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Fortune
Fortune
Chloe Taylor

Amazon staff can now use their stock options as down payments when they buy a home

An employee works at an Amazon delivery station (Credit: PHIL NIJHUIS/ANP/AFP via Getty Images)

Amazon staff might be getting paid less thanks to the company’s tumbling stock prices – but a new employee benefit program means holding shares in the tech giant might help them get onto the property ladder.

This week, digital mortgage provider Better.com unveiled the “Equity Unlocker” – a scheme crafted to allow Amazon employees to use their vested stock as collateral when buying a home.

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