Understand home equity lending and how lenders can acquire home equity customers
Clear Capital
APRIL 1, 2024
If a borrower owns a home valued at $500,000 and they owe $250,000 on their mortgage, they can refinance with a $300,000 mortgage and take the $50,000 difference in cash. What can customers do with home equity loans? Cash-out refinances are commonly used to secure lower interest rates or different loan terms.
36 
Let's personalize your content