Better Mortgage Launches One Day HELOC™: Offers Fast Solution to Home Equity Access for Customers
18 März 2024 - 2:00PM
Business Wire
One Day HELOC grants customers approval*
decisions in just 24 hours to offer fast and convenient solutions
for American homeowners to access home equity
Better Home & Finance Holding Company (NASDAQ: BETR), a
leading digital homeownership company, today announced the launch
of One Day HELOC (Home Equity Line of Credit) which will provide
approval* decisions to consumers within 24 hours of locking their
rate.
Speed matters when it comes to customers accessing funds from
their home equity — especially as they look to renovate their
properties, consolidate debt, or fund a major expense. One-Day
HELOC will offer the speed and convenience that customers get from
personal loans typically at a lower interest rate.
Building on the success of the One Day Mortgage™, program, which
has made it possible for homebuyers to receive a Commitment Letter
from Better Mortgage within a 24-hour turnaround time, One Day
HELOC will give homeowners who complete their tasks within 4 hours
of locking their HELOC rate an approval* decision within 24
hours.
“Whether our customers are interested in investing money into
their home with renovations or they want to pay for their
children's college tuition at a lower rate than most personal
loans, we understand their need to access home equity,” said Vishal
Garg, CEO of Better “Speed, convenience and flexibility is at the
top of their priority list when they’re ready to tap into the home
equity they’ve worked so hard to build. One Day HELOC streamlines
the process for customers, providing them with financial
flexibility and convenience like never before.”
In today’s fast-paced world, accessing home equity shouldn't be
a cumbersome process. The One Day HELOC will empower its customers
with the financial tools they need to seize opportunities and
achieve their homeownership goals with optimum efficiency. To
apply, please visit https://better.com/heloc.
*Better Mortgage’s One Day HELOC promotion offers qualified
customers who provide certain required financial
information/documentation to Better Mortgage within 4 hours of
locking a rate on a HELOC loan the opportunity to receive an
underwriting determination from Better Mortgage within 24 hours of
their rate lock. The underwriting determination is subject to
customary terms, including fraud and anti-money laundering checks,
that take place pre-closing and which may trigger additional
required documentation from the customer. Better Mortgage does not
guarantee that initial underwriting approval will result in final
underwriting approval. See One Day Heloc Terms and Conditions.
About Better:
Better is a leading online home finance, insurance, and realty
company. In just six years since launch, Better has leveraged
Tinman™, its industry-leading technology platform, to fund more
than $100 billion in home financing. In addition to being the first
fintech to reach this milestone, Better has completed over $4.6
billion in real estate transaction volume through its realtor
service Better Real Estate and agent network, as well as over $38
billion in coverage written through its insurance arm, Better Cover
and Settlement Services. Better has earned countless awards for its
work in making homeownership more affordable and accessible to all
Americans. Better was ranked #1 on LinkedIn’s Top Startups List for
2021 and 2020, #1 on Fortune’s Best Small and Medium Workplaces in
New York, #15 on CNBC’s Disruptor 50 2020 list, and was listed on
Forbes FinTech 50 for 2020. For more information, follow
@betterdotcom.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240318960311/en/
Nneka Etoniru better@bevelpr.com
Better Home and Finance (NASDAQ:BETR)
Historical Stock Chart
Von Okt 2024 bis Nov 2024
Better Home and Finance (NASDAQ:BETR)
Historical Stock Chart
Von Nov 2023 bis Nov 2024