Better reports $1.64B Q1 loan volume, exceeds guidance
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Better Home & Finance Holding Company Reports $1.64B in Preliminary Funded Loan Volume for Q1 2026, Exceeding Prior Guidance; Strengthens Balance Sheet and Announces Strategic Actions to Drive Pro
April 8, 2026 9:25 AM EDTSummary of Announcements:
Q1 2026 preliminary Funded Loan Volume of $1.64B, exceeding prior guidance of $1.40B to $1.55B Oversubscribed Public Offering of $60M of Class A common stock with over-allotments of up to $9M for an anticipated total of $69M; terminating the At-The-Market (ATM) program $25M of annualized cost reductions beginning Q2 2026 U.K.-based bank: classified as held for sale effective Q1 2026; active sale process underwayNEW YORK--(BUSINESS WIRE)-- Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (Better, the Company, our or we), the AI-native mortgage and home equity finance... More
