“Better has built an AI-native and end-to-end mortgage origination platform to add value to the definition of homeownership by delivering home-equity decisions in as little as a day,” Vishal Garg, CEO and founder of Better.com, said in a statement.
“Our HELOC borrowers are lowering their required monthly payments by about $1,000 on average; that’s real relief for household budgets. Putting cash back into the hands of homeowners has never been better, faster, and easier than it is with our One Day HELOC.”
In an interview with HousingWire, Better president and chief operating officer Chad Smith said that HELOCs feel like “the right product for the right time.”
“At a high level, you know, this product’s been…