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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 13, 2026
Better Home & Finance Holding Company
(Exact name of registrant as specified in its charter)
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| Delaware | 001-40143 | 93-3029990 |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) |
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| 1 World Trade Center | |
| 285 Fulton St., 80th Floor Suite A | |
| New York, | NY | 10007 | |
| (Address of principal executive offices) (Zip Code) | |
(415) 523-8837
Registrant’s telephone number, including area code
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Class A common stock, par value $0.0001 per share | | BETR | | The Nasdaq Stock Market LLC |
| Warrants exercisable for one share of Class A common stock at an exercise price of $575 | | BETRW | | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On October 13, 2026, Better Home & Finance Holding Company (the “Company”) issued a press release (the “Press Release”) announcing, among other things, certain preliminary financial results for the three months ended September 30, 2026. A copy of the Press Release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
The preliminary financial results for the three months ended September 30, 2026 included in the Press Release are being provided prior to the completion the Company’s standard quarter-end closing procedures. These preliminary results are estimates based on information available to management of the Company as of the date of the Press Release and are subject to change upon completion of the Company’s closing procedures.
The information in this Item 2.02 and Exhibit 99.1 attached hereto is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of the 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
The following exhibits relating to Item 9.01 shall be deemed to be furnished, and not filed:
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| Exhibit | | Description |
| 99.1 | | Press Release, dated October 13, 2026 |
| 104 | | Cover Page Interactive Data File (formatted as Inline XBRL) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| BETTER HOME & FINANCE HOLDING COMPANY |
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| Date: October 13, 2026 | By: | /s/ Loveen Advani |
| Name: | Loveen Advani |
| Title: | Chief Financial Officer |
Better Reports Preliminary Q3 Results; Tinman AI Platform Volume of $790MM Rises 64% Over Prior Year
●First Better 2.0 weekly scorecard details additional $13 million in annualized expense reductions implemented and $51 million in additional targeted reductions over the next four weeks
●Total Loan Volume of $1.39 Billion, up 15% over prior year; in line with prior guidance despite rate environment and 2 month proxy fight distraction, while industry volume declined 37% in the same period
●Aggressively ramps up cost savings on path to Adjusted EBITDA Breakeven
NEW YORK, NY — October 13, 2026 — Better Home & Finance Holding Company (NASDAQ: BETR) today reported preliminary third-quarter Loan Volume of $1.39 billion, up 15% from $1.21 billion a year earlier. Tinman AI platform volume increased 64% to $790 million, representing approximately 57% of total Loan Volume, compared with approximately 40% in Q3 2025. The Company delivered these results against the backdrop of a 37% decrease in Industry volume during the same period, and through the distraction of a 2 month public proxy fight.
“We are proud of our people and leadership team, the strength of our Tinman AI platform, and our partners commitment to Better. We were able to continue to show growth despite the distractions and the macro environment. With my return, we are channeling the same energy and resilience to drive towards Adjusted EBITDA breakeven,” said Vishal Garg, Founder & Head of Product, Platform & Innovation.
The Company published its first Better 2.0 weekly management scorecard following last week’s shareholder call. The scorecard tracks execution against three priorities: reducing expenses to advance toward Adjusted EBITDA breakeven, completing the interim CEO appointment, and advancing Tinman and HELOC partner launches.
“Shareholders deserve measurable progress and clear accountability,” said Vishal Garg, added. “In the first seven days, we implemented approximately $13 million in annualized expense reductions. We are targeting another $51 million over the next four weeks. Our responsibility now is to deliver on these commitments, strengthen liquidity and convert platform growth into improved financial performance. Each week, we will report what is complete, what remains outstanding and where timelines have changed. We believe these savings will further fuel our aggressive stock buyback program, which we expect to be in the market buying stock this week as the stock remains fundamentally undervalued compared to both Better’s fintech and AI peerset.”
