Phoenix Synergistics: 18th Annual Home Equity Lending Monitor

Oct 2018 | Activation, Retention, and Re-Marketing | Product Features and Pricing | Marketing Channel Mix

Survey Topics

  • Household Financial Profile
  • Profile of Key Market Segments
  • Usage of Loans/Lines
  • Activation, Retention, and Remarketing
  • Pricing Issues
  • Sources of Information
  • Application Process
  • Marketing Channel Mix
  • Decision Making Process
  • Provider Competition


National Internet Survey – 2,500 total online interviews with homeowners including 1,125 equity loan/line holders and 375 equity loan/line prospects.


  • Size the home equity market and evaluate trends in a changing environment.
  • Assess the impact of the housing and credit markets on consumer behavior.
  • Determine provider selection factors and measure satisfaction with current and/or past equity loan providers.
  • Identify key target markets.
  • Monitor the changing mix of marketing and distribution channels used for home equity lending.
  • Evaluate product features, new product concepts, and pricing structures.
  • Examine the consumer decision making process regarding home equity credit and competing credit products.
  • Identify strategies for acquisition, activation, retention, and remarketing.

Key Dates

May 25, 2018 – Final acceptance of client comments on the questionnaire.
May 25, 2018 – Charter fee date.
September 2018– Initial results available.
October 2018 – Project Report available.

Contact Mark Sutin at or 609-261-6332 to learn more about individual pricing and our discounted subscription offerings.

For retail banks, the home equity market is extremely important. It is an attractive market in terms of the types of borrowers it draws – serious, upper- income consumers. Delinquencies are low compared to other forms of lending. For both borrowers and lenders, it is a win-win.

This monitor has tracked ongoing trends and new developments in the home equity credit market annually since its inception in 2001. A primary objective each year is to gauge the overall size of the market – as defined by current users and prospects. Recent findings have suggested an improving market in conjunction with a recovering housing market. However, rising interest rates and pending tax reform may impact this market going forward. Ongoing analysis of these trends is of critical importance.

Key measures assessed over time include activation and utilization rates of revolving equity lines, the purposes of using loans and lines, important criteria in choosing providers and products, response to fees and other pricing, and channel usage for marketing, acquisition, and customer service. Of special interest is ongoing analysis of the perspectives and intentions of equity credit ex-users, with an emphasis on strategies and tactics for re-marketing. Phoenix Synergistics survey will provide a greater understanding of the consumer perception and usage of home equity credit.

Key Findings from Previous Home Equity Lending Monitors:

Findings from Phoenix Synergistics previous reports in the Home Equity Lending Monitor Series (2006 to 2017) revealed that the proportion of homeowners who have home equity credit has been stable.

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