Better Home & Finance: A Potential 100-Bagger According to Hedge Fund Manager Eric Jackson

Better Home & Finance, a digitally native homeownership company, has seen funded loan volume rise 25% to $1.2 billion in Q2 and overall revenue increase 37% to $44.1 million. The company makes money by originating mortgages and selling them to investors, potentially benefiting from falling interest rates. Founder Eric Jackson has called the stock a potential 350-bagger in two years, comparing it to Opendoor Technologies, which has seen significant growth despite being unprofitable.

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) reported its second-quarter 2025 financial results, showcasing robust growth despite a challenging macroeconomic backdrop. The company's funded loan volume surged 25% to $1.2 billion, while overall revenue increased 37% to $44.1 million Better Home & Finance Holding Company Announces First Quarter 2025 Results^[1].

The quarter's performance was driven by several strategic initiatives, including the expansion of the Tinman AI platform and the integration of Betsy™, the first AI loan assistant for the US mortgage industry. These advancements have significantly improved operational efficiency and customer experience, contributing to the company's growth.

Better's CEO, Vishal Garg, noted, "Our continued technological advancements and strategic scaling of AI across the enterprise have propelled strong year-over-year growth in Q2, especially in light of the challenging macroeconomic conditions."

The company's focus on technology efficiency, diversified distribution channels, and optimized marketing has enabled it to manage growth expenses while maintaining corporate cost reductions. This balanced approach has positioned Better to drive further growth and profitability in the midterm.

Better's CFO, Kevin Ryan, added, "We remain committed to driving operating leverage through continued investments in efficiency, corporate cost management, and diversifying our distribution channels. This strategy is essential for managing towards profitability in the midterm."

The company's Q2 results demonstrate its ability to navigate economic headwinds and maintain growth momentum. As interest rates continue to fall, Better is well-positioned to benefit from increased mortgage origination volumes and potentially higher revenue.