Almost a Quarter of Americans Don’t Fully Understand Home Equity Loans

Homeowners are sitting on nearly $35 trillion in equity yet many remain hesitant to tap into it. What is holding them back? High interest rates, fear of repayment and lack of clarity around the lending process. MeridianLink surveyed 1,500 homeowners to uncover how lenders can overcome these barriers and unlock growth in the home equity market.

If you’re ready to meet borrower expectations with speed, clarity and confidence, this report lays out the path.

Inside the Report you’ll find:

Key reasons why 28% of homeowners are likely to take out a loan this year
The biggest blockers keeping borrowers on the fence
What motivates borrowers beyond just interest rates
How digital tools and education can build trust
Ways lenders can deliver faster approvals and personalized service

Read the full report to unlock the insights and drive smarter, faster lending decisions.

Download the report

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About MeridianLink^®

At MeridianLink, we connect all sizes of financial institutions and fintech companies to better technology, better service, better people, and better solutions to streamline experiences so your members and customers can live better lives. We solve complex problems with powerful yet practical solutions. Since the beginning, we have been a leader at adapting to change with unique, industry-first solutions. We meet opportunities head-on with innovation and drive. Our passion for excellence is reflected in our cloud-based digital lending, new account opening and deposit, and credit reporting solutions.