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Better Home & Finance BETR Loan-related expense

Loan-related expense at other companies

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PennyMac Financial Services, Inc.PFSI
$79.7M+80.7%
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$498K+286%
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$895K+49.4%
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Ponce Financial Group, Inc.PDLB
$121K-68.8%
Customers Bancorp logo
Customers BancorpCUBI
$3.86M-16.7%

Segments

By segment

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Home Finance$14.5M+47.0%
Banking$0

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:LoanProcessingFee.

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 loan-related expense?
Better Home & Finance (BETR) reported loan-related expense of $7.73M in Q1 2026.
How has Better Home & Finance's loan-related expense changed year-over-year?
Better Home & Finance's loan-related expense increased by 208.9% year-over-year, from $2.5M to $7.73M.
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.