Better launches mortgage-as-a-service platform

Mortgage company Better.com is introducing a mortgage-as-a-service platform.

The white-labelled digital mortgage solution includes a variety of features such as point of sale, pricing, underwriting, loan origination, closing, funding and investor sale.

The new platform will help banks and credit unions provide their customers “seamless digital mortgage and home equity loan experiences.”

The company partnered with Infosys to launch the platform.

“Infosys is a global leader in lending and mortgages. Through our AI-driven operations, we help clients originate loans at significantly lower costs than the industry average. Infosys and Better offer Mortgage as a Service that will allow us to bring to our clients integrated operations and technology with significant productivity benefits.” – Dennis Gada, EVP and global head – Financial Services, Infosys.

“In a market saturated with legacy products that inhibit digital transformation and lead to great inefficiencies and high costs, Infosys and Better offer increased multi-fold mortgage originations at unprecedented speed.” – Vishal Garg, CEO & Founder of Better.