Better.com renews $175M warehouse facility on improved terms; reaffirms guidance

Better Home & Finance Holding Co

Amended $175M warehouse facility with lower cash deposit requirements, expanded leverage capacity, and higher advance rates on non-GSE loans.
Reaffirms guidance: monthly origination volumes >$1B by May 2026 vs ~$400M avg in Q3 2025.
Reaffirms expectation of achieving adjusted EBITDA profitability by end of Q3 2026.
CEO cites rapid adoption of Tinman AI platform through strategic partnerships.

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