Market Overview

Better Mortgage Now Available in Iowa, Mississippi, and South Dakota

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Affordable and accessible homeownership extends to over 7 million
more Americans

Better
Mortgage
, a digital mortgage company working to improve access to
home financing for all Americans, is pleased to announce that it has
launched its services in Mississippi, Iowa, and South Dakota. Better's
expansion into these new markets brings the company closer to its
ultimate goal of offering affordable, accessible, and transparent home
lending services to prospective homebuyers nationwide.

"At Better, we want to make homeownership an option for every American –
it's at the core of what we do," said Vishal Garg, CEO and co-founder of
Better Mortgage. "One small piece standing in our way is being licensed
in every state. This move gets us one step further. We'll offer our
customers in these states a 21st century home financing
experience that's proven to be much simpler and much more affordable."

Better recognizes that buying a home is often the most significant
financial decision a person will make in their lifetime. The company
eases the burden that this places on consumers by creating a seamless
experience, without the friction, inefficiencies, and excess costs of
the traditional mortgage process. Better puts the consumer in control
through advanced technology and intuitive tools, complemented by support
from Better's skilled, non-commissioned loan officers, who are dedicated
to improving the borrower's experience. The result is a uniquely
user-friendly process, with loans closing faster than the industry
average.

Better identified Iowa, Mississippi, and South Dakota strategically for
this latest expansion. Launching its services in these three states will
enable Better to reach 7 million additional potential homebuyers. That
brings the company's market reach to over 180 million people in 19
states. Most recently, Better also began offering its services in
Michigan and Tennessee.

"We've taken great care to study the issues facing the average
homebuyer, from rising mortgage rates to tight housing inventory, in
order to improve our services and tailor them to the specific needs of
every market within each state that we operate," added Eric Wilson, Head
of Lending Innovation & Operations at Better Mortgage. "We are excited
to offer residents of Iowa, Mississippi, and South Dakota the tools
they'll need to achieve their homeownership dreams."

Since the launch of Better.com
in January 2016, Better Mortgage has grown steadily to offer its lending
services in 19 states including Arizona, California, Colorado,
Connecticut, District of Columbia, Florida, Georgia, Illinois, Iowa,
Michigan, Mississippi, North Carolina, New Jersey, Oregon, Pennsylvania,
South Dakota, Tennessee, Texas, and Washington.

About Better Mortgage
Launched in 2016, Better.com is
a full stack mortgage lender digitizing every step of the home financing
process to make homeownership more affordable and accessible. Backed by
Kleiner Perkins, Goldman Sachs, and Pinebrook, Better is focused on
customer advocacy, putting consumers back in control of the most
important financial decision of their lives. Named Best Mortgage Lender
for Customer Service by NerdWallet, Better has an intuitive online
platform, complemented by non-commissioned staff that guides customers
through the process, starting with how much house they can afford or how
much they can save, all the way through to closing, completely
jargon-free with airtight certainty and the best rate possible. Better
reached $1 billion loans funded in February 2018. For more information,
follow them on FacebookTwitter, and LinkedIn.

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