Alternative Mortgages See Double-Digit Growth as Borrowers Seek Flexibility

MPA, Dec. 11, 2024-Candyd Mendoza
More borrowers are turning to non-qualified mortgages (non-QM), home equity lines of credit (HELOCs), and second mortgages, according to the latest report from Mortgage Capital Trading (MCT). As traditional agency loan production dwindles, lenders are expanding into these markets to meet growing demand and maintain competitiveness.
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