Similar to how Amazon upended the retail industry, Better.com is digitally disrupting the $15 trillion mortgage industry. The capital we’ve raised will enable us to accelerate our investment in product development, grow our strategic partnerships, expand our team and scale our platform to continue making it easier for borrowers to get home financing.
Buying a house is fraught with stress - both emotionally and financially - so homebuyers might not be shopping around for the best priced mortgage. And even if they are, they might find it impossible to compare costs. If people are doing comparison pricing on their groceries, shouldn’t they be able to on what might be the biggest purchase of their lives?
Better.com, one of the fastest-growing digital mortgage companies, said Monday it closed on $160 million of Series C funding, with backers including Ally Financial, Citi, and American Express. “Similar to how Amazon upended the retail industry, Better.com is digitally disrupting the $15 trillion mortgage industry,” said Vishal Garg, CEO and founder.