Greetings!
High demand for purchases combined with limited inventory, borrowers are more frequently dipping into the equity in their homes to get the value they are wanting. Combine that with borrowers’ desire to get spring projects complete, Home Equity Lines of Credit are on the rise.
IBMC Bridge allows you to receive the same level of ease with HELOCs as you do with traditional mortgages. Adding HELOCs is quick and easy. Simply contact your representative at Iowa Bankers Mortgage Corporation, and they will add this option to the app at no cost. As you can see below it gives the borrower the option to choose between purchasing, refinancing or home equity when they launch the app.