproval in about 20 minutes. ![]() It’s completely digital, so you can apply and close from anywhere in the world. Better delivers convenience in many ways.
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