A new report from the Federal Reserve shows that American homeowners now hold a record $32 trillion in home equity, yet traditional lending products remain difficult for many to access.
Key Findings
- Home equity levels have increased 40% since 2020
- 65% of homeowners over 55 have significant untapped equity
- Traditional HELOC approval rates have declined 15%
Forward's home equity investment model offers an alternative for homeowners who don't qualify for traditional loans or prefer not to take on additional debt.