Open Ended HELOC Servicing Launched By Loan Care

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In: Home Equity News

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Mortgage subservicer LoanCare has announced that it is now offering a Home Open Mortgage Loan Limit (HELOC) to lenders nationwide. The Virginia Beach-based company provides loans to all 50 states and is part of Fidelity National Financial, a leading providerContinue Reading

Use HELOC For Home Improvements Instead Of Cash Out And Change Mortgage Interest Rate

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In: Home Equity News

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Last updated on June 3rd, 2022 at 08:53 amWith the expansion of in-home estimations and financing costs, numerous homeowners are tracking down themselves as “house rich, cash poor,” meaning they have greater equity in the worth of their home thanContinue Reading

Challenges Faced By Borrowers To Get A HELOC On An Investment Home

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In: Home Equity News

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The middle cost of a solitary family home in the U.S. in February 2022 was $363,800, a 15.5% leap from February 2021, as per the National Association of Realtors.  This expansion in home costs the nation over, prodded by lowContinue Reading