Better.com has introduced a new loan product to boost affordability for veterans and active service members. The VA Interest Rate Reduction Refinance Loan (VA IRRRL) is a streamlined refinancing solution for eligible veterans, active-duty service members, and surviving spouses. “At Better.com, we are committed to honoring veterans for their service. The addition of VA IRRRL…
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 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…
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 Starbucks rescinded its vaccination requirement after the Supreme Court struck…
Good Morning! Today is Monday, December 13. At least 90 people are dead after tornadoes leveled 250 miles across six states. Stock buybacks hit a record $234.5 billion in Q3 as companies responded to pandemic hardship. Chris Wallace is leaving Fox News to join CNN. And in mortgage and housing news… Reality Check: There will be more…
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