Achieve Your Financial Goals with Speed and Simplicity

We offer flexible home equity solutions to help you consolidate debt, renovate your home, or cover major expenses with a faster, simpler lending experience.

/ Welcome to Spring EQ

Homeowners Trust Spring EQ

We’re not just another lender. We’re built to deliver speed, flexibility, and confidence in every interaction. Since 2016, more than 120,000 homeowners have trusted us to unlock more than $11 billion in equity, and here’s why: 

  • Fast Approvals: Get your funds in as few as 11 days.*
  • Flexible Options: Choose from fixed-rate loans, Home Equity Lines of Credit (HELOCs), or customized terms to fit your goals.
  • Dedicated Experts: Work with a team who will guide you from start to finish.

/ The Best Choice

Compare Your Options, Choose with Confidence

Not all borrowing options are created equal. Take a look at how Spring EQ compares to other common ways homeowners access cash.

Interest Rates (on average)
Impact on Current Mortgage
Loan Term
Payment Flexibility
Tax Deductible**
Home Equity
Low
No, you can keep your first mortgage rate
Flexible
Highly flexible
Yes (if used for home improvements)
Refinance
Low
Yes, may raise your first mortgage rate
Long-term
Fixed
Only for primary residence mortgage interest
Credit Card
High
No impact
Short-term
Highly flexible
No
Personal Loan
High
No impact
Fixed
Fixed
No
Home Equity
Low
Refinance
Low
Credit Card
No impact
Personal Loan
Fixed
Home Equity
No, you can keep your first mortgage rate
Refinance
Low
Credit Card
No impact
Personal Loan
Fixed
Home Equity
Flexible
Refinance
Low
Credit Card
No impact
Personal Loan
Fixed
Home Equity
Highly flexible
Refinance
Low
Credit Card
No impact
Personal Loan
Fixed
Home Equity
Yes (if used for home improvements)
Refinance
Low
Credit Card
No impact
Personal Loan
Fixed

/ Testimonials

Why Do Homeowners Choose Spring EQ?
See for Yourself.

We measure success by the difference we make in our customers’ lives. Whether it’s saving money each month, completing long-awaited projects, or creating financial breathing room, homeowners trust us to deliver. Their experiences tell the story best.

/ Why Spring EQ?

Don’t Just Take Our Word for It: Industry Leaders Trust Us Too.

We’re proud of the recognition we’ve earned across the industry. Check out some of the awards we’ve received.

/ Latest News & Insights

Advice and Insights for Today’s Homeowners

HELOC

02/02/2026 Blog Post

What to Expect When Using Home Equity to Pay Off Debt

Using your home equity to pay off high-interest debt can be an effective way to simplify your finances and potentially lower your overall interest costs.

HELOC

01/30/2026 Blog Post

Is Debt Consolidation Right for You? How to Know When It Makes Sense

Debt consolidation can be a helpful strategy for homeowners who are juggling multiple high-interest balances and looking for a simpler way to manage their finances.

Home Equity

01/29/2026 Blog Post

Fixed vs. Variable Rates When Consolidating Debt with Home Equity: Which Is Right for You?

Choosing between a fixed or a variable interest rate is an important decision. Which option is right for you?

HELOC

01/19/2026 Blog Post

5 Overlooked Ways Homeowners Use Home Equity

Many people think of home equity loans for major renovations or debt consolidation. And yes, those are two popular ways to use it.

HELOC

01/19/2026 Blog Post

How Rising Home Values Create Equity Opportunities

If you’re thinking about using the equity in your home this year, you aren’t alone.

Home Equity

11/24/2025 Blog Post

Spring EQ CEO Joe Steffa Talks Home Equity, Growth, and What’s Ahead

Spring EQ CEO Joe Steffa recently sat down with HousingWire to discuss the home equity landscape. Get all the details here!