Appli, a provider of AI-powered financial calculators for credit unions and community banks, today announced the launch of its Guided Home Equity Calculator, designed to help financial institutions capitalize on growing member interest in home equity lending.
The new guided home equity calculator integrates real-time property valuations and provides step-by-step guidance through the home equity line of credit (HELOC) evaluation process. Members enter their address and receive current estimated home values along with potential line of credit amounts based on their mortgage balance and desired draw.