
Better Mortgage Reviews
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About Better Mortgage
Better Mortgage (NMLS #330511) offers an online mortgage lending program in all 50 states. Borrowers can get preapproval from the company in as little as three minutes. The lender doesn’t charge any application or underwriting fees, and it has a referral discount program for its customers.
Visit better.com- 100% online application
- Matches competitor offers
- On-time closing guarantee
- No USDA loans
- No construction loans
Better Mortgage Reviews
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Reviewed April 30, 2023
The application process was very easy and I worked with Michael. Customer service did a great job. I could contact them at any time and they responded fairly quickly. Even if I was up late at night and I shot them an email, they probably would respond the next morning. I was completely comfortable working with them. The only thing that Better Mortgage could improve on is that once you're done with everything, there is another company servicing your mortgage. That can cause some hiccups. I made my first payment to Better Mortgage then they transferred it to somebody. There is now the process of them sending that money to the new company. They called me a couple of times and they sent me a bill with two mortgage payments on it and I knew that I had already paid one.
Reviewed April 29, 2023
I got a conventional home loan and filling out the application and providing all the documents were all done on the website. Accessing it, and requesting and getting preapproved was simple. Everybody was responsive and extremely helpful. The reps were timely and the system was easy to follow in terms of all the tasks. Any time that something was confusing, I was able to ask for clarification and they gave me a very easy to understand response.
Lisa, the rep I worked with, was fantastic. Sometimes, I didn't understand some of the terminology being used and I asked for clarification on those things, and she was more than happy to help with all of that. The system was fantastic and I would recommend it to anybody who wants something like that. Everybody always wants a little bit lower interest but for what I got, I'm more than happy. Better Mortgage took all the stress out for me. The experience was extremely exceptional and intuitive, and very simplified down for somebody who doesn't understand the market or understand that world. So it was phenomenal.
Reviewed April 28, 2023
During the underwriting, there were a couple of hiccups but that's normal. They had a couple of issues with responsiveness with emails. Other than that, everything went great.
Reviewed April 27, 2023
Better Mortgage has a super easy application process. All was done online. They present you with tasks to complete, which makes it easy to knock things out one by one. The mortgage process took 30 days. The rates I got were as good as it was gonna get right now. This was a new mortgage. This was the second time I’ve used Better Mortgage and working with them is easy. For any future mortgages in the next year or two, I'll probably end up going through them again.
Reviewed April 17, 2023
I've worked with Better before and the process went pretty well my first time around. I went back to Better and there were a few things that came up that were confusing in terms of the task that I had. There was one where it was telling me something about submitting stuff for the purchase approval and addendums and what it was asking for was unclear. There was a lot of back and forth of me sending something, getting rejected, sending, and then calling to try to get some clarity on it.
Then, at the very end, we had to add my wife to a lot of the agreements and her signatures on it at the last moment. I feel like that part could have been handled better. Also, I talked to various people along the way and the hand-off between people wasn't always clear. I would call whoever I can get a hold of and I would talk to them. Other than those, the rest of the process was pretty smooth. There were other issues that came up that were addressed really quickly and easily.
Reviewed April 15, 2023
I reached out to Better Mortgage and what they showed would be my estimated interest rate is exactly what they came back with. The whole process from start to almost closing was pretty seamless. They had it broken down into steps and they were easy to follow. They were very responsive once you have the information requested uploaded and they were very good at keeping in touch and letting you know what's going on. The rep I worked with was Allen and he stayed in contact very well.
The issue was the closing company was trying to get the closing documents from the company after Allen had handed it off to a processor. It seemed like she didn't have a lot of experience. She was reading back some stuff to me about my rates are gonna change and it wasn't even my mortgage. That was problematic at first. Also, she was very slow on getting the documents to the closers. On the day of the closing, my closers had to call and put their foot down. The closing was a very big hassle but everything up to that point was perfect.
Reviewed April 15, 2023
The application process was easy but when we were trying to close, they said we couldn't talk to underwriter and we got to talk to the coordinator. It kind of sucked and the coordinator did not know what was going on either. They got it sorted out at the end but it should not be a stressful process. Other than that, the reps are amazing and the coordinator is great. Things get done.
Reviewed April 14, 2023
If you're concerned about closing costs and struggling with purchasing a home, look into Better Mortgage. If you're looking for little bonuses for closing early, or if you're worried about getting approval, Better makes it easy and they're straightforward. On an initial search, Better Mortgage offered the best incentives for working with them versus any other bank or lender and they also had competitive rates.
