Better Home renews $175M warehouse facility on improved terms; reaffirms volume & EBITDA guidance

Better Home & Finance Holding Co

Renewed $175M warehouse facility with reduced cash deposits, expanded leverage, and higher advance rates on non-GSE loans.
Reaffirmed monthly origination volume guidance: >$1B by May 2026, up from ~$400M avg in Q3 2025.
Reaffirmed adjusted EBITDA profitability by end of Q3 2026.
Facility improvements reduce equity capital requirements; first of multiple capital-light initiatives.
CEO highlights Tinman AI driving partnership channel growth comparable to 10-year-old DTC channel.

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