Better Home & Finance Holding Co. has launched its FHA streamline refinance program aimed at helping qualified FHA borrowers lower their mortgage payments without income verification.
Vishal Garg, CEO of Better.com, stated that this program reduces traditional barriers for FHA borrowers, providing flexible financing solutions at a crucial time for consumers.
The FHA streamline refinance allows borrowers to refinance without checking income and by minimizing underwriting requirements, addressing the needs of FHA borrowers.
Despite posting a net loss in Q2 2024, Better.com saw a significant increase in loan origination volume, projecting over $1 billion in funded loans for Q3.
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