I worked on getting the preapproval, sharing the financial information such as my salary and current debts. We got the pre-approval, and submitted the offer with the seller. Once they accepted, we got the official loan letter. And from there, it was confirmation of my financials and getting the whole inspection done and appraisal, which ended up being waived, and getting final approval. Better calculated that the value of the home met a certain condition. So, they offered me to waive the appraisal. I took that because otherwise, the appraisal would have cost me an extra $500.
The most frustrating part was getting that final approval. There were a lot of questions about some transactions with my bank, which I understand because I was moving money around to different savings accounts while I was waiting for the actual closing. And those large transfers brought up a lot of questions that the underwriter had and we needed to justify that. That required a lot of work. It was frustrating at the time because we were getting close to closing and all these things were being done during the last week and it was a bit hectic.
Other than that, the interactions were good with Better, and with my real estate agent. Everyone was honest. They told me what I needed to know and they were very knowledgeable. They answered all my questions. If they didn't know the answer, they referred me to someone who did who would end up answering my question. David acted as the middleman, talking between me and the underwriter. He was very good and we talked a bit on the phone a couple of times when he would give me updates.
Reviewed April 13, 2023
I filled out the application through Credit Karma and it was pretty smooth. The reps were always available and they answered my questions.
Reviewed April 13, 2023
The design of the website made it really intuitive. They had a lot of educational materials that seemed like they targeted questions that I had really well and there were quick steps that I could take to get in touch with somebody who was able to walk me through the difference between their company and others. So, my experience with Better Mortgage was very approachable and easy. I really enjoyed working with them because the interface that they have is task-based. It empowered me to really move through the process and understand the pieces that I needed to take care of, and it worked smoothly. Their reps were, knowledgeable, and really easy to get in contact with. I was also really happy with rate that I got from them. I shopped around to figure out the best rate that I could get and Better was able to make it really easy for me to understand the cost.
Reviewed April 7, 2023
When I started exploring Better Mortgage, things were so fast and they were so responsive. All the details were right there on the dashboard to look at. I didn't have to ask too many questions. Everything was out there on the dashboard. With the other companies, I had to really dig deep and ask them how much my closing cost is going to be, and what that means. The overall transparency was not there with other companies. Better Mortgage provided me that. So, the quick response and transparency made me move to them. The process was very simple. I had been hearing scary stories about getting a mortgage and things that you have to go through, things you will not know. In fact, I gave that feedback to Better Mortgage myself that this seems like an easy task.
Reviewed April 5, 2023
I got a better deal wth Better Mortgage in terms of mortgage rate. I got the best interest rate with the competitive offer that I got. Also, Better Mortgage tied up with my company to provide their employees with an incentive of a couple of thousand dollars. That also helped me. The process was good. Everything was online, so it was really good. I was able to operate most of the things through online and my emails. I rarely called the representatives on the phone. I was happy with the time the process has taken. It was a great experience to get things processed in a faster way. When I was able to close from the time when I started the application process, it was done in about 12 days. It was faster than the quoted time, which was around 15 or 20 days. Better's team was able to get the things done and get ready for closing within 12 days. So, it was really impressive for me.
The only thing was when there were some documentation that was waiting from the builder, I was not aware that Better was waiting for the documents. So, if there was any mechanism to proactively say there’s something pending from someone, and if they need any help from me, sending an immediate alert, an email or a text message would have helped. Everything else was good. The loan officer is very good. She was knowledgeable. Any question that I asked, she was able to understand and answer it pretty well. Overall, they explain and coordinate things very well as well through them. I got a good experience. I was very comfortable with the people I was speaking with. They're very friendly, even though I wasn’t able to see them in person. I just email them.
Reviewed April 5, 2023
They were really helpful. I tried to fill out the application and I didn't see any issues so far. Whatever information they asked for, I had all the documents ready with me. Everything was good.
Reviewed April 5, 2023
The process with Better Mortgage was very easy. Their team was with me every step of the way. It was never hard to get in contact with them via email and text. It was also very quick and relatively painless. The uploading of the documents might be a little troublesome for somebody that might not have access to a scanner. But, fortunately, when I was doing most of this, I'm IT, so I work with technology all day. I worked with several different people. All of them were very nice. They were very prompt in responding. My wife and I wound up very happy. We got a low-interest rate, lower than anybody else was offering. It was, overall, a pleasant experience from start to finish.
