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Unlock the potential of your home's equity with our flexible variable-rate HELOC options.

 

Tailored to cater to your evolving financial needs, our HELOC solutions offer an adaptable approach to managing your finances. Whether you're planning a major renovation, consolidating debt, or simply looking for a rainy-day fund, our options provide the versatility you seek.

 

Experience the ease of accessing funds at your convenience while enjoying a financial solution that grows with you with a variable rate HELOC from Spring EQ.

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What is a Variable-Rate HELOC?

A variable-rate Home Equity Line of Credit (HELOC) is a financial tool that allows homeowners to borrow against the equity in their homes.

 

Unlike a traditional loan with a fixed interest rate, a variable- rate HELOC features an interest rate that can change periodically depending on market conditions.

 

This type of HELOC offers flexibility in borrowing amounts and repayment schedules, making it an ideal choice for managing expenses like home improvements, medical bills, or education costs. Its adaptability makes it a versatile option for financial planning.

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Benefits of a Variable-Rate HELOC

A variable- rate HELOC provides numerous advantages that can enhance your financial strategy. One of the main benefits is its flexibility, allowing you to access funds as needed without committing to a lump sum. This financial tool is particularly advantageous for homeowners who prefer the security of having a line of credit available for various expenses, whether expected or unexpected.

 

  • Flexible Access to Funds: Tap into your home's equity as needed for renovations, debt consolidation, or emergencies.
  • Potential for Lower Interest Rates: Benefit from potentially lower interest rates compared to credit cards and personal loans.
  • Interest-Only Payment Option: Manage cash flow effectively by making interest-only payments during the draw period.
  • Tax Deductible Interest: You may be eligible to deduct interest payments on your taxes if used for home improvements (consult a tax advisor).

Increased Purchasing Power: Enjoy increased financial flexibility and purchasing power without the need for refinancing.

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10 Years Interest Only Payments

To get fast, flexible access to your home's equity, a Spring EQ Home Equity Line of Credit (HELOC) may be right for you.
 
Our streamlined process means faster funding. And you can access up to $500,000 of your home's equity in cash—much more than personal loans offer.

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For Now, For Later For Anything

The nice thing about a HELOC is that you don't need to use the entire amount in your line. Just use what you need.
 
You only pay interest and pay back the money you use.
 
So you get the flexibility you need to stay in control as you access cash from your home's equity.

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Get in Touch With Our Team

At Spring EQ , our team of experts is dedicated to helping you find the best financial solutions for your needs.

 

Contact us today to learn more about our variable- rate HELOC options and how they can benefit you. Take advantage of your home's equity with our flexible and versatile HELOC solutions.

 
© 2025 Spring EQ LLC - NMLS ID # 1464945
 
 
 
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1 West Elm St, Ste 450 Conshohocken, PA 19428-4152, 888-978-9978

 

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    *Details to note:

    This site is not authorized by the New York State Department of Financial Services.  No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

    Spring EQ customers get their cash on average in 21 business days, and as fast as 14 days. This average time is measured from the time we receive all requested documents and assumes your stated income, property and title information provided in your loan application matches your documents and any supporting information collected. The time period calculation to get cash is based on the average funding turn times over the first four months of 2023, assumes the funds are wired, excludes weekends and excludes the government mandated disclosure waiting period. Typical applicants are required to provide a current and valid completed application, proof of income, mortgage statement, home hazard insurance, and a photo ID.

    Please Note: Spring EQ does not provide tax, legal, investment or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, investment or accounting advice. You should consult your own tax, legal, investment and accounting advisors before engaging in any transaction.

    Applicants are typically not required to provide proof of assets, and proof of income may be more extensive for self-employed borrowers. Quarterly, we calculate The Spring EQ Cash-In-Pocket Index™ which is the average reduction of our customers debt payments where at least one debt was paid off with loan proceeds. The most recent Cash-In-Pocket Index™ reported a reduction in debt payments of $530.

    Any pre-qualification is in no way a pre-approval, indication of eligibility, or binding underwriting decision.

    All borrowers will be required to meet Spring EQ's current underwriting guidelines including verification of applicant’s credit profile, debt-to-income ratio, and home’s current value. Eligible Home Equity Loan borrowers must have a FICO score of 640 and meet all other qualifying criteria in Spring EQ's current underwriting guidelines. Refinance transactions may increase total finance charges over the life of the loan. Speak to a loan officer for details. Eligible Home Equity Line of Credit borrowers must have a minimum FICO score of 640 and meet all other qualifying criteria in Spring EQ's current underwriting guidelines. Spring EQ offers Home Equity loan options up to 90% of primary residence value for qualified borrowers (and up to 80% for second home or investment properties).

    The maximum Home Equity loan or Home Equity Line of Credit amount Spring EQ offers is $500,000.

    For details, call 888-978-9978 to speak to a licensed Spring EQ Loan Officer. Please Note: Any reference to news organizations or outlets and/or their logos or likenesses on these webpages are solely in reference to the inclusion of relevant home equity, mortgage or interest rate subject matter in current, publicly available national news items and cycles and are not meant to imply endorsement of Spring EQ in any way.