ElevenLabs and Better.com Demonstrate AI Loan Agent Betsy™ Success in Mortgage Automation
INDUSTRIAL IOT
ElevenLabs highlighted Better.com's implementation of the AI loan agent Betsy™ to automate mortgage conversations, resulting in significant cost savings and improved borrower experiences. The use of AI voice automation has led to a 41% reduction in average cost to originate and a 100% increase in lead-to-lock conversion expected in 2025.
Better.com shifted to a modular pipeline combining speech-to-text and large language models for better performance. The system's architecture ensures compliance while managing nearly 100,000 borrower interactions monthly, enhancing operational efficiency and competitive rates.

Feb 26, 2026, 9:52 PM