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

Clear Capital

Home equity lending is a hot topic, with homeowners boasting near-record amounts of equity. Mordor Intelligence estimates that as of 2024, the home equity lending market size is estimated at nearly $31 billion, and is expected to grow to $36 billion by 2029. What is home equity lending?

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Mortgage Term Glossary

Assurance Financial

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Downloadable Guides. Click here to download the file. Mortgage Insurance.

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How to Get a Mortgage Loan

Assurance Financial

To make the process of saving easy, set up an automatic transfer from your checking account to a designated savings account. It’s a conventional mortgage that’s above the lending limits set by FreddieMac and FannieMae. If you’re looking to buy a large, expensive home, you might need a jumbo loan to do it.

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How to Find the Right Mortgage Loan for You

Assurance Financial

When shopping for a home, it’s just as important to make a list of things you’d like from your mortgage — including the length of the loan, the interest rate and the repayment terms. Some home loans are designed for people who meet specific criteria, and others for people who might not qualify for another type of loan.