Tag: Home Equity Line of Credit
-
The Deed Holder’s Ace in the Hole: Home Equity in an Emergency
Deed holders are racking up debt these days. Fuel, electricity, and food all cost more. And don’t get us started on insurance premiums and property taxes. All it takes is one surprise—a tree falling on a roof or a broken pipe—to push a hardworking person over the financial edge. But the cash-strapped deed holder might…
-
Owning a Home Just Got More Useful. AI Speeds Up HELOC Lending
At the year’s end, it’s fun to pick out the best innovations to appear during the past 12 months. What about the role of artificial intelligence in home lending? More people might take out home equity lines of credit (HELOCs) to put their home equity to work — if only it weren’t such a drawn-out…
