DIA475.35+3.14 0.67%
SPX6,875.16+83.47 1.23%
IXIC23,637.46+432.59 1.86%

Finance of America, Better Home & Finance Collaborate To Launch Home Equity Lines of Credit, Home Equity Loans Through Tinman AI Platform

Benzinga·10/14/2025 12:13:16
Listen to the news

NEW YORK--(BUSINESS WIRE)-- Better Home & Finance Holding Company (NASDAQ: BETR) ("Better.com"), the AI-native home finance company, today announced that Finance of America Reverse LLC ("Finance of America", "FOA"), an industry-leading reverse mortgage lender and provider of home equity-based financing solutions for a modern retirement, will begin to offer home equity lines of credit (HELOC) and home equity loans (HELOAN) for the first time through Better.com's proprietary Tinman® AI Platform.

Through this partnership, Finance of America will offer its customer base access to the Tinman® AI platform which will offer 24/7 access to a fully digital application and approval process that can facilitate closing and funding of Better's home equity products in just a few days. Finance of America will also become Better's origination partner for reverse mortgages, including traditional HECM reverse mortgages and FOA's industry leading proprietary offering, the HomeSafe™ product suite, expanding Better's home equity platform to include first and second lien reverse mortgage options for homeowners 55+.

Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
Language

English

©2025 Webull Securities Limited. All rights reserved.