Better Life Insurance Closing Costs Promotion Terms and Conditions

  1. Participation in this promotion is limited to individuals who apply for a mortgage loan through Better Mortgage (“Better Users”), who are the “insured” party for a life insurance policy that meets the requirements below, who provide proof of coverage to Better Mortgage (“Better”), and who then successfully close a mortgage loan from that account with Better. This offer cannot be applied to mortgage loans that have already locked.

  2. To be eligible for this promotion, Better Users must:
    (a) Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) purchasing or refinancing a primary residence located in a state where Better Mortgage is licensed to originate mortgage loans;
    (b) Be the “insured” party in a life insurance policy that is: a whole life insurance policy OR a term life insurance policy which has a remaining policy term equal to or greater than their Better mortgage loan term; and for a coverage amount equal to or greater than their Better mortgage loan amount.
    (c) Email [lifeinsurance@better.com] a policy document that validates the requirements listed in 2(b) and (c), before closing;
    (d) Successfully close a mortgage loan from that account with Better Mortgage.

  3. Upon qualifying for the $500 discount, Better Mortgage will include the discount in the final closing costs due at closing. Discount cannot be combined with any other promotions, discounts or offers. Discount can only be applied once per applicant.

  4. Offer is subject to all applicable state laws.

  5. 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.

  6. BETTER MORTGAGE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, PROMOTIONS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Mortgage rates and terms are subject to change at any time without notice and are subject to state restrictions. Better Mortgage Corporation, 3 World Trade Center, 175 Greenwich Street, 59th Floor, New York, NY 10007. Tel: 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)