Better Mortgage Review

No origination fees and a streamlined digital experience for homebuyers. Independent Better Mortgage review: 4.5/5 for purchase mortgage.

By Michael Hewitt, Founder & Editor-in-Chief.

Our verdict

Borrowers who want to skip the origination fee should look here first: Better charges none, a saving of $2,000+ on average, and pre-approval takes 3 minutes with no credit impact. That $0 requires using its platform exclusively, and there are no branches. Plan to handle the loan online, with less help on weekends.

Skip it if you want in-person help at a branch, or if weekends are your only time to reach a loan officer.

About Better Mortgage

No origination fees and a streamlined digital experience for homebuyers. Better Mortgage is offered by Better Home & Finance. Our editorial rating is 4.5 out of 5.

Best for: Borrowers wanting zero origination fees.

Editorial grade: A (composite score 90/100).

Highlights

No origination fees, which saves $2,000+ on average
3-minute pre-approval with no credit impact
Price match guarantee on rates

What we like

Zero origination fees saves thousands
Transparent pricing with no hidden costs
Fast pre-approval doesn't ding credit score

Where it falls short

No physical branches for in-person support
Limited loan officer availability on weekends

Fees, minimums, and rates

Monthly fee: $0 origination. Minimum to open: $50,000. Current APY: 6.50%. Rates and promotional offers change often, so check the provider's own page before you apply.

How we reviewed it

This is a desk review: we have not opened an account with Better Home & Finance. It is built from Better Home & Finance's published rates, fee schedule and terms and from the public complaint record, and compared with the other products in the Purchase Mortgage shortlist. The rubric is the same for every brand.

Similar products to compare

Read our full editorial methodology for how we review products.