LEI 549300XY701IELCE5Q08 · New York, NY

Better Mortgage Corporation

Originated-loan volume lands in the upper fleet tercile (5,450 funded) among 18,219 reported applications in the 2024 HMDA Snapshot.

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Originated-volume tercile vs fleet

Better Mortgage Corporation funded 5,450 mortgages, upper fleet tercile (above ~310 originations), ranking #184 of 4,908 by originated-loan volume but #1012 of 1,076 lenders with 1,000+ applications on origination share (29.9%). Easy Street Capital LLC leads that origination-share board at 100.0% on 1,937 applications.

#1012
Origination-share rank of 1,076
29.9%
Origination share
5,450
Originated
11.3%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.

Where Better Mortgage Corporation sits by reported originations

2024 CFPB HMDA reporting lenders, bucketed by originated-loan count

5,450 Top 4% higher than 96% of 4,908 reporting lenders

This lender 0 400,000 reporting lenders, grouped by originated loans

Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year

Loan types by applications · Better Mortgage Corporation

Application volume by HMDA loan type in this lender's 2024 book.

Loan mix
1. Conventional16K2. FHA2K3. VA148
0%100%29.9%
Origination share · Better Mortgage Corporation

Cited denial reasons · Better Mortgage Corporation

Lender-reported HMDA denial-reason counts (top reasons shown).

Denial mix
1. Debt-to-income ratio7842. Credit application incomp…3603. Credit history2794. Collateral2725. Other2366. Employment history667. Insufficient cash588. Unverifiable information55

High-volume book. Better Mortgage Corporation funded 5,450 mortgages, above the fleet upper tercile (~310 originations) - so absolute denial and purpose counts matter more here than at thin reporters. Most-cited denial codes: Debt-to-income ratio, Credit application incomplete, Credit history. Program weight concentrates in Conventional (15,859 applications).

How to read Better Mortgage Corporation. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.

Avg Interest Rate: 6.655% Avg Applicant Income: $37,000

Lending activity by loan program · Better Mortgage Corporation

Better Mortgage Corporation filed most under Conventional. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.

Type Applications Originated Denied Avg Loan
Conventional 15,859 4,999 1,472 $400,834
FHA 2,212 407 566 $377,866
VA 148 44 28 $426,351

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Better Mortgage Corporation (LEI: 549300XY701IELCE5Q08) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Why borrowers applied

Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.

Purpose Applications Originated Avg Loan
Home Purchase 13,355 4,192 $425,845
Refinancing 1,690 451 $449,580
Cash-out Refinancing 1,635 317 $341,771
Other 1,539 490 $162,459

Reported outcomes by applicant race

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 5,616 39.8% 12.8%
Asian 2,571 34.1% 9.2%
Black or African American 823 26.5% 23.6%
Joint 356 45.8% 10.7%
American Indian or Alaska Native 83 24.1% 21.7%
2 or more minority races * 36 25.0% 19.4%
Native Hawaiian or Other Pacific Islander * 28 17.9% 14.3%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Reported outcomes by applicant ethnicity

Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 8,140 37.3% 12.3%
Hispanic or Latino 1,161 32.6% 16.6%
Joint 351 47.3% 10.8%

Nearby Lenders in NY

Other HMDA-reporting lenders in NY with similar activity. Compare any two side-by-side.

One of 193 other HMDA-reporting lenders in NY, 5 are shown here.

Nationwide lenders with similar profiles

Two HMDA peer sets for Better Mortgage Corporation, both outside NY so the neighborhoods are not state containment (the Nearby list above stays in-state). Peers are drawn from lenders with ≥1,000 applications, the same floor used on approval and denial rankings.

Read with Better Mortgage Corporation

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 for Better Mortgage Corporation (LEI 549300XY701IELCE5Q08).

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Informational only, not mortgage advice for applicants at Better Mortgage Corporation.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Better Mortgage Corporation page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.