Towards the end, I also got a call from my realtor. The title company was waiting for some documents to be signed. But I hadn't gotten any over yet. I texted one of my representatives and asked what the deal was. She said we could do a couple of things to not leave money on the table. By the end of it, the cash to close stayed right about the same, but the interest rate went down and we utilized most of what the seller's credit was. Better is open until 10:00 and it was the day before closing. That was great customer service.
Reviewed April 5, 2023
Better Mortgage got back to me soon after I showed interest and asked for information, and I was able to talk to one of the agents and get things along. At that time, the interest rate was picking up higher, so I wanted to lock in the rate. Everything was done on the website and they sent a reminder and any task I had to do. It was efficient and things got along faster than I anticipated. The interest rate I got is very competitive compared to others as well. I checked some other lenders over the phone then through email, and a tech told me that it was cool with Better.com, but they cannot provide that rate that I mentioned. I will recommend people to at least check and see how Better Mortgage is gonna provide the entire service and the rates.
Reviewed April 5, 2023
My daughters purchased a new home, and I pointed them to Better Mortgage. While I wasn't part of the loan, I was somebody on the loan to help. They work during the day and I have a job where I can answer the phone. The reps were good, and I have zero complaints. Better Mortgage also improved their product, and it was better this time than it was a couple of years ago when did a mortgage through them. I have a job that I moved quite a bit around, and I had used Wells Fargo nine times. During the last one, they were completely unhelpful and it was very difficult to even get a pre-approval letter out of them that was correct. They couldn't get it right five times. With Better Mortgage, it was smooth and easy, and it was the same thing this time.
Reviewed April 5, 2023
The application process was straightforward. Better Mortgage has an online portal, so they could just upload each document as it filled in and I can track my progress as I added each document. It was easy and quite nice. Within applying, I was put in contact with a customer service person that had all of my information already and they walked me through the very last pieces. I was then introduced to my loan coordinator, and we had a few calls. I tend to want to talk on the phone at the least amount as possible and they were able to accommodate that.
From the time I made first contact to the time I closed was about 28 days, and compared to the other places where I had the rate locked, Better Mortgage's rate and the terms are fair. I had more experienced family members look it over and they said it looks typical. I would always recommend based off of the rate, if they're beating everyone else, and they were very serviceable.
Reviewed April 4, 2023
The process was easy. There was a lot of paperwork but they made it pretty simple. They would send an email if there was a new task that I needed to do and it saved me from having to log in all the time.
Reviewed April 4, 2023
My experience was excellent, starting with the first person that I spoke with to the person that they passed me to when they were done doing what they had to do. It was an easy process. Once I provided them with the information and they verified it, it was like, "Let's move on to the next step." Better Mortgage was very easy to do business with, the portal was pretty user-friendly, and the people that I dealt with were very responsive and always answered my questions.
Reviewed April 4, 2023
I went with a 30-year cashout refi from Better Mortgage. You do the application online and get a loan officer assigned to you. The loan office asks for all the docs and once those are over, you’re gonna get an underwriter who’s gonna contact you if they need anything. Then your loan is done within 40 days. The rate is whatever the Fed’s rates are plus base points on top of that.
Reviewed April 4, 2023
I got the conventional program with Better Mortgage and I did it online. I got the documents directly to underwriting. You're assigned a licensed person if you need help. We didn't engage with them that much due to the fact that we're experienced in a sense. But they were available. We talked to them about some things and that was normally something to do with the software. If you're a normal consumer in a different field, it might not be as easy and streamlined. But I knocked out my loan in 12 days. I run a title company so we were able to get it closed very quickly. I knew what the reps would want before they'd want it. All were prepped and any little thing they asked for, I got very quickly. So we were able to close it very fast. They had never seen it done that fast.
I had a great experience but generally, nothing like I would assume as a normal consumer doing it. The rate was high but it depended on the day. I could have paid it down more. But the rate is what it is. My goal is, when the rate comes down in the future, I'll probably refi. I'm assuming that eventually, they'll drop a little bit. But my rate is good for what it is.
Reviewed April 4, 2023
Their communication was good, but it could have been a little better. I got the feeling that the people who were working on the account had a lot going on. But we had a very short timeframe. We signed the contract and closed in five weeks. It was fast. The site was also well laid out. Their assignments of to-do lists were spot on.
