Here's what to expect during the home equity loan underwriting process
If you need to borrow cash, taking out a home equity loan is one of the most affordable ways to do it. Rates on these loans ...
Clear Capital’s Appraisal Underwriting Risk Analyzer, AURA, now Available Through ICE Mortgage Technology’s Encompass Platform
AURA is the latest addition to the suite of Clear Capital valuation tools available through Encompass Partner Connect API ...
Do you need an appraisal for a home equity loan?
It is possible to secure a home equity loan without an appraisal, although it may be more difficult to find. And in today's high-value real estate climate, borrowers may be better served by completing ...
National Mortgage News15d
Decade-old Rocket appraisal suit kicked to lower court
An appeals court reversed a previous decision that found Rocket Mortgage guilty of interfering with the appraisal process more than a decade ago. The prior determination had resulted in awarding class ...
National Mortgage News3d
Rocket Companies news: rebranding, suits and more
As a market leader, Rocket Companies rebranding comes in the foreground of several court battles and fluctuating earnings ...
Do you have to pay home equity loan closing costs? Yes — here's what to expect.
Home equity loan closing costs are typically 2% to 5% of your loan amount, though there are ways to pay less up-front. Learn ...
AOL8d
The truth about no-appraisal home equity loans: What borrowers need to know
drive-by-appraisals and AVMs — based on the loan's risk level, with higher-risk loans more likely to require a full in-person, physical inspection. While they make the process faster and cheaper ...