Better.com launched a streamlined FHA refinancing program without income verification or appraisal requirements. The program is completely digital and designed to simplify the refi process for qualified borrowers looking to lower their interest rate, shorten their loan terms, and change out of an ARM. The FHA Streamline Refinance is eligible for existing FHA loans that…
Better launched a fully digital zero-down VA loan program designed to expedite and simplify the buying process for veterans. Better Mortgage VA Loans offers home loans for up to 100% of the purchase price of a primary residence, with no down payment required. The company says they will be 40 bps cheaper than traditional VA…
Better.com announced a fully digital home equity line of credit (HELOC) offering, enabling homeowners to access cash through their equity completely online. Better says customers can be approved in twenty-four hours or less and close in as little as three days. The HELOCs are available for primary, secondary, and investment homes, with a maximum $500,000…
Just a few weeks after Better.com announced its One Day Mortgage product, Guaranteed Rate is trying to speed things up further with Same Day Mortgage. Same Day Mortgage promises a loan approval in less than 24 hours, which Guaranteed Rate calls an “industry first.” “Guaranteed Rate is known for revolutionizing the mortgage industry and making…
Better.com has launched a new product for employees with vested equity in their companies. The program, Equity Unlocker, is designed for potential buyers who work and have vested equity they cannot access. It is currently just available for Amazon employees in Florida, New York, and Washington state, but Better is planning to extend it to…
Better.com is starting 2023 with a product leaders there think will revolutionize the industry: a mortgage application with a one-day turnaround. Better announced the launch of its One Day Mortgage in a press release. The company says its customers can get pre-approved, lock in a rate, and get a Mortgage Commitment Letter completely online and…
Multiple new executives have joined Better.com to bolster its leadership team and forge long-term growth, the company announced in a press release. Better’s biggest pulls are Sushil Sharma as Chief Growth Officer, the first for the company, and Steve Riddell as Head of Sales. Sharma is an industry veteran with two decades of experience in…
Good Morning! Today is Monday, April 11. Pittsburgh Steelers quarterback Dwayne Haskins was killed by a dump truck while trying to cross a highway on foot in South Florida. Biden will announce a new firearm regulation Monday meant to contain the use of privately made weapons. Elon Musk has decided not to join the board of…
Better.com is losing another C-suite executive in the wake of its controversial layoffs. Chief Technology Officer Diane Yu is stepping back into an advisory role, TechCrunch reported after obtaining an internal memo circulated at the company. The memo states that the move gives Yu “more flexibility to spend more time with her family and additional…
Good Morning! Today is Thursday, January 20. President Biden suggested he would break up his climate and social spending bill to improve the chances of passage. Senate Democrats failed to alter the filibuster to pass voting legislation, with Joe Manchin and Kyrsten Sinema voting with Republicans. Starbucks rescinded its vaccination requirement after the Supreme Court struck…
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