Home Equity

California credit union adds HELOC and fixed-rate second-mortgage options as lenders compete for homeowners unwilling to refinance low-rate first mortgages

The next competitive advantage in lending is home equity. Sustainable growth requires tools purpose-built specifically for home equity

Texas version caps loans at $500,000, requires 680 credit scores, and excludes the company’s mortgage-payoff option

The integration reflects lenders’ growing push to originate second liens within mortgage divisions rather than separate consumer-lending operations

Median reported equity ranged from $130,000 to $425,000, giving loan originators a state-level view of borrowers’ potential second-lien capacity

The next competitive advantage in lending is home equity. Sustainable growth requires tools purpose-built specifically for home equity.

The company expects to begin purchasing fixed-rate HELOCs from correspondent lenders during the third quarter

The proposed all-stock combination would unite Beeline’s mortgage, Non-QM, and title operations with a platform that lets homeowners sell fractional equity instead of taking out another loan

Portfolio Intelligence tracks changes in borrowers’ liabilities after closing, helping lenders identify potential home equity and debt-consolidation business

The HELOC-backed Visa connects revolving credit with contractor financing and rewards, but carries rates above the national average