Housing Wire

OCTOBER 24, 2024

The rest are saving their equity with us by either selling to us or allowing us to list.” But the magnitude of the discount for some buyer segments, coupled with an analysis of subsequent resales (flips), points to possible equity stripping in some cases. Most of the homeowners don’t qualify for refinancing. “I I give them everything.

Bankruptcy 421

Bankruptcy Equity Hard money loan Finance 421

Housing Wire

SEPTEMBER 17, 2024

Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. The San Francisco -based Unison calls its new offering the Equity Sharing Home Loan. home equity by the end of this year.

Equity 431

Equity Loans Debt-to-income ratio Renovation 431

Housing Wire

JULY 29, 2024

Home equity lending in 2023 grew by only 1.5% The data includes total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans. Home equity originations were relatively flat in 2023 compared to 2022,” Walsh said in a statement. billion per company in 2023, compared with $2.1

Equity 418

Equity Lending Loans Renovation 418

Housing Wire

OCTOBER 10, 2024

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells. The Renovation Sells platform focuses on design and construction, while the loans come from HouseAmp.

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Renovation Finance Equity Technology 409

Housing Wire

APRIL 27, 2021

In the past 12 months, housing markets across the country have seen a heavy influx of new homebuyers as well as existing owners looking to renovate or add square footage. “Nearly half — 46% — said that building equity is now more important than ever. Presented by: Citi.

Equity 473

Equity Banks Lending Renovation 473

Housing Wire

NOVEMBER 10, 2023

While the current climate may be causing existing-home sales and inventory to fall, it’s driving renewed interest in home equity options. And that offers an incredible opportunity for banks and non-banks alike to improve their digital channels to better support home equity lending.

Lending 448

Lending Equity Banks Loans 448

Housing Wire

FEBRUARY 13, 2024

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. homeowners with outstanding mortgages, or some 63% of all homes, equity tied up in real estate jumped by 6.8%

Equity 387

Equity Renovation Loans Mortgages 387

Housing Wire

JANUARY 22, 2025

Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. The $15 million investment announced Wednesday from private equity firm LL Funds will help Evernest build a home services platform focused on rental property owners.

Property Management 378

Property Management Investor Lending Renovation 378

Housing Wire

OCTOBER 23, 2024

Cash-out refis have gained popularity due to record-high home equity levels in recent years. By offering higher LTVs without charging mortgage insurance, UWM aims to attract more borrowers, including those who need to consolidate student and medical debt or renovate their homes, for example. How much will borrowers pay?

Equity 421

Equity Loans Mortgages Loan Officer 421

Housing Wire

JANUARY 4, 2024

While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs. “If you could use your home equity to make your life better — to buy hearing aids, for example — maybe that’s a good investment.” ” Molinsky told NextAvenue.

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Equity Renovation Lending Finance 403

Housing Wire

AUGUST 1, 2022

Rocket Mortgage , the nation’s largest lender, is expanding its product portfolio to home equity loans amid a significant slowdown in mortgage origination volume. Rocket is targeting American homeowners with high household debt and credit card balances but strong home equity positions. . ” U.S. ” U.S.

Equity 384

Equity Loans Lending Banks 384

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 281

Equity Investor Lending Renovation 281

Keeping Current Matters

OCTOBER 13, 2021

If you’re a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The difference in the cost of a renovation versus a purchase. The great news is that the money you need probably already exists in your current home in the form of equity.

Renovation 330

Renovation Equity Mortgages Design 330

Housing Wire

MARCH 11, 2025

This is according to a new survey from Point , a company that specializes in home equity investments. [O]lder If the home doesnt already cater to senior living needs, then affordability challenges with renovations are an issue to overcome. But older homeowners are also sitting on a repository of home equity. Census Bureau.

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Equity Renovation As-is 258

Housing Wire

AUGUST 22, 2022

Mortgage startup NFTYDoor plans to launch a home equity platform, promising borrowers “a one-minute online application and funding in as little as three days.” He’s entering a bright space: home equity products have become more popular given the surging value of homes used as collateral. Presented by: ServiceLink.

Equity 370

Equity MLS Renovation Loans 370

Housing Wire

MARCH 5, 2025

More renovations? While most of Shank’s book of business is tied to VA loans, he says he’s seeing an uptick in renovation loans across FHA and VA channels. So now that rates are dropping, a renovation loan will be in the 7% range. Certain geographic areas have higher shares of government loans.

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Loan Officer Loans VA loan FHA loan 266

Keeping Current Matters

DECEMBER 17, 2020

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: S. increase in equity over last year.

Equity 327

Equity Renovation Mortgages Marketing 327

Housing Wire

JANUARY 30, 2025

To close the conversation, Davis explores Deephaven’s focus on home equity and new construction products in 2025. Diego: Why the push into home equity ? So, people are gonna have to tap into their equity for renovations, debt consolidation and better cash flow. That’s where the growth is at.

