Better Mortgage · Lender
Better Mortgage
Review published mortgage options and requirements, then request a personalized quote from the lender.
Availability: The lender publishes licensing in the 50 states and District of Columbia and says loans are unavailable in Puerto Rico or outside the United States. Products are not available in all states; confirm availability for the selected program. The token-backed program is limited to select jurisdictions and requires a designated application path. Coinbase promotional credit is not available for applications submitted directly through Better.com. The official Get pre-approved destination returned a CloudFront request-blocked error during browser verification on 25 October 2026; destination functionality could not be confirmed.
At a glance
- Borrower type
- Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) purchasing or refinancing a primary residence, second home, or investment property located in a state where Better Mortgage is licensed to originate mortgage loans;
- Property use
- Investment property
Still to confirm: Credit requirement, Reserves.
Our take: Pros & Cons
What we like
- Better publishes conventional fixed-rate and adjustable-rate loans, jumbo, FHA purchase and VA options.
- The mortgage process is online, with account access to track progress and lock a rate.
- Published One Day Mortgage promotion terms include permanent residents and certain non-permanent residents, subject to the offer’s visa, documentation and underwriting conditions.
What to consider
- Minimum scores and down payments vary by program. The rate page’s 760 score, 20% down payment and DTI below 35% are pricing assumptions, not universal eligibility requirements.
- General mortgage-specific ITIN, foreign-credit, no-credit-history and foreign-income acceptance are unconfirmed. Limited residency terms from promotions do not apply to every program.
- The FHA eligibility FAQ limits loans to 30-year purchases of primary residences, while the refinance page displays an FHA example; confirm current availability before relying on FHA refinance pricing.
AI-generated lender-level assessment based on published information. Not a verified assessment of Conventional, Conforming Mortgage Loans — Investment property; confirm program-specific conditions below.
Additional lender considerations
- Qualified VA borrowers may obtain no-down-payment financing without private mortgage insurance.
- Adjustable-rate interest rates and payments may change after the initial fixed period.
- The token-backed program involves a separate down-payment loan, a second property lien and restricted custody of pledged assets. Default can lead to liquidation and loss of pledged assets.
- Advertised rates and costs are conditional, may change, and do not guarantee approval. Request a written Loan Estimate.
Newcomer requirements
Conventional, Conforming Mortgage Loans — Investment property
Fit not assessed · Check fit
Verified published requirements for this program. Rate-example assumptions are separate and do not establish eligibility or approval.
- Residency / visa
- Published conditions apply. Read the full lender requirements below before applying.
- Income documentation
- Published conditions apply. Read the full lender requirements below before applying.
- State restrictions
- Published conditions apply. Read the full lender requirements below before applying.
- Property restrictions
- Published conditions apply. Read the full lender requirements below before applying.
- Occupancy
- Investment property
View full lender requirements
- Residency / visa
- Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) purchasing or refinancing a primary residence, second home, or investment property located in a state where Better Mortgage is licensed to originate mortgage loans; · non-permanent resident (certain visa categories only)
- Income documentation
- To be eligible for the Offer for a conventional, conforming mortgage loan, Customers are required to provide the following documents to Better Mortgage via their online Customer portal within the Required Tasks Completion Period (collectively, the “Required Documents”): a) Pay stubs; b) W2s; c) Bank statements (including any applicable investment and retirement statements); d) A copy of a complete purchase agreement for the subject property of their Mortgage Loan (the purchase agreement is not required to be signed by either the Customer or the seller at this point in time); e) If applicable, proof of disability awards, social security income, retirement earnings, or pension income statements; f) If applicable, proof of self-employment income derived from a sole proprietorship via a Schedule C (Form 1040) document; g) If applicable, proof of rental income derived from investment properties as evidenced by a Schedule E (Form 1040) document, or as evidenced by a lease agreement for investment properties in which the Customer has owned the property for less than one year; h) If applicable, proof of child support or alimony awards; i) If applicable, proof of income in the form of vested restricted stock units (of a Customer’s current employer); and j) If applicable, if the subject property associated with a Customer’s Mortgage Loan is an investment property, proof of proposed rental income from such property. Failure to provide all Required Documents within the Required Tasks Completion Period may result in a Customer being ineligible for the Offer. The Required Documents may differ based on a Customer’s unique financial condition and Mortgage Loan circumstances.
