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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. We can classify an AVM as either marketing-grade or lending-grade.

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Outdoor Renovations: Think Outside the Box

PennyMac

Creating additional living spaces to the exterior of your home will entice homebuyers to picture spending warmer months outdoors.” — Than Merrill. Luxury Portfolio , and is an expert on the luxury industry, real estate marketing, and luxury consumer targeting. Contact a PennyMac Loan Officer to explore your choices.

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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.

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Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. Couple this with the improved job market and an upswing in home values, and you have a tidal wave of homeowners willing to invest in fixer-upper dwellings.

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All You Need to Know About Reverse Mortgage Appraisals

AmeriMac

The reverse mortgage process typically begins with a borrower contacting a loan officer who specializes in reverse mortgages. The loan officer will assess the homeowner’s eligibility and explain the details of the loan, including the potential loan amount and repayment terms.

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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.