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Better Home & Finance BETR Loans held for sale

Loans held for sale at other companies

UWM Holdings logo
UWM HoldingsUWMC
$10.83B+31.1%
Kearny Financial logo
Kearny FinancialKRNY
$12.18M+96.9%
FS Bancorp, Inc. logo
FS Bancorp, Inc.FSBW
$56.28M+81.3%
Hanmi Financial logo
Hanmi FinancialHAFC
$4.93M-58.3%
Northrim BanCorp logo
Northrim BanCorpNRIM
$81.18M-49.1%
Rocket Companies logo
Rocket CompaniesRKT

Other financials

Income statement

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Revenue$47.5M+51.6%
Operating income-$56.6M+55.0%
Net income-$70.3M-39.1%
EPS (diluted)-$4.29-28.8%

Balance sheet

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Cash & equivalents$73.7M-36.9%
Total debt$4.4M-41.3%
Total equity$8.6M+108%
Total assets$1.6B+56.1%

Cash flow

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Operating cash flow-$125.2M-119%
CapEx$378.0K+87.1%
Free cash flow-$125.6M-119%

Valuation

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Market cap$482.69M+142%
Enterprise value$413.4M+360%
P/S2.7×+1.0×

Profitability

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Operating margin-343.9%
Net margin-103.2%-30.0pp
FCF margin-133.4%-50.3pp

Returns & leverage

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Return on equity-875.5%-1,394pp
Debt / equity0.5×
Current ratio0.1×+0.1×

Where this comes from

Reported directly by Better Home & Finance in its filing.

Tagged under the XBRL concept us-gaap:MortgagesHeldForSaleFairValueDisclosure.

The official record: Better Home & Finance’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Better Home & Finance's loans held for sale?
Better Home & Finance (BETR) reported loans held for sale of $563.04M in Q1 2026.
How has Better Home & Finance's loans held for sale changed year-over-year?
Better Home & Finance's loans held for sale increased by 36.3% year-over-year, from $413.03M to $563.04M.
What is the long-term trend for Better Home & Finance's loans held for sale?
Over 3 years (2022 to 2025), Better Home & Finance's loans held for sale has grown at a 23.3% compound annual growth rate (CAGR), from $248.83M to $466.68M.
What does loans held for sale mean?
Originated mortgage loans intended for sale into the secondary market, carried at fair value or lower of cost/market.