Question · Q3 2025
Frankie Cicero asked how AI efficiencies contribute to increased revenue per funded loan through enhanced sales and operational performance, and what types of incumbent solutions Better Home & Finance replaces in its partnerships.
Answer
Vishal Garg, Founder and CEO of Better Home & Finance Holding Company, explained that Betsy (AI) improves responsiveness, allowing for less competitive pricing and higher gain on sale, while reducing the need for additional staffing as volume grows. This automation of processing, underwriting, and closing leads to higher revenue per loan and lower expenses. He stated that Better generally replaces the incumbent Loan Origination System (LOS) and often replaces the Point of Sale (POS), pricing engine, CRM, document generation engine, notary/closing engine, and warehouse software, potentially replacing 8-10 different systems.
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