#mortgage-originations

#mortgage-originations

Better also reaffirmed guidance it first disclosed in November 2025, saying it expects monthly origination volumes to exceed $1 billion by May 2026. That would represent an increase of more than 100% from the company's average monthly origination volume of about $400 million for the quarter ended Sept. 30, 2025. The company reiterated its expectation of achieving adjusted EBITDA profitability by the end of the third quarter of 2026.

If fully sold, the new offering could enable the company to scale originations from $500 million to as much as $2 billion per month. In Q2 2025, Better originated an average of $400 million per month, up from $290 million in Q1. Under the deals, Better will provide mortgage financing to a top-five personal financial services platform.

JPMorgan Chase's mortgage originations surged to $13.5 billion in Q2 2025, marking a 44% increase from Q1 and a 26% year-over-year rise.