The AI-mortgage lender has been recognized as a finalist for the “Best Consumer Lending Solution” category highlighting its groundbreaking digital mortgage experience

Better Home & Finance Holding Company (NASDAQ: BETR), the AI-powered homeownership company, today announced it has been selected as a finalist for the 2025 Finovate Awards in the Best Consumer Lending Solution category. The Finovate Awards honors financial institutions and companies driving innovation forward across lending, payments, financial inclusion, UX/CX, and more. Winners will be announced during FinovateFall in New York City this fall.

The Best Consumer Lending Solution award recognizes a bank or financial institution that excels in consumer lending by offering both quality products and an exceptional digital experience. Better earned its finalist spot for its Tinman® AI Platform and Betsy™ AI assistant, which together power the company’s mission to make homeownership more accessible, affordable, and efficient.

“We’re proud to have been selected as a finalist for the 2025 Finovate Awards in the Best Consumer Lending Solution category,” said Vishal Garg, Founder and CEO of Better. “Better isn’t adding tech to a broken system — we’re building a new one. Our AI platform, Betsy™, runs on Tinman®, our rules-based decision engine that matches consumer and property attributes with the underwriting criteria across 45 of the nation’s largest investors. This technology has enabled us to help American families save an average of $20,000 over the life of their loan. We’re committed to building the future of home finance by making it cheaper, faster, easier, and just plain Better.”

Better has continued to deliver groundbreaking advancements in consumer lending. The company’s Tinman® AI Platform has evolved into a modular, API-driven solution that lenders and brokers across the country can adopt, while Betsy™, the industry’s first voice-based AI loan assistant, manages over 127,000+ borrower interactions each month, resolving 80% of inquiries instantly and reducing response times from hours to seconds. These innovations have powered initiatives like NEO Home Loans powered by Better, enabling loan officers to close loans faster and drive measurable growth in volume and margins.

Better’s leadership in AI-powered lending has been widely recognized in 2025, with honors including the Banking Tech Award for Best LendTech Solution - Digital Engine and the Fintech Breakthrough Award for Digital Mortgage Innovation.

For a full list of 2025 Finovate Awards finalists, visit Finovate Awards. For more information about Better, please visit www.better.com.

About Better Home & Finance Holding Company

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, the 2025 Banking Tech Award 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250804851527/en/