- State restrictions
- Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) purchasing or refinancing a primary residence, second home, or investment property located in a state where Better Mortgage is licensed to originate mortgage loans;
- Property restrictions
- For conventional, conforming mortgage loans, the Offer is limited to the purchase or refinance of a primary residence, second home, or investment property for the following property types: a) Single family; b) Townhouse; c) Condominium; d) Detached condominium; e) Planned unit development (“PUD”); d) PUD-attached; e) PUD-detached; or f) High rise condominium
- Occupancy
- Investment property
- Other conditions
- In addition, to be eligible for the Offer for a conventional, conforming mortgage loan, Better Mortgage Customers must: a) Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) purchasing or refinancing a primary residence, second home, or investment property located in a state where Better Mortgage is licensed to originate mortgage loans; b) Be a W-2 employee or an individual on fixed income (e.g., pension, social security, or disability income)a self-employed individual, or an individual who receives sufficient rental income or who can prove sufficient income from restricted stock units of a current employer enough to render the Customer eligible to receive a Mortgage Loan; c) Own no more than four additional properties, excluding the subject property associated with the Mortgage Loan, and must not be in the process of becoming a fee simple owner of an additional fifth property (i.e., must not have, or be in the process of obtaining, all of the rights of ownership, including the right to possess, sell, lease, and enjoy the land) in any state, other than the contemplated subject property associated with their Mortgage Loan; d) Meet the requirements to lock a rate, and subsequently lock a rate on their Mortgage Loan with Better Mortgage on or after February 14, 2022; and e) Successfully provide all Required Documents to Better Mortgage within Required Tasks Completion Period. b. Better Mortgage does not guarantee that by qualifying to become eligible for the Offer that a Customer will receive an underwriting determination within 24 hours of locking a rate on their Mortgage Loan. Upon qualifying for the Offer, Better Mortgage will use commercially reasonable efforts to provide a Customer with an underwriting determination within 24 hours of the Customer locking a rate on their Mortgage Loan. In addition, Better Mortgage does not guarantee that an initial approval in connection with an underwriting determination will result in the final underwriting approval of a Customer’s Mortgage Loan. Moreover, Customers will be required to provide additional information and documentation after receiving an initial underwriting determination on their Mortgage Loan in order for Better Mortgage to make a final underwriting determination. The use of self-employment income or rental income from investment properties to meet the debt-to-income (“DTI”) requirements of a Mortgage Loan, other than as specified in the terms above, where such income is required for a Customer to qualify for the Mortgage Loan, may render a Customer ineligible for the Offer. The Offer is subject to all applicable state laws, and are available in all 50 states and the District of Columbia.
Questions to confirm with the lender (11)
These requirements have not been verified for this program:
- SSN
- ITIN
- U.S. credit history
- Foreign credit history
- No credit history
- Minimum credit score
- Minimum down payment
- Employment documentation
- Foreign income
- Foreign assets
- Reserves
Requirements last reviewed: Oct 25, 2026 · Official requirements source
Rates and costs
Conventional, Conforming Mortgage Loans — Investment property
Rates are available on request
No reviewed advertised rate example is linked to this program.
How to apply
Conventional, Conforming Mortgage Loans — Investment property
- To be eligible for the Offer for a conventional, conforming mortgage loan, Customers are required to provide the following documents to Better Mortgage via their online Customer portal within the Required Tasks Completion Period (collectively, the “Required Documents”): a) Pay stubs; b) W2s; c) Bank statements (including any applicable investment and retirement statements); d) A copy of a complete purchase agreement for the subject property of their Mortgage Loan (the purchase agreement is not required to be signed by either the Customer or the seller at this point in time); e) If applicable, proof of disability awards, social security income, retirement earnings, or pension income statements; f) If applicable, proof of self-employment income derived from a sole proprietorship via a Schedule C (Form 1040) document; g) If applicable, proof of rental income derived from investment properties as evidenced by a Schedule E (Form 1040) document, or as evidenced by a lease agreement for investment properties in which the Customer has owned the property for less than one year; h) If applicable, proof of child support or alimony awards; i) If applicable, proof of income in the form of vested restricted stock units (of a Customer’s current employer); and j) If applicable, if the subject property associated with a Customer’s Mortgage Loan is an investment property, proof of proposed rental income from such property. Failure to provide all Required Documents within the Required Tasks Completion Period may result in a Customer being ineligible for the Offer. The Required Documents may differ based on a Customer’s unique financial condition and Mortgage Loan circumstances.
- Confirm the program's identity, residency, credit and property requirements with the lender.
- Use the official application channel to request pricing for your actual scenario.
- Review the lender's written Loan Estimate, including costs and cash to close.
Published eligibility and availability do not guarantee approval. Confirm membership, relationship, property and occupancy conditions with the lender.
Sources and methodology
About this lender
Online purchase and refinance mortgages with conventional fixed and adjustable rates, jumbo, FHA purchase and VA options. Specialized token-backed and One Day Mortgage offers have separate eligibility and program conditions.
Legal lender: Better Mortgage Corporation
Lending channel: Direct lending
Provider type: Mortgage company
Lending channels: Direct lending. Origination status: Not stated.
NMLS identifier: 330511
Published service states: AL,AK,AZ,AR,CA,CO,CT,DE,DC,FL,GA,HI,ID,IL,IN,IA,KS,KY,LA,ME,MD,MA,MI,MN,MS,MO,MT,NE,NV,NH,NJ,NM,NY,NC,ND,OH,OK,OR,PA,RI,SC,SD,TN,TX,UT,VT,VA,WA,WV,WI,WY
More lender directory information
Parent: Better Home & Finance Holding Company. Former names: Not stated.
Direct application information ↗
The lender publishes licensing in the 50 states and District of Columbia and says loans are unavailable in Puerto Rico or outside the United States. Products are not available in all states; confirm availability for the selected program. The token-backed program is limited to select jurisdictions and requires a designated application path. Coinbase promotional credit is not available for applications submitted directly through Better.com. The official Get pre-approved destination returned a CloudFront request-blocked error during browser verification on 25 October 2026; destination functionality could not be confirmed.
Directory verified: 2026-10-25 UTC · Official directory source ↗
Official mortgage terms · Profile reviewed: Oct 25, 2026
- Official lender source · Last checked Oct 25, 2026
What do APR, points, LTV and reserves mean?
- APR
- An annualized borrowing-cost measure that includes interest and certain loan charges. Read it alongside the interest rate and fees.
- Discount points
- An upfront charge expressed as a percentage of the loan amount. Compare the quoted interest rate and the points together.
- LTV
- Loan-to-value: the loan amount relative to the property's value.
- Reserves
- Assets the lender may require you to retain after closing. Requirements differ by program.