In the current lending landscape, high interest rates have led to decreased loan origination volumes across traditional mortgage products. However, the trillion-dollar home equity lending market presents a prime opportunity for lenders to expand their business. Since the fourth quarter of 2019, tappable equity has surged by $5.7 trillion, marking a 100% increase.
ICE’s new eBook, How to Grow a Successful Home Equity Lending Business, serves as a strategic guide for lenders looking to capitalize on this growing market. It provides insights into:
Additionally, the eBook highlights the advantages of home equity products over unsecured loans and credit cards. With lower interest rates, home equity loans can be a compelling option for borrowers seeking funds for renovations, debt consolidation, and other financial needs.
Download our free eBook to learn about the latest strategies and tools to expand your home equity lending business and drive business growth.