More than half have researched debt consolidation, while 42% are considering tapping home equity to pay down card balances
Tagged: second mortgage
California credit union adds HELOC and fixed-rate second-mortgage options as lenders compete for homeowners unwilling to refinance low-rate first mortgages
Angel Oak panel points to past clients, trapped equity, and harder-to-finance properties as overlooked sources of production
Median reported equity ranged from $130,000 to $425,000, giving loan originators a state-level view of borrowers’ potential second-lien capacity
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
More than half of first-quarter equity withdrawals came through HELOCs and second liens, according to ICE Mortgage Monitor
RCLCO's 2025 Vacation Home Investment Survey spots growing demand for lower-cost units
How originators can capture growth beyond the agencies.
With new mortgage closing cost credit program, Rocket hopes to help renters get into their own homes