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How LOs, mortgage execs are preparing for 2024

Housing Wire

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. If they want to know what’s going on with rates, their loan, AI can give them an answer.

Mortgage 442
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Understand home equity lending and how lenders can acquire home equity customers

Clear Capital

As home prices appreciate and homeowners make mortgage payments over time, the share of the home that they own grows — this is home equity. Home equity lenders provide an option for their clients to convert their growing equity back into debt for cash. Determine tappable home equity for your existing customers.

Lending 36
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Does Refinancing Affect Your Taxes?

Assurance Financial

Home improvements: With a cash-out refinance, you can finally tackle those home improvements. No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. Make a Capital Home Improvement.