#United States #Moorestown #HomeEQ #HELOC #Lee Malone

HomeEQ Welcomes Lee Malone as Vice President

HomeEQ, a pioneering digital solution for Home Equity Lines of Credit (HELOC) developed by Arc Home, is making strategic strides in its growth trajectory by announcing the appointment of Lee Malone as Vice President. This move aligns with the company's mission to capitalize on opportunities in the expanding home equity lending space.

Lee Malone, who brings over two decades of expertise in the home equity lending sector, will lead HomeEQ’s initiatives. His extensive experience includes successfully scaling HELOC programs, which notably featured the establishment of a program that achieved nearly one billion dollars in yearly funded volume. This substantial background equips him with the insight and strategies necessary to navigate the rapidly changing market dynamics and to deliver value to brokers and borrowers alike.

In his new role, Lee aims to oversee the development of HomeEQ, focusing on strategic expansion, educational programs, and forging vital partnerships that empower originators to fully leverage the growing potential of home equity. His leadership is expected to not only reinforce existing efforts but also stimulate innovation within the platform. “I am delighted to join Arc Home and lead the ongoing growth of HomeEQ,” said Malone. He emphasized the importance of providing brokers with efficient solutions that appeal to homeowners seeking quick access to their equity, without the burdensome process of refinancing.

The platform's advantages, according to Malone, include its streamlined processes that ensure rapid funding within days, making it a compelling option for those looking to utilize their home equity smartly. He expressed eagerness to collaborate with brokers to enhance their businesses and meet the demands of their clients effectively.

Arc Home’s CEO, Brian Devlin, expressed confidence in Malone’s capabilities, stating, “Lee's expertise in HELOC solutions and customer-focused approach make him an ideal fit to propel HomeEQ’s expansion. His proficiency in marrying strategic planning with execution, alongside a comprehensive understanding of client needs, aligns with our long-term vision.” This strategic positioning is expected to further cement HomeEQ’s status as a leading choice for brokers while becoming a foundational growth pillar for Arc Home.

The appointment of Lee Malone is seen as a pivotal step in HomeEQ's commitment to innovation within the home equity market, as they work to enhance their offerings and meet the evolving needs of both brokers and consumers seeking home equity solutions. As the market evolves, HomeEQ aims to be at the forefront, providing valuable resources that will ultimately define the future of HELOC products.

With Lee Malone at the helm, the future looks promising for HomeEQ as it strives to become a go-to platform for both brokers and borrowers in the ever-changing landscape of home equity lending.