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www.tropicalfcu.org At Tropical Financial Credit Union in South Florida, you can take advantage of a better mortgage loan rate. Thousands of ...

Citigroup invests in digital mortgage company Better Mortgage

But a spokesperson for Better Mortgage told HousingWire that the company is not disclosing the details of Citi’s investment.

Regardless of the dollar amount, the fact that Citi, Amex, and Goldman Sachs have invested in Better shows that the company and its business model has some appeal.

Better’s platform works by moving the mortgage process completely online. Its customers are able to upload and eSign documents, have instant access to lending discounts and receive personalized mortgage recommendations.

And the company is finding success.

Since launching three years ago, Better Mortgage has grown significantly. Last year, the company doubled its geographic footprint and originated $1.3 billion in mortgages, representing an approximate increase of 300% from the prior year.

The company expanded throughout 2018,  adding 13 more states throughout the year. The company also expanded into four new states already this year.

Is a mortgage broker or a financial advisor better when you want help getting a good mortgage deal?

We know how much we want and know we can afford it, we just want to go over the options and get a good deal, but I don't know who would have more options, be more honest, etc. We are in the UK.


The difference between a mortgage adviser and a financial adviser is the qualifications they hold.