Better Launches Wholesale HELOC and CES Platform to Offer Higher Approvals and Lower Interest Rates for Customers of Traditional Mortgage Brokers — Signs 10 Mortgage Broker Partners Leading the Industry Forward

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10/21/2025 - 09:00 AM

New Wholesale Lending Platform powered by Tinman^® AI will feature a wide credit matrix and fast digital application supported by AI-powered underwriting to help Mortgage Brokers serve more customers with a Better process

NEW YORK--(BUSINESS WIRE)-- Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading AI-native home finance company, today announced the launch of their Wholesale HELOC and CES Platform powered by Tinman^® AI. The platform supports both Home Equity Line of Credit (HELOC) and Closed End Second (CES) liens under one streamlined application flow giving originators flexibility to price out variable and fixed rate loans in minutes ranging in value from $50,000 to $500,000.

Better has originated over a billion dollars in HELOCs and CES liens directly to consumers and over $110 billion in mortgages through its direct to consumer, retail, and private label partnerships to date. Lenders have demonstrated that hundreds of billions of originations are achievable through broker channels, with over $300 billion originated in purchase mortgages by mortgage brokers last year. Better’s goal is to bring that type of scale, pricing, and product flexibility to the HELOC and CES market for mortgage brokers.

Through the launch of the Wholesale Platform, Better will reach an even wider group of originators allowing consumers to tap equity in their homes for home improvement costs or to consolidate expensive credit card debt and manage life’s expenses with lower monthly payments. Mortgage brokers will also have the flexibility to offer their customers debt-payoff, no-fee pricing and discounted rates with paid points. In addition, they’ll be able to offer 12 & 24-month bank statement approval options for small business owners across a variety of investor products and pricing — all in one easy flow without the need to switch from one lender to another.

“Better’s Wholesale HELOC & CES Platform offers competitively low rates and zero origination fees. Unlike some platforms that deliver limited pull through, Tinman AI is powered to hand-hold, process, and underwrite more challenging customer files too; allowing for greater customer satisfaction and higher broker earnings,” said Patrick Kandianis, Better’s Head of Business Development. “This isn’t a red light, green light personal loan process with a property address and a blockchain title policy attached to it. It’s algorithmic machine learning driven to match borrowers across a wide variety of investors coupled with an AI engine that knows when to bring the human into the flow to help customers. Partner brokers of all types and sizes nationwide can access our new wholesale platform and complete a fast, digital pre-application in just minutes.”

As a part of this offering, wholesale originators can share a link with new customers to set up an online account and complete simple tasks to lock a rate, finish an application, and One Day HELOC eligible customers can close in as little as one day with funding taking place in as little as five days. Better's product experience allows brokers and their customers to easily interact in the Tinman AI platform with Better Mortgage processors and underwriters who provide end-to-end support for the entire origination process.

“We’re excited to offer Better’s Wholesale HELOCs & CES and provide our clients more options and a greater chance of approval using their unique Tinman digital interface combined with an actual underwrite,” said Trent Ford, CEO of Saxton Mortgage, a leading San Diego based lender. “It’s a very comprehensive approach that we believe will be successful.”

“The launch of Better’s Wholesale HELOC and CES Platform marks a major expansion for our mortgage business. In 2024 alone, U.S. lenders originated an estimated $201 billion in HELOC volume; a very small percentage of that volume flowed through an AI-powered wholesale channel,” said Vishal Garg, CEO and Founder of Better. “Our technology delivers transparency and automation across the mortgage ecosystem, and this move into wholesale is the next chapter of our mission to make home financing better for every consumer, regardless of channel or interface. We’re starting strong, with 10 new mortgage broker partners who have collectively originated hundreds of millions for other incumbent players. As our broker partners experience higher approval rates and AI-powered underwriting, we’re excited to grow this home equity product set even further.”

To sign up or learn more, please visit https://better.com/b/better-wholesale-lending or contact Patrick Kandianis and the Wholesale HELOC and CES Platform team directly at wholesalesupport@better.com.

About Better.com

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) is the first AI-powered mortgage lender and first fintech to fund more than $100 billion in mortgage volume. Since 2016, Better has leveraged its industry-leading AI platform, Tinman^®, to achieve a singular mission of making homeownership cheaper, faster, and easier for Americans. Tinman^® allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy™, the first voice-based AI loan assistant built exclusively for the mortgage industry, revolutionizes the homebuying journey by delivering timely application status updates to consumers, answering questions, and moving their loan application along 24/7/365. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans. In January 2023, Better launched "One Day Mortgage,” allowing eligible customers to go from click to Commitment Letter within 24 hours. Better won the 2025 Fintech Breakthrough Awards for Digital Mortgage Innovation, and was named Best Online Mortgage Lender by Forbes and Best Mortgage Lender for Affordability by WSJ in 2023, 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, and was listed on Forbes FinTech 50 for 2020. Better serves customers in all 50 US states and the United Kingdom.

For more information, follow @betterdotcom on Instagram and TikTok.