Housing Wire

NOVEMBER 1, 2024

According to Davis, rising home prices have led homeowners to tap into their equity for purposes such as debt consolidation , home renovation and student loan repayment. The Deephaven HELOC has a maximum loan size of $400,000 and a max loan-to-value (LTV) ratio of 85%.

Equity

Housing Wire

FEBRUARY 6, 2025

In addition to all of these challenges, economic factors outside of housing are making it harder for potential buyers to acquire qualifying mortgage loans. Most lenders focus on offering traditional mortgage loans to clients, choosing to shy away from unconventional options in the market. Finance a loan, and you may lose money.

Loans

Housing Wire

OCTOBER 24, 2024

But only about 17,000 delinquent loans completed the foreclosure process in the second quarter of 2024, almost one-third of the nearly 45,000 that completed the foreclosure process in Q1 2020. Often, the best available option for staying in the home is through a loan modification or some other type of repayment plan with the bank.

Bankruptcy

Housing Wire

APRIL 9, 2025

Replacing a front door with a new steel model saw a 100% cost recovery rate, while closet renovations (83%) and new fiberglass front doors (80%) also offered significant returns, according to estimates from remodeling professionals. In contrast, the projects with the strongest cost recovery were more modest in scale.

Renovation

Housing Wire

MAY 12, 2025

In this conversation, Davis breaks down the surge in demand for second liens, DSCR loans, and alternative income documentation and why originators who lean in now are setting themselves up for long-term success. Instead, these people are renovating or making improvements by tapping into their equity. Homes across the U.S

Loans

Housing Wire

JANUARY 22, 2025

Home renovation projects could bring a variety of safety and efficiency improvements to older construction, but anxiety is a key element keeping many homeowners from exploring renovation projects. Baby boomers led the way in this respect, with 60% of boomer respondents saying savings would be the primary funding source for renovations.

Renovation

Housing Wire

OCTOBER 23, 2024

On Wednesday, UWM unveiled a new cash-out refinance product —dubbed Cash-Out 90—that allows borrowers to refinance with a loan-to-value ratio of up to 89.99% without requiring mortgage insurance (MI). Loan amounts, however, cannot exceed conforming limits. UWM is simply taking a lower margin, effectively,” he added.

Equity

Housing Wire

JANUARY 30, 2025

We’re looking at product expansions and introducing products that we have or through our sister company Anchor Home Loans , which specializes in residential transition loans (RTLs). If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors.

New Construction

Housing Wire

FEBRUARY 20, 2025

Digital homeownership company Better.com on Thursday announced a record 400% growth in its home equity line of credit ( HELOC ) and home equity loan businesses. were considered “equity rich” in Q4 2024, meaning that the underlying mortgage debt did not exceed 50% of the home’s market value.

Equity

Housing Wire

JUNE 13, 2025

Private equity giant Blackstone conducted the Stearns Lending bankruptcy process after acquiring a majority stake in parent company Stearns Holdings in 2015. These lenders recorded an average net production income of $882 per loan (20 basis points). As a group, IMBs posted a net loss of $28 per loan in the same period. “If

Mortgages

Housing Wire

MAY 14, 2025

The company beat its estimates for funded loan volume, posted a profit and maintains a bullish outlook for the quarter ahead. The percentage of retail loans funded within the first 30 days of submission, for instance, doubled quarter over quarter.

Finance

The Mortgage Report

AUGUST 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? You can borrow based on the home’s expected value after renovations.

Renovation

The Mortgage Report

JUNE 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? The average borrower now sits on $302,000 in equity.

Equity

The Mortgage Report

JULY 4, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Home equity loans offer fixed rates and lump sums, good for planned expenses.

Equity

The Mortgage Report

JULY 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Can You Refinance a Home Equity Loan Without Refinancing Your Mortgage?

Equity

The Mortgage Report

JULY 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Check your home equity loan options. How Much Home Can I Afford?

Equity

Housing Wire

JUNE 4, 2025

As borrower expectations for personalized, timely communication rise, loan officers are turning to AI-powered tools to stay competitive. Loan officers realize margins are too tight to treat prospects as one-time deals. I recently spoke with a loan officer who said he was too busy to take on more business.

Industrial

HomeLight

APRIL 9, 2025

A bridge loan might be the solution youre looking for. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. Buy Before You Sell What is a bridge loan, in simple words? What are the benefits of a bridge loan in Las Vegas? Why Move Twice?

Equity

BAM Media

MAY 21, 2025

Three renovations earned a perfect 10: Primary bedroom suite addition This isnt just about square footage. Closet renovation At 83% cost recovery , this project adds functionality and can transform underused space into something more practical. Many homeowners are tapping into their equity to fund upgrades.

