Plenty of businesses have avoided wading into the debate about masks and vaccinations. Not "fintech" mortgage lender Neat Capital.
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Hello, LOs!
Plenty of businesses have avoided wading into the debate about masks and vaccinations.
Not "fintech" mortgage lender Neat Capital.
The company, based in Colorado, is offering vaccinated individuals a $500 discount on closing costs on both purchase and refi applications. Borrowers can present a digital or electronic picture of their vaccination record to qualify. Neat is also making a lender credit available to unvaccinated borrowers who "attest" that they are unable to be vaccinated due to health status or religious reasons. Neat says they'll "ensure access to the vaccine for free" for individuals who wish to be vaccinated but haven't yet been able to receive it.
"We believe Neat is the first financial services company to offer a substantial $500 discount to our applicants who have received a Covid-19 vaccine," said Luke Johnson, CEO of Neat Capital. "Mortgage lenders need to have important conversations with their clients about the home-buying process and their vaccine status as it relates to employment. This is partly due to responsible companies requiring employees be vaccinated to keep workplaces safe, and employment status is critical when trying to fund a home loan."
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