Tagged: HELOC

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

Consumer loan marketplace volume reached $4.3 billion as Figure Connect drove more production off the company’s balance sheet and helped lift adjusted margins to a record 55%

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

Home equity and purchase lending lifted production economics, while management characterized its relaunched wholesale channel as a supporting business rather than a major growth engine

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

Equity products accounted for more than one-quarter of 2025 mortgage transactions in four states as rate-locked borrowers avoided refinancing or moving

EquitySelect expansion targets older, equity-rich borrowers who struggle to qualify under traditional debt-to-income requirements

The brokerage’s investment-property credit line offers up to $1 million and permits qualification with a DSCR as low as 0.75

New product promises closing in as few as five business days as lenders continue to build equity-lending options for rate-locked homeowners