Sunday, November 27, 2022 | The Latest Buzz for the Appraisal Industry

loanDepot Opens New Digital Home Equity Line of Credit for Customers

loanDepot Inc. has unveiled a digital home equity line of credit (HELOC). Using a sophisticated technology platform enabled by digital tools and data, this new solution gives homeowners an option for addressing inflation and rising consumer debt with a level of digital ease, convenience and speed to funding not currently available through traditional HELOC products.

The hallmarks of the loanDepot Digital HELOC are digital simplicity and speed, with a timeframe from application to closing