Better Launches Fully Digital HELOC Product

Better Launches Fully Digital HELOC Product

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…

Bank of America: 81% Of Mortgage Applications Initiated Through Digital Tool
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Bank of America: 81% Of Mortgage Applications Initiated Through Digital Tool

By KIMBERLEY HAAS Leaders at Bank of America say home loan applications initiated through their Digital Mortgage Experience accounted for 81% of total mortgage applications in 2021. That is up from 45% in 2020. Last year, Bank of America funded $53.7 billion in first mortgage loans through the Digital Mortgage Experience, 2.5 times their 2020…

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