Renovation

The Close

NOVEMBER 25, 2024

Set Up Your House Flipping Business Operations Many believe flipping houses is just about buying, renovating, and selling. They usually find financing through hard money lenders or loans made just for flipping houses. The borrower qualifications are more lenient but with shorter loan terms and higher interest rates.

House Flipping

The Close

NOVEMBER 25, 2024

Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. Renovation costs: Depending on the property’s condition, you may need minor and/or significant renovations before renting it out.

Purchase and sale agreement

Marco Santarelli

APRIL 19, 2025

Maybe you're dreaming of lower monthly payments, paying off your home faster, or even tapping into your home equity for some much-needed renovations. The APR (Annual Percentage Rate) is a broader measure that includes the interest rate plus other fees associated with the loan, such as origination fees, points, and other closing costs.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles How To Set A Home Renovation Budget Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Renovation

The Mortgage Report

JUNE 13, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? FHA loans have more flexible credit guidelines than most conventional loans.

FHA loan

Redfin

MARCH 4, 2025

One of the benefits of homeownership is building equity – the amount of the home you actually own. Home equity can be used to help you buy a new home, make improvements to your house to increase its value, or pay off debts. So, how do you calculate how much home equity you have? How is home equity calculated?

Equity

Marco Santarelli

NOVEMBER 23, 2024

It involves buying a property, renovating it, renting it out, refinancing it to pull out equity, and repeating the process with the profits. How it works: Buy: Identify and purchase a property below market value, often one that requires some renovations or repairs.

Hard money loan

BAM Media

JUNE 4, 2025

homeowners tapped nearly $25 billion in home equity during Q1 2025the highest first-quarter volume since 2008 and a 22% increase year over year. Home equity reached a record $17.6 homeowners pulled nearly $25 billion in home equity through second-lien mortgages, marking the strongest first-quarter volume since 2008.

Equity

The Close

NOVEMBER 25, 2024

Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. During preforeclosure, homeowners have two main options: sell the property or pay off the outstanding loan balance. This is considered the early stages of a home going into foreclosure.

Hard money loan

The Close

APRIL 3, 2025

When you need to finance a house flip, you need a loan that offers a repayment term that fits your project timeline, can close quickly, and, of course, doesnt have unrealistic eligibility requirements. Unlike most types of fix and flip loans, it has no application fee, doesnt require an appraisal, and doesnt require income verification.

Loans

Marco Santarelli

DECEMBER 21, 2024

It can be about your financial goals and how a new loan structure can help you reach them. Switching loan terms: Perhaps you want to go from a 30-year mortgage to a 15-year mortgage to pay it off quicker. Switching loan terms: Perhaps you want to go from a 30-year mortgage to a 15-year mortgage to pay it off quicker.

Debt-to-income ratio

The Mortgage Report

JUNE 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? These aren’t small fluctuations.

FHA 203k rehab loan

Marco Santarelli

MARCH 15, 2025

Are you thinking about renovating your kitchen, paying off some high-interest debt, or maybe even funding a dream vacation? This makes borrowing against your home equity more affordable than it has been in quite some time. HELOC stands for Home Equity Line of Credit. Well, good news! Why the Buzz About Low Rates in 2025?

Equity

Redfin

JULY 21, 2025

A fixer-upper is a home in need of repairs, ranging from cosmetic updates to more significant renovations. This can mean a smaller down payment, freeing up some cash to put toward renovations. Potential for equity growth: Renovating a fixer-upper can boost home value over time.

Renovation

The Close

JUNE 9, 2025

House hacking is a real estate move where you live in a part of your home while renting out the rest, so your tenants help cover your mortgage while you build home equity. Build home equity faster: Tenants help you pay down the mortgage, so your investment grows over time. It’s the most straightforward hack (no renovation required!),

VA loan

Marco Santarelli

JANUARY 27, 2025

On January 27, 2025, today's mortgage rates have seen a notable drop across various loan types, making it a potentially cost-effective time for homebuyers and those looking to refinance. Jumbo loans, which are typically used for properties above the conforming loan limit, require a monthly payment of $670.01 per $100,000.

Mortgages

AAOA

APRIL 14, 2025

They impact your loan terms and monthly payments. Importance of a Sizable Down Payment A larger down payment for an apartment building can lead to better loan terms. Conventional loans often require 20-25% down for apartment buildings. Government-backed loans might have lower requirements.

FHA loan

The Mortgage Report

MAY 14, 2025

Avoid renovation regret. These 10 overrated home remodels have poor ROIplus smart alternatives that are worth your money.

Renovation