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New Construction Construction Marketing Investor 291

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. They are saying, ‘Tell me what’s working, how can I stand a program up so I can capture some of this [home-equity] business.”

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

Housing Wire

MAY 12, 2025

From your perspective, what (big picture) conditions are driving demand for closed-end second loans, home equity loans and HELOCs right now? Instead, these people are renovating or making improvements by tapping into their equity. Instead, these people are renovating or making improvements by tapping into their equity.

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Loans Investor Renovation Equity 291

Housing Wire

FEBRUARY 6, 2025

If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. These loans go up to $2.5

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Loans Mortgages Equity Construction 301

Housing Wire

MAY 22, 2025

It offers home renovation assistance designed to improve safety, accessibility, and functionality for older adults within their own homes, reducing the need for relocation to nursing homes or assisted living facilities. This program helps keep them in their homes, so they can live with dignity and remain independent. Its a win-win.

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Due diligence Renovation Design Equity 305

Housing Wire

JULY 8, 2022

Despite the growing appetite for SFR investments, institutional equity ownership in the overall SFR market today is still estimated at only around 2%,” a market insight report from MetLife Investment Management (MIM) states. Private equity, single-family rentals and America’s neighborhoods.”. homes since its founding in 2012.

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Equity Residential Investor As-is 410

Housing Wire

FEBRUARY 27, 2025

A well-written property description also allows you to highlight aspects of the home that would not otherwise be readily available via MLS, such as a newly renovated kitchen or a brand-new septic system. Its your chance to emotionally connect with the buyers and create the desire for them to come see the home in person.

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Renovation Agents MLS Equity 354

Lighter Side of Real Estate

JUNE 6, 2025

Renovating a home can be an adventure. For some, it’s a thrilling opportunity to reimagine their space and build instant equity. For others, it’s the start of a multi-month saga involving uncontrollable delays, budget explosions, and a fine layer of drywall dust that may linger until your next renovation project.

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Renovation Equity Construction Design 108

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs).

FHA loan 368

FHA loan Renovation Equity Loans 368

Inman

APRIL 1, 2025

Revive has used its findings in the presale renovation space to produce an extensive white paper that dedicates its pages to proving the value of updating a home before selling it.

Renovation 148

Renovation Agents Equity Sales 148

Housing Wire

FEBRUARY 3, 2023

And now, with the impact of inflation and looming economic uncertainty, home equity lines of credit (HELOCs) are an increasingly popular choice for those who are considering tapping into their home’s rising equity while protecting their existing, low mortgage rates. So, it’s imperative to speak with a lender.

Renovation 384

Renovation Fixed-rate mortgage Equity Finance 384

Housing Wire

SEPTEMBER 4, 2024

Guild Mortgage announced on Wednesday the introduction of a new product line called the “ Flex Payment Mortgage ,” which includes Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgages ( HECMs ), refinances, proprietary jumbo options and HECM for Purchase (H4P) loans.

Mortgages 420

Mortgages Equity Loans Principal 420

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

Renovation 410

Renovation Equity Mortgages Development 410

Housing Wire

DECEMBER 1, 2022

Austin fintech startup Hitch has rolled out a HELOC platform to help homeowners tap into more than $100 billion in government grants available for home renovation. Established at the start of 2022, Hitch will give qualified owners access to up to 90% of the equity locked in their homes, the company said Thursday.

Equity 441

Equity Renovation Banks Loans 441

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6 trillion year over year. “At

Equity 432

Equity Lending Fixed-rate mortgage Loans 432

Housing Wire

MAY 14, 2025

Our goal is to create ads that highlight relatable use cases that dismantle stereotypes and show reverse mortgages as a smart tool for responsible financial planning, whether it’s funding or renovation , covering unexpected expenses or simply enabling peace of mind.

Finance 253

Finance Branding Renovation Loans 253

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 111

Renovation Equity Finance Agents 111

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. In addition to non-QM and home equity loans, renovation loans are playing a growing role. This is not our first rodeo,” Stearns said in an interview with HousingWire.

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Mortgages Lending Purchase and sale agreement Bankruptcy 218

Housing Wire

JULY 27, 2022

PunchListUSA has now raised more than $49 million in equity capital since its inception in 2018. . Sweetwater Private Equity and Morpheus Ventures led the latest funding round with additional investors including Home Depot Ventures , Second Century Ventures and Palm Drive Capital.

Inspection 384

Inspection Renovation Equity Investor 384

Housing Wire

MAY 3, 2022

As people look for alternate means to access the equity in their homes, home equity lines of credit (HELOCs) are poised to make a comeback. Here’s why: Homeowners will still want to use the record levels of equity in their homes. According to CNBC, homeowner equity is an aggregate $9.9 A HELOC is now cheaper than a refi.

Equity 397

Equity Fixed-rate mortgage Principal Mortgages 397