Better.com has grown its roster of states to 36 with the announcement Thursday it has added services in Montana, New Mexico, Rhode Island, Nebraska, and Wyoming. That represents about 80 percent of the United States’ mortgage business.
HousingWire.com reported Better.com, the digital mortgage company formerly known as Better Mortgage, has grown significantly since launching three years ago. Last year, the company doubled its geographic footprint and originated $1.3 billion in mortgages, representing an increase of approximately 300% from 2017.
Just a few weeks ago, Better announced that Ally Financial was also making in investment in the company as part of a deal that will see Ally and Better partner to launch Ally’s digital mortgage platform.