Lock Between 24 - 48 Hours of Completing an Application Promotion Terms and Conditions

10/06/2017

Better Mortgage is conducting a pre-launch test of the impact of offering a $500 Lender Credit to Better.com users who lock their rate between twenty-four (24) and forty-eight (48) hours of completing a refinance application or a purchase application with an accepted offer on a property located in one of the states in which Better Mortgage originates loans. This is a limited-time test promotion, running from October 18, 2017 - December 31, 2017 and only available to a randomly selected group of applicants.

To qualify, randomly selected purchase loan applicants must request a rate lock between twenty-four (24) and forty-eight (48) hours of notifying Better Mortgage that their offer has been accepted by uploading the fully signed sales contract to their Better.com account. Participating refinance loan applicants must request a rate lock between twenty-four (24) and forty-eight (48) hours of completing an application on the Better Mortgage platform. See full Terms and Conditions below. Have questions or concerns? Email support@better.com.


Better Mortgage/Lock Between 24 - 48 Hours of Completing an Application Promotion Terms and Conditions

(1) Participation in this promotion is limited to a randomly selected group of Better Mortgage purchase and refinance customers who have completed a refinance application or a purchase application with an accepted offer on a property located in one of the states in which Better Mortgage originates loans, but have not yet locked their rate;

(2) To take advantage of this promotion, randomly selected Better.com purchase applicants must:
      (a) Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) purchasing a primary residence located in a state where Better Mortgage is licensed to originate mortgage loans; and
      (b) Complete each of the following:
            (i) An application for a purchase mortgage loan on the Better Mortgage platform;
            (ii) Upload a fully executed sales contract on the property to her account on our platform;
            (iii) Request a rate lock on better.com between twenty-four (24) and forty-eight (48) hours of uploading the fully executed sales contract; and
            (iv) Meet each requirement of our underwriting, appraisal and funding processes and close the loan on the property identified in the contract with Better Mortgage.

(3) To take advantage of this promotion, randomly selected Better.com mortgage refinance applicants must:
      (a) Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) refinancing a primary residence located in a state where Better Mortgage is licensed to originate mortgage loans; and
      (b) Complete each of the following:
            (i) An application to refinance a mortgage loan on the Better Mortgage platform;
            (ii) Request a rate lock on better.com between twenty-four (24) and forty-eight (48) hours of completing the application; and
            (iii) Meet each requirement of our underwriting, appraisal and funding processes and close the loan on the identified property with Better Mortgage.

(4) Upon qualifying for the $500 lender credit, Better Mortgage will revise and redisclose user’s Loan Estimate to reflect the lender credit.

(5) Successful completion of the application, underwriting and appraisal and loan funding processes are subject to Better Mortgage’s credit, property and closing eligibility criteria in Better Mortgage’s sole discretion.

(6) Offer is only available once per funded purchase mortgage loan. Refinancing borrowers may only take advantage of this offer once every three years on the same property.

(7) Offer cannot be combined with other Better Mortgage promotions and is subject to all applicable state laws.

(8) Better Mortgage is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580.

(9) BETTER MORTGAGE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, PROMOTIONS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. Better Mortgage Corporation, 459 Broadway FL 5, New York, NY 10013 888-501-3186, Fax: 408-946-0112, is licensed by the Department of Business Oversight under the California Finance Lender Law License No.6052748 , NMLS # 330511. (www.nmlsconsumeraccess.org)