Tag Archives: HELOC

Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

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Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Continue reading →

New American Funding referring homeowners to EasyKnock

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The independent mortgage lender is now sending homeowners who are interested in converting their home equity into cash over to EasyKnock to explore a sale-leaseback. Continue reading →

Splitero’s $11.7M Series A takes aims at HELOC market

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San Diego-based Splitero has secured more than $1 billion in total financing to back its model, which offers cash payments, or Home Equity Investments (HEI), to homeowners of up to $500,000 without income or credit score requirements and no monthly pay… Continue reading →

LoanDepot accelerating layoffs, exiting wholesale business

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The lender plans to boost revenue by growing purchase loan business and loan servicing portfolio, with digital HELOC also in the works, according to a second-quarter earnings call. Continue reading →

Shared equity platform Point enters Nevada, Ohio as part of larger plan

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Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors. Continue reading →

The cheapest way for clients to tap into new home equity

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There are many ways to access the equity in your home, but they’re not all the same. Count on author and coach Bernice Ross for the most innovative strategies available to tap into all of that newfound wealth. Continue reading →

JP Morgan Chase temporarily terminates HELOC loan offering

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Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on “existing customers.” Continue reading →

Patch Homes co-founder Sahil Gupta on how the finance industry can better serve homeowners

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Ahead of ICNY 2020, Sahil Gupta shares his views on the complexity of Americans’ financial lives and what the banking industry needs to do to catch up. Continue reading →

Patch Homes, another cash-for-equity startup, clinches funding

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With an additional $5 million in financing, Patch Homes is among a growing list of startups that let homeowners sell an equity stake in their home for cash. Continue reading →