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Boosts VA jumbo loan limit to $4 million.
Virginia-based startup's platform goes live in 2 states & District of Columbia, with plans to go nationwide by end of 2023.
ATTOM and Black Knight both report that home equity shot up parallel with soaring home values.
Potential homebuyers can use the Home Swap interest-free home-equity advance to increase their down payment and lower their mortgage rates.
Program offers 10- or 20-year terms with fixed rates.
U.S. homeowners age 62 and older hold more than $10.6 trillion in housing wealth.
