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Finance of America Partners with Better.com to Expand Home Equity Offerings Through AI-Powered Tinman Platform
Finance of America Reverse LLC (“Finance of America”), a leading provider of home...
About this update from Betterlife Pharma Inc.
[{"type":"text","content":"Finance of America Partners with Better.com to Expand Home Equity Offerings Through AI-Powered Tinman Platform\n\n\n .bwlistdisc { list-style-type: disc }\n \n\n\n\n\n Finance of America Reverse LLC\n \n (“Finance of America”), a leading provider of home equity-based retirement solutions, today announced a strategic partnership with\n \n Better Home & Finance Holding Company\n \n (NASDAQ: BETR) (“Better.com”) to launch\n \n Home Equity Lines of Credit (HELOCs)\n \n and\n \n Home Equity Loans (HELOANs)\n \n through Better’s proprietary\n \n Tinman AI Platform\n \n .\n \n\n This collaboration marks the first time Finance of America will offer these home equity products, expanding its mission to empower homeowners 55 and older to unlock home equity for a modern retirement.\n \n\n\n Empowering Homeowners Through AI Innovation\n \n\n\n “Finance of America has always led the way in home equity innovation to help homeowners over 55 reach the full potential of their retirement,” said\n \n Kristen Sieffert, President of Finance of America\n \n . “Our partnership with Better allows us to expand beyond reverse mortgages, giving our customers even more ways to access their equity, now with the speed, scale, and intelligence of AI technology.”\n \n\n By integrating Better’s Tinman AI Platform, Finance of America customers will gain\n \n 24/7 access to a fully digital, AI-powered application and approval process\n \n , with many loans eligible for\n \n funding in just days\n \n .\n \n\n The platform’s native AI and machine learning capabilities will streamline everything from rate discovery to underwriting and closing, creating a seamless, efficient, and transparent HELOC and HELOAN borrowing experience.\n \n\n\n Expanding Finance of America’s Home Equity Suite\n \n\n\n Through the partnership, Finance of America will:\n \n\n\n\n Instantly offer and originate\n \n HELOCs and HELOANs without new infrastructure, thanks to Tinman’s plug-and-play AI technology.\n \n\n\n\n\n Deliver dynamic rate and fee optimization\n \n\n ,\n \n giving customers competitive HELOC and HELOAN options in real time.\n \n\n\n\n\n Simplify and accelerate operations\n \n by using Tinman’s machine learning for efficient second-lien origination.\n \n\n\n\n\n Deploy a cust...