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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?

Lending 36
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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

Download the infographic here. Spring home sales should be speedier. NAR’s recent Existing Home Sales report showed that pre-spring home sales were up 23.7 Increasing prices also indicate increasing home values, allowing a seller to tap into thousands of dollars in equity gains.

Sellers 66
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Important Mortgage Acronyms

Assurance Financial

A lender particularly doesn’t want to lend more than a borrower can repay, as the lender risks losing a significant sum of money. Downloadable Guides. Click here to download the file. Click here to download the file. TILA (Truth in Lending Act). ATR (Ability to Repay). First-Time Homebuyer Guide.

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SFR with ADU or Two Units?

Appraisal Today

Some appraisers, a true minority, have been able to transition to private, non-mortgage-lending appraisal work, but that’s not as easy as some advocate. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. Risk to Home Values.