Short answer: Almost certainly not. The Wall Street Journal was out with a piece this morning, which describes a new product from mortgage lender Better.com that will allow Amazon employees to use their personal holdings of Amazon shares/RSUs as collateral for home purchases. If you’re an Amazon employee, should you consider kicking the tires on this new product if you are looking to buy a home? It’s pretty simple: I really don’t think you should do that. Despite the stock being down. Despite this crazy housing market. Despite interest rates skyrocketing. Let’s take a look at some of the reasons to not to use your Amazon stock or RSUs as collateral for a mortgage: Here’s why you should consider using …
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