Fast-Track HELOC Approval: Better Mortgage's One Day Solution Transforms Home Equity Access

American homeowners dealing with major expenses—whether home renovations, debt consolidation, or education funding—often face lengthy approval processes that delay their plans. Better Mortgage just changed that game with the launch of One Day HELOC, delivering underwriting approval within 24 hours for qualified customers.

How One Day HELOC Works

The streamlined process is designed for speed. Customers who complete their application requirements within 4 hours of locking their rate receive an approval decision within 24 hours. This represents a significant shift from traditional home equity lines of credit, which typically require weeks of processing.

“Speed, convenience and flexibility is at the top of their priority list when they’re ready to tap into the home equity they’ve worked so hard to build,” said Vishal Garg, CEO of Better. “One Day HELOC streamlines the process, providing customers with financial flexibility like never before.”

Why This Matters for Homeowners

Home equity access typically forces borrowers to choose between personal loans (which close faster but carry higher rates) and traditional HELOCs (which offer lower rates but move slowly). One Day HELOC bridges that gap—delivering the speed of personal loans combined with the competitive interest rates homeowners expect from equity-based products.

The product addresses a real pain point. Whether customers need funds for property improvements, children’s college tuition, or other major life events, waiting weeks isn’t practical when opportunities are time-sensitive.

Better’s Track Record in Speed

This launch builds on Better Mortgage’s successful One Day Mortgage program, which delivers commitment letters to homebuyers within 24 hours. The company has already earned credibility in the digital homeownership space: Better has funded over $100 billion in home financing since launch, completed more than $4.6 billion in real estate transaction volume through its realtor service, and written over $38 billion in insurance coverage.

One Day HELOC represents another step in Better’s mission to make homeownership financing more accessible and efficient for American consumers.

Note: Qualified customers must provide required financial documentation within 4 hours of rate lock to receive underwriting determination within 24 hours. Final approval remains subject to fraud checks, anti-money laundering verification, and other customary pre-closing requirements.