Knox Financial has teamed up with Better Mortgage to help customers save time and money on investment property financing.
The fintech company for property investors is joining forces with Better’s fully digital homeownership platform which company leaders say can help clients save $1,000 on closing costs when securing a mortgage or refinancing through Better Mortgage.
“People who want to refinance a home they’re moving out of to afford the down payment on the next one, or take out a mortgage to purchase an investment property, are often faced with an incredibly time-consuming and frustrating process,” Knox Financial CEO David Friedman said in a press release. “Our partnership with Better will give our clients access to a digital-first lender that can instantly provide them with financing options to help their investments perform.”
Joey Staniford, head of financial services partnerships at Better, said the company was founded “on the belief that, through making the process of purchasing and financing homes simpler, faster and more accessible, we could help millions of aspiring homeowners build wealth through homeownership.”
According to Staniford, the partnership will allow Knox Financial clients access to the company’s market-leading mortgage application process which features fast pre-approval, no commissions or fees, faster closes, highly competitive rates and 24/7 support.