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Borrowers are eager to tap into home equity — how can lenders meet the demand?

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HousingWire

American homeowners currently have more tappable home equity than ever and the increase means more borrowers are interested in tapping into that equity. These same borrowers are also expecting a digitally forward, transparent, and unified home equity lending experience.

At a time when origination costs have reached a new high, no one can afford more inefficiencies that further compress margins, especially in the home equity space. The way to overcome inefficiencies and mitigate margin compression is through automation.

Moderated by HousingWire’s Chief Operating Officer, Diego Sanchez, this onehour online event highlights the most current insights published in the MBA Home Equity Lending Study as well as bootsontheground lenders that are improving the ROI and reducing the risk of lowtonocost Home Equity transactions.

Presented by FirstClose, this content aired live on September 14th, 2023

posted by lunecilla96