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Amazon is letting employees use their stock to finance home purchases and even second homes



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Amazon has struck a deal with embattled online mortgage lender Better.com to offer up a new benefit to employees.
Better.com is launching Equity Unlocker, a program that allows employees to use their vested equity as collateral for a down payment when trying to buy homes. Amazon employees in Florida, New York and Washington State will be the first to try the tool. Unique about the program, according to Better.com, is that employees will have the ability to finance their homes without actually selling their shares, only needing to pledge vested equity.
Even former Amazon employees with vested equity can use the service, according to Better.com, and there are many, following Amazon’s companywide layoffs. Current and e …

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