Better Mortgage Doubles Warehouse Facility to $350 Million, Expanding Total Warehouse Capacity to $750 Million [Yahoo! Finance]
Better Home - Class A (BETR)
Last better home - class a earnings: 11/7 04:05 pm
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investors.amplifysnackbrands.com/corporateprofile
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Source: Yahoo! Finance
Company," "we," "our" or "us") today announced the successful amendment of its warehouse credit facility with a leading global banking institution, doubling the Company's capacity of that facility from $175 million to $350 million. The expansion increases the Company's total warehouse capacity from $575 million to $750 million, significantly strengthening Better's ability to fund anticipated origination growth in the coming months. "As we head into what we expect to be a significant period of origination growth over the next few months, expanding our total warehouse capacity to $750 million will help us meet increasing borrower demand," said Rob Wilson, Treasurer. "This amendment is a clear signal of the momentum we're building at Better." "Expanding our total warehouse capacity to $750 million better positions us to keep pace with the opportunity in front of us. Our new partnership channel with Credit Karma is already generating strong top of funnel lead flow," said Vishal Garg
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- Better Mortgage Doubles Warehouse Facility to $350 Million, Expanding Total Warehouse Capacity to $750 MillionBusiness Wire
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BETR
Sec Filings
- 3/31/26 - Form 4
- 3/31/26 - Form 3
- 3/25/26 - Form 4
- BETR's page on the SEC website