💬🚀 "We believe Betsy™ will enable us to serve 10 times more customers” In this interview with Maria Volkova of National Mortgage News, Better.com CEO, Vishal Garg, shares how we are revolutionizing the mortgage industry with the launch of our voice-based AI Loan Assistant, Betsy™. Programmed to communicate with prospective and existing customers, Betsy™ leverages AI and large language models (LLMs) to accelerate a consumer's entire mortgage journey from pre-approval start to closed loan. Read more in the piece below: https://lnkd.in/ebyfTH_n Better Mortgage Corp | NMLS #330511
Better
Financial Services
New York, New York 250,115 followers
Making homeownership simpler, faster - and most importantly, more accessible. NMLS #330511 | better.com/terms
About us
Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. From its founding in 2016 through mid 2021, Better funded over $45B in home loans and provided over $25B in cumulative coverage through Better Cover and Better Settlement Services, the insurance divisions of Better. Better has raised over $400M in equity capital since inception. The company was ranked #1 on LinkedIn’s Top Startups List for 2021 and 2020, #1 on Fortune’s Best Small and Medium Workplaces in New York, #15 on CNBC’s Disruptor 50 2020 list, as well as being listed to Forbes FinTech 50 for 2020. For more information, follow @betterdotcom. Join us. NMLS #330511 | NMLS Access: better.ryukyu/3WJ99P8 © 2021 Better Holdco, Inc. and/or its affiliates. All rights reserved. Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 3 WTC, Floor 57, New York, NY 10007. Loans made or arranged pursuant to a California Finance Lenders Law License. Not available in all states. Equal Housing Lender. NMLS Consumer Access Better Real Estate, LLC is a Virginia Licensed Real Estate Firm with its principal office located at 312-F East Market St., Leesburg, VA 20176. License #0266029484. Equal Housing Opportunity Better Mortgage Corporation, Better Real Estate, LLC, Better Settlement Services, LLC and Better Cover, LLC are separate operating subsidiaries of Better Holdco, Inc. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation, and applicable and legal and regulatory requirements. Products not available in all states.
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Mortgage
Locations
-
Primary
175 Greenwich St
Floor 57
New York, New York 10007, US
Employees at Better
Updates
-
🎙️ Last month, Better.com's CEO, Vishal Garg, joined Jessica Beck, Co-Founder & Co-CEO of Alfred, and Chrissi Johnson, CEO & Founder of Alinement Advisors, on the stage at Blueprint: The Future of Real Estate, a premier conference bringing together innovators shaping the future of real estate. During the panel, Vishal discussed the long journey of starting a mortgage company and shared his key learnings for rising founders in the industry: “Starting a mortgage company wasn’t easy—licensing in 49 states and competing with big banks took years, but our commitment to improving homeowners' lives helped us overcome every challenge.” Watch the full panel discussion here: https://lnkd.in/eaE4vDyZ Better Mortgage Corp | NMLS #330511
-
We shop, you save. Join our 12,000+ customers who saved time and money with Better Cover LLC last month! Learn more at: https://lnkd.in/eEf5FcVA
-
Better reposted this
We’re a few weeks out from the LendingTree Summit… roll call! Comment if you’re going and/or tag someone you’re going with! I’ll be there with Better‘s Vishal Garg & Chad Smith, AMP. Looking forward to seeing Doug Lebda Will Adams Jade Briggs Andy McDonald Chris Hall Sarah Schweihs And always delighted to be in proximity to Julian Hebron’s big brain 🧠 to wax philosophical on all things mortgage, innovation, and media!
-
🏡 🚀 Following the launch of Betsy™, our voice-based AI Loan Assistant, Kevin Ryan, CFO of Better.com, shared how this innovation automates time and labor-intensive components of the mortgage process to enable material reductions in cost barriers for consumers: “The average cost to sell and process a mortgage in the U.S. is nearly $9,000, but with Tinman, we've already cut that down by more than 35% through automation of time-intensive tasks. With the addition of Betsy, we expect to drive costs down even further, delivering even greater savings.” Read more in the HousingWire piece below: https://lnkd.in/giUrFfuJ Better Mortgage Corp | NMLS #330511
Better launches voice-based AI loan assistant
https://www.housingwire.com
-
💬 “With consumers’ budgets tightening and affordability at an all-time low, there’s definitely reason for concern, but as long as employment remains strong and inflation continues to ease, there’s hope that discretionary spending and affordability can gradually improve.” Looking ahead to further interest rate cuts on the horizon, Better.com's Chief Financial Officer, Kevin Ryan, recently sat down with Ryan Kingsley of National Mortgage Professional to discuss the state of affordability for consumers and strategies mortgage lenders are leveraging to better service aspiring homeowners. Read the full piece below: https://lnkd.in/egcYBsS9 Better Mortgage Corp | NMLS #330511
Mortgage CFOs, CIOs: Rate Relief A Long Way Off
nationalmortgageprofessional.com
-
Better reposted this
When strategizing and game-planning with your trusty & friendly Better HR partner, might I suggest opting for twin recliners with a view?! 🏙️ Maggie Ark 🤝
-
Better reposted this
Excited for the consumer and our teams to meet and leverage Betsy. https://lnkd.in/gRSWuJ9J
Better.com launches Betsy™, the First Voice-Based AI Loan Assistant for the US Mortgage Industry
businesswire.com
-
Better reposted this
Thanks Katie Jensen for your piece on Betsy, our AI voice loan assistant which we believe will radically reimagine the tasks and roles of loan officers, processors and coordinators in the mortgage industry.
Better.com Unveils Betsy, The First Voice-Based AI Loan Assistant
nationalmortgageprofessional.com
-
Better reposted this
This morning we launched Betsy, the first AI voice based Loan Assistant for the mortgage industry. This launch is a seismic moment for Better and the entire mortgage industry. Fulfilling a mortgage loan is labor-intensive and rules-driven, and Betsy serves as a highly intelligent front end enabling customers to automate the process with the full power of our proprietary loan engine, Tinman. This isn’t just another text chatbot or document processing service launched through a traditional CRM or OCR vendor, this is true disruption of the non-licensed tasks performed by armies of traditional customer service reps, Loan Officers and Processors in the mortgage industry. We believe that Betsy will catalyze our growth over the coming years by making our existing Loan Officers, Processors, Coordinators and Closers far more efficient. We are only beginning to witness how AI will disrupt the traditional mortgage industry, and our technology is setting the standard in delivering maximum value, savings and service to American homeowners. Check out a demonstration of Betsy in the attached press release: https://lnkd.in/ehsMKuYC
Simple, Online Mortgage | Better Mortgage
better.com