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- Layoffs - better mortgage Hi all! As some of you may already know, Better mortgage is headed for another round of massive layoffs. I’m looking to get ahead of it. Really have loved working at a start up and in the finance industry and would like to continue that path. I am not on the tech side of things but more of the opera
- Better mortgage layoffs- looking forward to your support This is not how we all wanted things to end. However, it's all over news now and can't leave or continue this way. Every day feels like a struggle where you don't know what will happen to you or your friends whether you would be laid off or not. I am part of refinance team at Better Mortgage(as per
- link Who are the useless board members of better mortgage? https://www.crunchbase.com/organization/bettermortgage/people How are those people allowing this level of shitshow to happen?#tech #better
- vote Is mortgage agent a better career choice than Software/Data science ? Why or why not ? Pros & cons What's the average salary & potential ceiling as a mortgage agent ? Long term , which is better financially & stability wise
- Bay area housing is a bubble Buying a house right now, you would pay far more for mortgage interest and prop tax than for renting the exact same house and by that I mean paying a lot lot more. So a rational person would buy a home only because it might go up in value. So the utility of the house is that it goes up in value. Ot
- 30 year fixed vs 7/1 arm What is better choice, as of today with rates keep rising? mortgage with 30 year fixed or 7/1 arm? 30 year fix is 3.75 and 7/1arm rate is 3.12. Please share your thoughts. Need to decide soon. Bank: Bofa, Location: bay area TC:400K
- Can my tenant(friend) pay my mortgage once in couple of months? Is it legal? I live with close friend of mine in my home. We don't have any rental agreement. Is it legal for him to pay mortgage once every few months? Is it better to get a rental agreement and pay me directly every month? If he pays rent via rental agreement would that be taxed as income? If so, is there any
- Single and buying townhouse with low HOA Here’s my plan, wanted to run it by you guys. Single 27yo. Buying a townhouse in Seattle area (east side, probably Bothell, Mill Creek, Lynwood, Snohomish) for <$1M. Specifically looking for low HOA one, ideally detached/duplex. I don’t want to stay in Seattle area for long but still I’m gonna
- link Better, after firing 900 employees over Zoom, is laying off 3,000 more workers https://amp.cnn.com/cnn/2022/03/08/business/better-mortgage-layoffs/index.html
- link Better.com layoffs again? https://www.cnn.com/2022/03/08/business/better-mortgage-layoffs/index.html Any tech people impacted? Posting here to help out for referrals. #Better Tc 500k Yoe 15 #tech #Layoffs #better
- Divorce when mortgage is in one name WA Washington is a community property state. I fully understand that each spouse is entitled to half of the earned income that is accrued during marriage and I am very supportive of that. However what happens to the mortgage in the event of a divorce if only one spouse is on the mortgage but both are o
- vote Pay down mortgage or invest? I have ~$800k cash, outstanding house mortgage is $1.6M (10 ARM 2.75%). Is it better to pay down the mortgage or invest in stock market (VOO/VTI/QQQ)? TC: 500k YOE: 7
- vote Home value:PITI Ratio Homeowners, what is the ratio of your home’s value to your annual home payment (PITI). Obviously, the higher the ratio, the better. #mortgage #housing
- Has anyone used better.com? Any experience with them? They say they don’t have loan costs and their rates are much better than those from other banks. Any experience with them in terms of how easy closing was? #mortgage #housing
- Mortgage Rates Hello!! I have signed for a house, estimation completion is Aug or September. Today I saw an article about Mortagage rates Hike. This is my first time buying a house, can anyone suggest what would be expected mortgage rates going forward? Is it better to lock interest rates below 5% to 4.5% right
- Owning house is not much of a tax benefit any more ? My mortgage interest is under 14k. With cap on state tax and property tax of 10k for married filing jointly I am better off with standard deduction. Crunched numbers for filing sep , not worth it . Any one else in the same boat?
- vote Is it better to sell the house or rent it out? Moving soon but not in need of cash. Wondering if folks think it’s better to sell the current house and reinvest in something else or rent it out (assuming rent only breaks even with mortgage and tax to be conservative) Location is Washington state, 20 minutes driving to most major company offices
- Don't housing crash doomers understand %ages? I see a lot of posts about how market in city A is down some % and doomers talk about a crash But what they don't get it a 25% crash is maybe back to 18-24 months ago, and the people who could have bought then probably have even more saved now and get an even better deal. Also house buyers have pai
- vote Worst location for 🏡 I have to choose between 2 houses in Bay Area and which one to purchase. They are both new constructions. Wanted to see what folks think would a bad location. I’m sure there are other factors that determine a location but based of these choices, what do y’all think? Which house will be better? Hous
Better Mortgage
- Better Mortgage Layoff Referral Thread Better laid off 15% of its workforce today, including myself. 905 people out of work 3 weeks before the holidays.. There were a ton of very talented people laid off. Please post any job referrals you may have.
- Better Mortgage to Be Sold? Chris Whalen, chairman of Whalen Global Advisors, in email exchange with IMF said; “the mortgage company is still losing money and needs to restructure or sell pronto…Winter has come.” What will they do? Layoff more people I imagine. #better #bettermortgage #betterlayoffs #mortgagelayoffs @better
- “Better Mortgage” startup Wife has interview with this startup called “Better Mortgage”. Yes that’s the name of the company sigh. Any insights on how the company is? She is in non-tech field and works in mortgage area. She has interview scheduled. Any tips on how the interview will look like?
- Better Mortgage Sign-on bonus Does anyone know how Better Mortgage disperses sign-on bonus? Offered half upfront and the other half 6 months in. Is this normal? #compensation #signon #signonbonus #bettermortgage
- Better Mortgage: Seeking Referral Looking for a referral for Better Mortgage (better.com). Have ~8 years of experience. Non-technical roles. Background in investment banking, consulting, strategy & business operations. #referral #bettermortage #fintech
- link Just wanna say F U to Better Mortgage I feel for all those who got laid off, especially right before the holidays. I was laid off from my first job ever in the Valley, and just know that you will go through the 7 stages of greif (https://www.healthline.com/health/stages-of-grief). Take it in, feel the crappyness of it all, and just ke
- Better Mortgage (The startup) Pay Wanted to check the expected TC is like and if its worth interviewing for
- Better mortgage just screwed my closing Buying a new place. 20% down, good credit, well under what I qualified for, 45 day closing. Closing was today and Better just now decided to source my down payment. They spent 8 hours sourcing a simple 401k plus sale of prior house. Missed the wire cutoff so can’t close until Tuesday. Couldn’t even
- Better mortgage refinance rates? Got a rate 15 years 1.75% APR 2.0% Quicken Loans could not match it. Seems like they are doing good with the rates. Anyone used them before? Any hiccups? #personalfinance
- Should I join Better mortgage?? I’m on the fence about them. From what I’ve gathered on blind: - 10% engineering layoffs recently - did they have any criteria here? Did they make it about money and screw over people that might be vesting soon, etc? - Also general layoffs (not sure how they were handled) - Heard about someone tha