Better's NEO Home Loans division has partnered with HighTechLending to offer the EquitySelect home equity line of credit product. The partnership expands access to HighTechLending's HELOC offering through Better's platform.
The EquitySelect HELOC specifically targets borrowers with strong credit profiles who face debt-to-income ratio limitations. This positioning suggests the product aims to serve borrowers who may have difficulty qualifying for traditional mortgage products despite having good credit scores.