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Better Home & Finance BETR Loan-related expense
Loan-related expense at other companies
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Where this comes from
Reported directly by Better Home & Finance in its filing.
Tagged under the XBRL concept us-gaap:LoanProcessingFee.
The source filing: Better Home & Finance’s 10-Q, filed August 11, 2026.
- Filed
- Aug 11, 2026, 4:35 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-055745
| (Amounts in thousands, except share and per share amounts) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| General and administrative | 10,327 | 10,501 | 19,275 | 21,278 |
| Technology | 8,771 | 6,407 | 17,132 | 13,056 |
| Marketing and advertising | 9,444 | 11,114 | 18,661 | 19,793 |
| Loan origination expense | 3,472 | 3,923 | 11,205 | 6,426 |
| Depreciation and amortization | 2,973 | 3,287 | 5,970 | 7,060 |
| Other expenses (income) | (462) | 1,890 | 4,959 | 2,772 |
| Total expenses | 86,104 | 74,955 | 184,517 | 152,110 |
| Loss before income tax expense | (31,402) | (32,270) | (82,318) | (78,097) |
Item 1. Financial Statements
FAQ
- What is Better Home & Finance's loan-related expense?
- Better Home & Finance (BETR) reported loan-related expense of $3.47M in Q2 2026.
- How has Better Home & Finance's loan-related expense changed year-over-year?
- Better Home & Finance's loan-related expense decreased by 11.5% year-over-year, from $3.92M to $3.47M.
- What is the long-term trend for Better Home & Finance's loan-related expense?
- Over 2 years (2023 to 2025), Better Home & Finance's loan-related expense has grown at a 23.7% compound annual growth rate (CAGR), from $9.48M to $14.5M.
- What does loan-related expense mean?
- This captures the direct costs associated with the origination, processing, and underwriting of mortgage loans. It includes third-party fees, appraisal costs, and credit reporting expenses directly tied to loan production volume. Monitoring this metric helps evaluate the operational efficiency and variable cost structure of the loan origination platform.
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