Better CEO Vishal Garg Receives Inman’s 2024 Best of Finance Award

Rhea-AI Summary

Better Home & Finance, a leader in digital homeownership, has announced that its CEO Vishal Garg was named one of Inman's 2024 Best of Finance awardees. Under Garg's leadership, Better has made significant strides, including becoming a publicly listed company and raising $565 million in new capital. The company has introduced innovative products such as Mortgage as a Service (MaaS) in partnership with Infosys, One Day HELOC™, and Better Insurance. Garg's recognition is attributed to his efforts in reshaping the mortgage and finance sector, making homeownership more accessible and efficient.

Positive

• Better Home & Finance raised $565 million in fresh capital after becoming a publicly listed company.
• Introduced innovative products such as Mortgage as a Service (MaaS) in collaboration with Infosys.
• Launched One Day HELOC™, offering approval decisions within 24 hours.
• Developed Better Insurance, a fully online homeowners insurance solution.
• CEO Vishal Garg received the 2024 Best of Finance award from Inman.

Negative

• No negative business aspects were addressed or highlighted in the PR.

The homeownership fintech’s founder and CEO was recognized for pushing the envelope as one of real estate’s best and brightest in the mortgage and finance space

NEW YORK--(BUSINESS WIRE)--

Better Home & Finance Holding Company (NASDAQ: BETR), the leading digital homeownership company and first fintech lender to achieve $100 billion in loans funded, today announced that Founder & Chief Executive Officer Vishal Garg has been named one of Inman’s 2024 Best of Finance awardees. According to Inman, recipients were selected by the editorial team as being “the real estate community’s best and brightest in the mortgage and finance space, and those pushing the envelope and reshaping homeownership.”

Within the past year, the mortgage lender has achieved many successes under Garg’s continued leadership: Better became a publicly listed company, unlocking approximately $565M of fresh capital; grew its robust suite of innovative homeownership products including Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labeled platform launched in collaboration with Infosys; launched One Day HELOC™, which provides approval decisions on a home equity line of credit within 24 hours of locking in a consumer’s rate; and innovated with the creation of Better Insurance, the first end-to-end, white labeled solution that allows customers to purchase homeowners insurance through a fully online experience.

“Since inception, our mission to make homeownership cheaper, faster, easier, and just plain better has catalyzed consumer-first solutions for one of life’s most important investments,” said Garg. “Over the past year, Better has vastly expanded its capacity to improve the home buying process. This recognition reflects our commitment to fixing the traditionally broken mortgage experience by reshaping homeownership for families across America.”

In addition to Inman’s 2024 Best of Finance Award, Garg has received numerous honors including E&Y Entrepreneur of the Year, Housing Wire’s Most Influential Mortgage Executive, and the Golden Pegleg Award for Outstanding Alumni from Stuyvesant High School.

About Better Home & Finance Holding Company

Since 2016, Better Home & Finance Holding Company (NASDAQ: BETR) has leveraged its industry-leading technology platform, Tinman™, to fund more than $100 billion in mortgage volume. 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. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans. Better launched its “One-Day Mortgage” program in January 2023, which allows eligible customers to “go from click to Commitment Letter” all within 24 hours. From 2019-2022, Better completed approximately $98 billion in mortgage volume and $39 billion in coverage written through its insurance arm, Better Cover. Better Mortgage was named Best Online Mortgage Lender by Forbes, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240617512031/en/

Media:

Nneka Etoniru

better@avenuez.com

Source: Better Home & Finance Holding Company

FAQ

What award did Vishal Garg receive in 2024?

Vishal Garg received Inman's 2024 Best of Finance award.

What is the stock symbol for Better Home & Finance Holding Company?

The stock symbol for Better Home & Finance Holding Company is BETR.

How much capital did Better Home & Finance raise after becoming a publicly listed company?

Better Home & Finance raised $565 million in fresh capital after becoming a publicly listed company.

What innovative products has Better Home & Finance introduced recently?

Better Home & Finance introduced Mortgage as a Service (MaaS), One Day HELOC™, and Better Insurance.

How fast can One Day HELOC™ provide approval decisions?

One Day HELOC™ can provide approval decisions within 24 hours.