July 16th, 2018
Equity, equity, equity. According to Black Knight, Americans have loads of it. $5.8 trillion in tappable equity, to be exact. However, in the first quarter of 2018, Americans only used 1.17% of it, meaning they need educated advisors to talk through the benefits of tapping into home equity for things like investments, debt consolidation, college tuition, etc. Build options around your borrowers' equity potential and show them opportunities nobody else will.