1-800-CASHOUT makes it easy for homeowners to unlock the equity in their property


The launch of 1-800-CASHOUT is in response to growing demand from homeowners for mortgage products that convert their home equity into cash.

Our goal is to present a range of options for homeowners to convert their home equity into cash.

Strong Home Mortgage LLC, a veteran- and consumer-owned mortgage lender, today announced the launch of 1-800-CASHOUT and 1-800-CASHOUT.com.

The toll-free number and domain name are promoted under the Strong Home Mortgage brand, led by CEO Roger Jones and President Mike Peoples. The company was founded in 2018.

According to the Federal Reserve, US homeowners have $23.6 trillion¹ in home equity, with $2.6 trillion² earned in the last year alone. Additional research estimates owners earned $67,000 in “workable equity” in 2021.²

For the 44% of Americans³ now considered “equity rich,” Strong Home Mortgage LLC offers more ways for homeowners to access their home equity.

“Our goal is to present a range of options for homeowners to convert the equity in their property into cash,” Peoples says. Funds can be used to pay off high-interest credit cards, renovate a home, or create a safety net for the unexpected. There are no restrictions on how owners can use the money.

Strong Home Mortgage offers traditional refinances, home equity lines of credit (HELOC) and home equity loans (HELOAN). “There are even ways for homeowners to cash out while keeping their current low-rate mortgage intact,” Jones says.

A nationally broadcast media campaign highlighting the 1800CASHOUT domain and Strong Home Mortgage’s product offering begins June 6 in select markets.

About Strong Home Mortgage LLC

Strong Home Mortgage is a veteran-owned direct-to-consumer lender licensed in 46 states and Washington DC. Borrowers benefit from single-point-of-contact communications during the home loan process with fewer handoffs, more uptime, better dialogue, and smoother closings. The company averages 4.8 stars from over 6,000 reviews. This includes 97% recommended on Lending Tree where Strong Home has been recognized with a “Top 10 Lender in Customer Satisfaction” badge for three consecutive quarters [Q3/Q4 2021, Q1/2022].

Strong Home Mortgage LLC | NMLS#1675638|nmlsconsumeraccess.org| Equal Housing Lender | RI Licensed Lender│ MA Lender License # ML-1675638│ AZ Mortgage Banker License # 0950815│ Licensed by NJ Dept. of Banking and Insurance| CA Loans Made or Arranged under a California Finance Act License

Sources:

¹ FRED Economic Data, St. Louis Fed. Households; Having owners in real estate, level, 2022

² Black Knight, Inc., 2021 sees record $2.6 trillion exploitable capital gain, 2022

³ Attom Data, Owners’ Equity Rises Again in US in Q1 2022

Share the article on social networks or by e-mail:

Previous 5 Best Online Payday Loans - Online Payday Loans Same Day Deposit & No Rejection Payday Loans Direct Lenders in 2022
Next John J. Lanzendorf, Celebrity Hairstylist, Famous Dinosaur Art Collector, Dead at 76