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Finastra flexibly supports Home Equity Lines of Credit (HELOCs)
Given the stickiness of long-term interest rates and their slowing impact on first mortgage loans, HELOCs are expected to drive mortgage lending growth in 2025. Finastra's MortgagebotLOS solution suite flexibly supports underwriting and closing of both first mortgage and HELOC loans to help drive your portfolio growth no matter the interest rate environment.
Home equity lines of credit represent one of the best ways for homeowners to finance home improvements and non-real estate purchases. With record amounts of equity available to homeowners, HELOCs are attractive because of their flexibility, competitive cost, and potential tax advantages.
Learn how Finastra can help you build your HELOC portfolio efficienttly and profitably.
