#helocs

[ follow ]
fromwww.housingwire.com
1 week ago

HomeLight survey: Loan officers report surge in debt consolidation HELOCs

Debt consolidation has emerged as the dominant driver of home equity borrowing and a key theme that loan officers reported 81% of loan officers told HomeLight that they've seen a spike in homeowners borrowing against their equity, with 29% qualifying this as a significant increase and 52% calling it a slight increase. In 2025, 87% of loan officers told HomeLight that debt consolidation was the main reason borrowers accessed their equity through home equity lines of credit (HELOCs).
Real estate
fromwww.housingwire.com
1 week ago

CrossCountry Mortgage secures $1B for non-QM expansion

The expansion adds products including residential transition loans, construction and builder financing, multifamily lending, home equity lines of credit (HELOCs) and second-lien strategies. The investments will flow through CrossCountry Capital (CCC), a subsidiary launched in 2022 that currently manages $7 billion in loans. CCC's nonagency securitization program has attracted more than 50 institutional investors. Ron Leonhardt, who founded the Ohio-based CCM in 2003, said the asset management arm supports the company's origination business by allowing it to capitalize on the current market environment.
Real estate
fromSFGATE
4 weeks ago

Will Fed's Rate Cut Encourage Homeowners To Tap HELOCs? What To Know

Fed Chair Jerome Powell hinted at potential rate cuts in September, which could lead to an increase in home renovation spending rather than a surge in home sales due to persistently high mortgage rates. The focus shifts to Home Equity Lines of Credit as they are influenced more directly by short-term rates and could see reduced costs, allowing homeowners to tap their equity for long-delayed renovations and improvements.
Remodel
Real estate
fromSFGATE
3 months ago

A Million Dollars in Equity: What To Know About Taxes, HELOCs, and Your True Resale Value

The complexity of accessing home equity reveals risks beyond its perceived benefits.
LA real estate
fromwww.housingwire.com
4 months ago

Competition for HELOC business heats up as home equity grows

Homeowners with low mortgage rates limit home sales, but HELOCs present a significant opportunity for lenders.
The equity among homeowners can lead to increased HELOC origination opportunities.
[ Load more ]