Better.com Sees 166% Growth in Home Equity Products

Better.com, the AI-native mortgage and home finance company, announced its home equity business has surged 166% year-over-year, helping homeowners pay off more than $193 million in debt. With credit card and personal loan rates soaring, borrowers are turning to Better’s One Day HELOC™ as a faster, lower-cost way to consolidate debt and unlock an average of $1,120 in monthly savings. Nearly half of Better’s home equity customers used the funds to pay down high-interest credit cards, loans, and revolving debt.

Better now averages $80M per month in HELOC and HELOAN originations and is positioning itself as the fastest-growing AI-powered home equity lender in the U.S.

Read the full Financial Times coverage here: Financial Times – Better.com Grows Home Equity Products 166% YOY