Better Mortgage Affiliated Businesses
Better Mortgage Corporation has a business relationship with affiliated businesses. Each of these businesses may refer you to the services of another and are wholly owned by Better Home & Finance Holding Company, Inc., either directly or through one or more subsidiaries. Because of these relationships, the referral of a customer by any of the Affiliated Companies to another may provide the referring company, its affiliates and/or their employees with a financial or other benefit. You are not required to use any of these service providers as a condition of the purchase, sale or refinance of the subject property or to obtain access to any settlement service.
Better Real Estate, LLC dba BRE, Better Home Services, BRE Services, LLC and Better Real Estate
Licensed Real Estate Brokerage
Corporate Headquarters
325-41 Chestnut Street, Suite 807
Philadelphia, PA 19106
Affiliated Mortgage Lender Discount Terms & Conditions
Better Cover, LLC
Pennsylvania Resident Producer Agency
License# 881593
325-41 Chestnut Street, Suite 807
Philadelphia, PA 19106
Better Settlement Services, LLC
325-41 Chestnut Street, Suite 807
Philadelphia, PA 19106
Better Inspect, LLC
53 Beach Street, 3rd Floor
New York, NY 10013
Affiliated Business Arrangement Disclosure
This is to give you notice that Better Mortgage Corporation, Better Inspect, LLC, Better Settlement Services, LLC, Better Cover, LLC and Better Real Estate, LLC are part of a family of companies (the "Affiliated Companies"), and each may refer you to the services of another. All companies are wholly owned by Better Holdco, Inc., either directly or through one or more subsidiaries. Because of these relationships, the referral of a customer (including you) by any of the Affiliated Companies to another may provide the referring company, its affiliates, and/or their employees with a financial or other benefit. Set forth below is the estimated charge or range of charges for each of the services listed. You are NOT required to use any of these service providers as a condition for settlement of your loan on or the purchase, sale or refinance of the subject property or to obtain access to any settlement service.
THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
Service Provider | Service Provided | Charge or Range of Charges |
---|---|---|
Better Real Estate, LLC | Relocation Services | 0%-3% of the home sales price |
Buyer Advance | • 2.5% of the home sales price for customers who do not fund their mortgage loan with Better Mortgage Corporation | |
• Rental costs, applicable HOA fees and property taxes | ||
Better Cover, LLC | Property and Casualty Insurance Services | 5%-15% of annual property and casualty insurance premium |
Better Settlement Services, LLC | Title Insurance and Settlement Services | $1000 - $2000 (varies by loan amount and type) |
Better Inspect, LLC | Home Inspection Services | $350 - $400 |
Better Mortgage Corporation | Loan Origination | 0% - 0.5% of mortgage loan amount |
Discount Points | -5% - 2.5% of mortgage loan amount | |
Appraisal | $0 - $1415 (if required) | |
Credit Report | $25 - $50 | |
Flood Certification | $14 |