Better Home & Finance (BETR) Registration Filing summary

Company overview and business model

• Operates a digital-first homeownership platform with AI-powered loan assistant, offering mortgage financing, real estate, title, and homeowners' insurance services in all 50 US states and the UK.

• Provides a range of loan products for home purchase, refinance, cash-out, debt consolidation, and home equity lines, plus non-mortgage services via partner networks.

• Classified as an emerging growth company and smaller reporting company, allowing for reduced disclosure and compliance requirements.

Financial performance and metrics

• Incorporates by reference its Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.

• Financial statements audited by Deloitte & Touche LLP.

Use of proceeds and capital allocation

• Net proceeds may be used for capital expenditures, debt repayment, working capital, repurchases, acquisitions, investments, or general corporate purposes.