Bank of America, PNC share top ranking in Keynova’s 2026 home equity scorecard

Bank of America and PNC have taken the top spot in Keynova's 2026 Home Equity Scorecard, a ranking that evaluates lenders on their home equity products and services. This is notable for the construction industry as it indicates which lenders are prioritizing home equity lending, a crucial aspect of residential construction financing. With home equity lines of credit (HELOCs) and home equity loans becoming increasingly popular, especially in a rising interest rate environment, lenders that excel in this area can provide significant support to homeowners and builders alike.

The scorecard also highlights a growing trend in the industry: the adoption of accelerated home equity closing and funding processes. One-third of lenders now offer this service, up from the previous year. This acceleration can greatly benefit construction projects, as it enables homeowners to tap into their home equity more quickly and efficiently, providing necessary funds for renovation or new construction projects. As the construction industry continues to navigate supply chain disruptions and labor shortages, streamlined financing processes can make a significant difference in project timelines and budgets.

Looking ahead, it's worth watching how lenders continue to adapt to changing market conditions and consumer needs. With interest rates expected to remain high in the near term, demand for home equity products is likely to persist. Lenders that can offer competitive rates, flexible terms, and efficient processes will be well-positioned to support the construction industry's growth. Additionally, as new technologies and innovations emerge, we can expect to see further enhancements to the home equity lending process, potentially leading to even faster and more cost-effective financing options for construction projects.

Originally reported by housingwire.com. ConstructionNews adds analysis for real estate & property readers.