And amazon has a new way to help its employees by a house.
The tech and e commerce giant is teaming
up with online mortgage lender better Dot com
so that amazon staff can get money for a
down payment on a house without selling their shares.
Amazon shares right now, if you look on your screen, you can see what the prices,
it's going up a little bit. You know, here's how the program works.
Employees can use the equity they hold an amazon as collateral for mortgage.
The home buyers rate and loan terms will be
locked at the time of the home appraisal Better says
the interest rate will likely be significantly lower than
the average for a 30 year fixed rate.
Good news for them,
which you know that rate is climbing right now,
both current and former employees can tap into this program.
It's a veil,
it's available for staff based in new york florida and Washington state.
Amazon told cheddar news that the benefits program
supports its mission to help employees financial,
mental and physical wellness.