What Makes 2025 Different for HELOCs?

Posted by Spring EQ on Sep 2, 2025 9:22:35 AM

If you’re thinking about using the equity in your home this year, you aren’t alone. From historically high equity levels to favorable borrowing trends, HELOCs are quickly gaining momentum as the choice as a solution for quick access to cash for homeowners. Wondering why? Let’s get into the details!

 

  1. Homeowners Are Sitting on Massive Equity

The average U.S. homeowner has approximately $213,000 in tappable equity, a record high. It’s why homeowners who are looking for funds to make home renovations, consolidate debt, or plan for the future are turning to HELOCs.

  1. Demand for HELOCs Is Picking Up

HELOC originations are on the rise. According to TransUnion, originations are growing at the fastest rate in three years. This rising usage reflects a shift in homeowner behavior as more people look for liquidity without giving up their existing low mortgage rates.

  1. Projected Borrower Growth of 15-20%

Future outlooks are pointing to even more momentum ahead for HELOCs. Earlier this year, Curinos projected HELOC demand will grow at a 15 to 20 percent annualized pace in 2025. This signals confidence among homeowners who see equity as the key to achieving financial flexibility.

  1. Rates Finally Easing

As we get closer to the fall season, interest rates have dropped from late 2024 and early 2025. And according to Bankrate, rates may dip even further before the year ends.

  1. A Better Option Than Refinancing

HELOCs are becoming a popular choice as a flexible alternative to refinancing. With a HELOC, homeowners can draw what they need when they need it, rather than replacing their entire mortgage. With refinancing often off-limits for homeowners locked into rates under 5 percent, HELOCs are a great tool for accessing equity without disturbing existing loan terms.

 

Thinking about maximizing your home equity? At Spring EQ, we offer a variety of solutions with competitive rates. If you’re interested in seeing what we have to offer, you can prequalify instantly without taking a hit to your credit.

 

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.

 

Topics: refinance, HELOC, HomeEquity, Financial Tips, debt consolidation, Fixed-Rate HELOC

Recent Posts

Posts by Tag

Share
© 2025 Spring EQ LLC - NMLS ID # 1464945
 
 
 
Linkedin Logo    facebook logo  
 

1 West Elm St, Ste 450 Conshohocken, PA 19428-4152, 888-978-9978

 

NMLS Consumer Access   |   Legal   |   Terms   |   Privacy   |   E-Sign   |   CA Residents   |   Careers  

    *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.