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The company has said it plans to introduce home improvement loans, HELOCs and sale-leaseback products. Guerin was editor-in-chief for The Reverse Review, a trade magazine for the reverse mortgage.
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Final approval: A home appraisal is necessary to approve a loan application. An appraiser, who will be selected by the appraisal management company hired by AmeriSave, will contact the buyer to schedule the appraisal.
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San Francisco-based LendingHome has spent the last several years building technology that would help real estate investors get mortgages in.