Better.com moves into Rhode Island

PROVIDENCE – One of the fastest-growing, online mortgage companies has expanded its territory to include the Ocean State.

Better.com, which offers a commission-free model, has funded $3 billion in home loans since its inception in 2016.

The New York-based company is now active in 36 states, which account for 80% of U.S. mortgage volume.

It is backed by financing from Ally, Citigroup, Goldman Sachs and American Express Ventures, among others.

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Mary MacDonald is a staff writer for the PBN. Contact her at macdonald@pbn.com.