Stewart In The Studio E09 - Home Equity - Reduce Costs and Speed Time To Close with Proven Strategies

Unlock the secrets to reducing costs and speeding up the closing process for home equity loans in the April episode of Stuart in the Studio! This month, we're joined by industry veterans Rich Kugler and Rich Shackelford—also known as Kug's and Shack—who share their expert insights on navigating the current market landscape. With rising interest rates making traditional refinancing less appealing, home equity loans and lines of credit are gaining traction. Learn how consumer banks, credit unions, and IMBs are adapting by refining their fulfillment and underwriting processes to enhance profitability.

From innovative appraisal methods to strategic title verifications, Kug's and Shack unpack a variety of approaches that home equity lenders are using to manage risk and cut costs. Discover how simple AVMs, condition reports, and full appraisals can be balanced based on risk tolerance, and explore database-driven searches and E&O policies that streamline the title process without compromising on due diligence. Don’t miss this episode packed with actionable insights and practical strategies for anyone invested in home equity lending!