Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Better.com Announces Launch of FHA Streamline Refinance Product

Better Mortgage offers FHA Streamline Refinancing with no income verification or appraisal requirements for faster processing

Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading digital homeownership company, today announced the launch of its FHA Streamline Refinance program. This fully digital refinance option is designed to streamline the process for qualified borrowers with an existing Federal Housing Administration (FHA) loan interested in lowering their monthly mortgage payment, reducing their interest rate, shortening their loan term, or getting out of an adjustable-rate mortgage.

FHA loans, backed by the Federal Housing Administration, are specifically designed to assist borrowers who may not qualify for conventional loans due to lower credit scores, limited credit history, or higher debt-to-income and loan-to-value ratios. With potential interest rate reductions on the horizon, the FHA Streamline program empowers FHA borrowers to refinance their mortgage and take advantage of more favorable interest rate terms with ease by reducing underwriting requirements for income verifications and appraisals.

“As we look ahead with optimism to a more favorable interest rate environment, we are enabling hardworking homeowners – each with their own unique path to upward financial mobility – to capitalize on advantageous loan terms with greater ease and convenience,” said Vishal Garg, CEO & Founder of Better.com. “With this launch, we are reducing the traditional barriers that exist for FHA borrowers and delivering flexible financing solutions at a timely moment for consumers across the country.”

With several fully digital mortgage products announced in 2024 including Better Mortgage’s One Day HELOC ™, Home Equity Loans, and VA Loans, today’s launch strengthens the company’s growing suite of homeownership solutions and its continued commitment to building consumer-oriented products across market cycles. To apply, please visit Better.com.

*Eligibility for the FHA Streamline Refinance program requires that the existing FHA loan is current, and insured, and the property is a primary residence that is not listed for sale. All qualifications will adhere to HUD’s guidelines.

About Better Home & Finance Holding Company

Since 2017, Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) has leveraged its industry-leading technology platform, Tinman™, to fund more than $100 billion in mortgage volume. Tinman™ allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates and close their loan in as little as three weeks. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans. Better launched its "One Day Mortgage" program in January 2023, which allows eligible customers to go from click to Commitment Letter within 24 hours. Better was named Best Online Mortgage Lender by Forbes and Best Mortgage Lender for Affordability by WSJ in 2023, ranked #1 on LinkedIn’s Top Startups List for 2021 and 2020, #1 on Fortune’s Best Small and Medium Workplaces in New York, #15 on CNBC’s Disruptor 50 2020 list, and was listed on Forbes FinTech 50 for 2020. Better serves customers in all 50 US states and the United Kingdom.

For more information, follow @betterdotcom.

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