Better Mortgage Expands Coinbase Partnership with HELOC Rebate Offer

The fintech company Better Mortgage has expanded its partnership with Coinbase by offering a lender-funded rebate to eligible borrowers for their home equity line of credit (HELOC). The rebate, equal to 1% of the approved HELOC amount, up to $10,000, is funded by Better and appears on the borrower's closing disclosure.

The expansion, which launched on August 12, 2026, extends an existing partnership between the two companies. According to the Federal Reserve Bank of New York, outstanding U.S. HELOC balances reached $459 billion in the second quarter of 2026, marking the 17th consecutive quarterly increase.

Better's HELOC originations grew 45% quarter-over-quarter and 23% year-over-year to $294 million in the second quarter of 2026, accounting for 18% of the company's total loan volume. This partnership is about building lasting relationships with Coinbase One members, not serving them for a single transaction, said Daniel Lewis, CEO of Better.