Better 2.0: Week One Management Scorecard
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Priority | Progress this week | Next milestone |
Marketing and sales efficiency | Implemented approximately $1.1 million in monthly expense reductions, or $13.2 million annualized | Track realized savings and operating performance |
AI-enabled sales workflows | Reconfigured lead routing and sales workflows | Complete implementation within two weeks; target an additional $1 million in monthly expense reductions, $12 MM annualized |
Corporate cost reductions | Identified opportunities to streamline corporate functions | Implement targeted reductions of $2.25 million per month, $27 MM annualized within three weeks |
Professional services | Identified changes to major professional services arrangements | Implement targeted reductions of $1 million per month within four weeks, $12 MM annualized |
Interim CEO appointment | Advanced engagement discussions and related legal documentation with the identified candidate | Complete documentation and announce the appointment |
Tinman and HELOC expansion | Confirmed that four of five potential HELOC partner opportunities remain viable; advanced work on the HELOC offering with the Company’s largest partner | Finalize revised launch milestones |
Together, the implemented and planned initiatives represent approximately $5.35 million in monthly expense reductions, or $64.2 million annualized, once fully implemented. Approximately $13.2 million of annualized reductions have been implemented; the remaining $51 million represents targeted reductions subject to execution. These figures represent annualized expense reductions rather than savings already realized.
Preliminary Third-Quarter Operating Results
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Metric | Q3 2026 | Q3 2025 | Year-over-year change |
Total Loan Volume | $1.39 billion | $1.21 billion | +15% |
Tinman AI platform volume | $790 million | $483 million | +64% |
Preliminary Loan Volume was within the Company’s previously announced guidance range of $1.375 billion to $1.525 billion, toward the lower end of that range.
“Tinman was the principal driver of our year-over-year volume growth,” said Loveen Advani, Chief Financial Officer. “Our next priority is to translate that growth into stronger financial performance through disciplined expense management and improved operating efficiency.”
Better intends to publish its management scorecard weekly until it achieves Adjusted EBITDA breakeven, reporting completed actions, outstanding commitments and changes to implementation timelines.
The preliminary third-quarter operating results are estimates and remain subject to completion of the Company’s financial closing procedures. They do not represent a complete presentation of the Company’s third-quarter financial results or financial condition.
About Better
Better Home & Finance Holding Company (NASDAQ: BETR) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $110 billion in loan volume. Better has leveraged its industry-leading AI platform, Tinman®, to achieve its singular mission of making homeownership cheaper, faster, and easier for all 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 AI loan agent built exclusively for the mortgage industry, revolutionizes the homebuying journey by answering questions, delivering approvals, comparing products, processing rate locks, and moving their loan application along to closing 24/7/365. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage and home equity loans. Better serves customers in all 50 US states and the United Kingdom.
For more information, follow @betrmortgage on X and @betterdotcom on Instagram and TikTok.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release that are not historical facts should be considered forward-looking statements, including, without limitation, statements and expectations regarding preliminary financial results for the third quarter of 2026, including Loan Volume and Tinman AI platform volume, cost reduction initiatives, the share repurchase program, product releases and partnership opportunities. In some cases, you can
identify forward-looking statements by terminology such as “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “could,” “would,” “project,” “plan,” “target,” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual future events to differ materially from those expressed or implied by the forward-looking statements in this communication. These risks and uncertainties include those risks discussed in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the Company’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026, as any such factors may be updated from time to time in the Company’s other filings with the SEC. New risks and uncertainties arise from time to time, and it is impossible for Better to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Better undertakes no obligation, except as required by law, to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise.
Key Metrics
This press release refers to the following key metrics:
Loan Volume consists of Funded Loan Volume and Processed Volume.
Funded Loan Volume represents the aggregate dollar amount of all loans funded in a given period based on the principal amount of the loan at funding.
Processed Volume includes loans processed on the Tinman® platform on behalf of our strategic partners but not funded by Better.
Media Contacts
Better Home & Finance
comms@better.com
Investor Contacts
Better Home & Finance
ir@better.com
