Better Mortgage Corporation mortgage approval rate & lending review
Better Mortgage Corporation decided 24,403 mortgage applications and funded 17,393 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Better Mortgage Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to better.com.
Better Mortgage Corporation at a glance
Approval is 9.0 points below the 81.7% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 80% | 11,238 / 14,078 | 99% | $405K | 11,089 |
| Home improvement loans | 55% | 835 / 1,510 | 96% | $105K | 804 |
| Cash-out refinance | 53% | 1,510 / 2,860 | 97% | $235K | 1,468 |
| Refinance | 66% | 1,551 / 2,363 | 96% | $475K | 1,487 |
| Investment property purchase | 83% | 1,850 / 2,229 | 98% | $275K | 1,815 |
| Investment cash-out refinance | 50% | 318 / 633 | 96% | $205K | 306 |
| Investment refinance | 63% | 250 / 394 | 99% | $315K | 247 |
| Investment home improvement | 55% | 184 / 336 | 96% | $105K | 177 |
Better Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 75% | $405K | 2,886 | 2,133 |
| California | 71% | $635K | 2,624 | 1,816 |
| Florida | 68% | $385K | 2,450 | 1,634 |
| North Carolina | 75% | $415K | 1,152 | 849 |
| New Jersey | 76% | $555K | 1,139 | 846 |
| Georgia | 71% | $405K | 1,097 | 772 |
| Pennsylvania | 71% | $285K | 899 | 620 |
| Illinois | 71% | $395K | 888 | 613 |
| Washington | 78% | $565K | 867 | 664 |
| New York | 74% | $565K | 736 | 538 |
| Colorado | 81% | $445K | 658 | 525 |
| Ohio | 70% | $255K | 630 | 428 |
| Arizona | 70% | $475K | 616 | 425 |
| Oregon | 79% | $465K | 561 | 439 |
| Oklahoma | 78% | $265K | 541 | 415 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Better Mortgage Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| King County, WA | Mortgage lenders | 80% | 209 | 166 |
| Denton County, TX | Mortgage lenders | 85% | 178 | 148 |
| Oklahoma County, OK | Mortgage lenders | 78% | 175 | 136 |
| Multnomah County, OR | Mortgage lenders | 83% | 125 | 104 |
| Weld County, CO | Mortgage lenders | 94% | 97 | 91 |
| Tulsa County, OK | Mortgage lenders | 85% | 101 | 85 |
| Bergen County, NJ | Mortgage lenders | 88% | 96 | 83 |
| Washington County, OR | Mortgage lenders | 87% | 91 | 79 |
| Larimer County, CO | Mortgage lenders | 90% | 83 | 74 |
| Saline County, AR | Mortgage lenders | 88% | 72 | 63 |
| Westchester County, NY | Mortgage lenders | 89% | 72 | 62 |
| King County, WA | Refinance | 78% | 79 | 60 |
The county markets where Better Mortgage Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about Better Mortgage Corporation
What is Better Mortgage Corporation's mortgage approval rate?
Better Mortgage Corporation approved 72.7% of the 24,403 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.0 points below the 81.7% national rate for the same mix of loan types.
How often do borrowers take the loan Better Mortgage Corporation offers?
Borrowers accepted 98% of the loans Better Mortgage Corporation approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Better Mortgage Corporation make?
The typical home purchase mortgage loan Better Mortgage Corporation made was $405K; across all loan types its typical loan ran from $105K to $475K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Better Mortgage Corporation lend?
Better Mortgage Corporation decided applications in 51 of the states Fat Boy Data covers, most of them in Texas, California and Florida.
Can I apply to Better Mortgage Corporation directly?
Yes. Better Mortgage Corporation reports as a direct lender that takes applications from borrowers. Its website is better.com.
Does this page show Better Mortgage Corporation's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Better Mortgage Corporation treats applications, then get a rate quote from the lender.