As a result of the great recession, homeowners are staying in homes about twice as long as the historical average and building substantial equity as a result. In the last year, they have begun to tap that equity for home improvements, presenting lenders with a significant opportunity. How can lenders capitalize on this trend to offer much-needed home equity financing? This white paper explains how choosing valuation solutions using a “waterfall” approach that factors in loan risk can improve efficiency and save money.
To download the full white paper, visit the HW Knowledge Center