Reviewed April 4, 2023
Everything was online with the application at Better Mortgage. It was super easy other than we had the little hiccups at closing. I didn't know if it was between them or the title company, but we had to push our closing to three different times, which was a little frustrating. It would have been nicer if there was an easier point of contact. I would always have to call a number that would then route me to a phone tree, which was a little difficult. But overall, the process was good.
Reviewed April 4, 2023
I got contacted quickly with the first person and went through the paperwork. Everything went smoothly and it was a positive experience. The application process was very easy. If I had to do it again, I would go with Better Mortgage. It worked well. I just had 45 days out closing due to seller needed more time to do their part. But everything went on time and I didn't have any problems. From the initial application to closing, it was less than 45 days. Better Mortgage had the best rate. I understand that the rates change but I would recommend to try Better Mortgage when people shop around.
Reviewed March 24, 2023
The application process worked smoothly and easily. Everything went very well. The only hiccup I had was when I paid for the appraisal, Better Mortgage would not release that information to me until after I finished negotiating with the seller and gave me some excuse that I did not believe. But I was quite happy with the mortgage end of it. Better Mortgage has a complete program and if you use the real estate broker that's in their system, you get discounts. The broker they assigned to me was very knowledgeable. Overall, it's an excellent experience. I would recommend them.
Reviewed March 16, 2023
Better Mortgage's rates were at the top. It was nice to be able to see everything online. That was a key part other than having to get on the phone and deal with a lot of back and forth. I filled everything out online and it worked out. The rate table was pretty good. There was a good amount of lender credit and it was competitive. The only thing was it's a national lender, so it made me worried a little bit about using a more known one locally to me or a credit union. Other than that, everything closed on time. So, I was pretty happy with it overall.
The rate was good. The only part that I really wanted was to get a principal reduction because I also had like a Realtor credit and a broker rebate. So, I was hoping to apply some of that, but there were some weird stipulations. I had looked everything up and turned it to them, but it wasn't able to fall through. That was a bit annoying and it was hard to get answers on those.
Reviewed March 16, 2023
Better Mortgage seems to give a little bit better of approval. I got a conventional loan. The first part of the process was really easy. There were a lot of complications, generally, with first time buyers. I had some frustration that my loan coordinator was gone for the entire last month coming up to my closing date. Then, we weren't able to complete things within the first period, so we had to ask the seller to delay. Everything else was relatively easy. When I would call in and ask to talk to somebody on my team, everybody that answered the phone was knowledgeable and super helpful.
It was just overly complicated to get ahold of somebody that was supposedly in charge of my loan that I could call and talk to. My team lead went on vacation for the last month, and then he came back, and then his team lead went on vacation. So, it was kind of back and forth not really knowing who to talk to. Also, the rate wasn't explained to me super well. I thought it was locked in there for like a 5.6. When I got the closing paperwork, it was like 6.5. Then it was explained to me a little bit better, but it's still a little frustrating. They were willing to switch it back, but the way it was explained to me was it was just less down with a higher interest rate.
Reviewed March 16, 2023
The application process was straightforward. All the information that Better Mortgage needed was already digital so I could just upload it to them, then they were able to verify all the information. Everything was seamless. It was online, and I was able to better keep track of the process, and it was very transparent. The reps did both email and text whenever they needed anything from me or they also let me know that they were available both email and text. I reached out to them a couple of times whenever I had any questions, and they were quick to respond and more than happy to answer. It was great communication. The whole mortgage process took three weeks. I love the process, and I would definitely recommend it to anybody else.
Reviewed March 16, 2023
Better Mortgage was on top of everything. Their website has a little task you have to complete. It was easy. The only issue I had was they kept asking me for my divorce papers. I kept telling them I'm not divorced. I had to write a letter stating I was a widow and not divorced. They should have a widow option. At the very beginning, the rep was quick to respond. I was supposed to be able to get a float-down. When I called in to see if I was eligible, he did not get back to me. I had kept calling my coordinator. She sent an email over to his boss. They were supposed to be seeing if I could get some kind of credit but I didn't get that. That was the only issue I had.
Reviewed March 16, 2023
I like the ease of using the website and doing things online. I could upload my documents. Also, the reps were very good and helpful. If you want a streamlined process, Better Mortgage is the way to go.
Better Mortgage Company Information
- Company Name:
- Better Mortgage
- Website:
- better.com
