TransUnion’s latest home equity data confirms what Deephaven is seeing within our own company – second mortgage originations are becoming one of the fastest-growing segments in the non-Agency space.
Now is the time to meet the moment. Tappable home equity is at a record level. First mortgages are still locked low. Borrowers are increasingly turning to second mortgages as the smart, strategic way to access capital – without sacrificing their existing mortgage rate.
Check out some of the highlights of their findings:
- 86 million homeowners have tappable equity, with a median of $267K. Notably, 6.5 million of them have over $1 million in available equity.
- HELOC and HELOAN originations increased 12% YoY
- Homeowners had $808 billion in non-mortgage debt in Q2 2025 – up 4% YoY
- 22.8 million homeowners carry at least $10,000 in non-mortgage debt
- 408,000 HELOCs are reaching the end of their draw periods in the next 12 months
- Early-stage delinquencies for HELOANs and HELOCs remain at all-time lows
How will you play this to score more business? Please register today, and let’s map out your strategy.