Nearly 50% of mortgaged residential properties in the nation are equity-rich.
Home Equity
Urban Institute report finds home equity lines of credit increased 46.9% from January to May vs. same period last year.
Program offers 10- or 20-year terms with fixed rates.
Education needed for clients on benefits of HELOCs
How to sort through the myriad of cash-out products for clients in a rising rate environment
Explorer Equity program offers flexible guidelines and expanded credit parameters for borrowers who may not otherwise qualify.
FHFA, policy experts, and journalists join NAR-Urban Institute discussion on accessibility and affordability challenges.
Constellation Mortgage Solutions Inc. announced the acquisition of ReverseVision, Inc., a home equity conversion mortgage and private reverse mortgage sales origination software company.
These gains come after the U.S. housing market concluded one of its best years in the past decade.
For seniors who still have a mortgage, 40% are looking to use the equity they’ve built to eliminate their monthly payment.