Better Mortgage Renews $175 Million Warehouse Facility on Improved Terms; Reaffirms Volume and Earnings Guidance
Better Home & Finance Holding Company - Class A (BETR)
Last better home & finance holding company - class a earnings: 11/7 04:05 pm
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US:NYSE Investor Relations:
investors.amplifysnackbrands.com/corporateprofile
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”) today announced the successful amendment and renewal of a $175 million warehouse credit facility with a leading global banking institution, further strengthening liquidity, enhancing operational flexibility, and improving financing terms.The amended facility features reduced cash deposit requirements, expanded leverage capacity, and higher advance rates on certain non-GSE loans, materially reducing ongoing equity capital requirements.In addition, Better.com reaffirmed its previously disclosed guidance, given in November 2025, that monthly origination volumes are expected to exceed $1 billion by May 2026, representing an increase of more than 100% compared to the Company’s average monthly origination volume of approximately $400 million for the quarter ended September 30, 2025. The Company also reaffirmed its expectation of achieving adjusted EBITDA profitability by the end of the third q
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News
- Better Home hires Zeta, IBM alum for CFO role [Yahoo! Finance]Yahoo! Finance
- Better Welcomes Loveen Advani as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Better Welcomes Loveen Advani as Chief Financial OfficerBusiness Wire
- Better Home & Finance (NASDAQ:BETR) was upgraded by analysts at Cantor Fitzgerald to a "strong-buy" rating.MarketBeat
- Better Home & Finance (NASDAQ:BETR) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating on the stock.MarketBeat
BETR
Sec Filings
- 2/3/26 - Form 4
- 2/3/26 - Form 4
- 2/3/26 - Form 4
- BETR's page on the SEC website