For HELOCs, Is Your Bank The Best Choice?

Posted by Spring EQ on Mar 22, 2022 4:07:55 PM


When looking into any kind of mortgage loan, it's only natural to want to go where you feel comfortable. However, when homeowners obtain a Home Equity Line of Credit (HELOC), home equity loan or cash-out refinance from their existing bank or credit union, they sometimes miss out on potential savings, better offers and more flexible terms.

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Topics: Cashout, mortgage, HomeEquity, CashAccess

How Much Cash Can You Access?

Posted by Spring EQ on Mar 3, 2022 11:27:38 AM

What is your CLTV? And Why does it matter to Lenders?


The amount of cash you can access from your home is dependent on various lender requirements, with one of the most important being your CLTV, which means "combined loan-to-value" ratio.

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Topics: Cashout, mortgage, HomeEquity, CashAccess

3 fast HELOC facts every homeowner should know

Posted by Spring EQ on Feb 7, 2022 11:41:59 AM


Of all the ways to access your home's equity, the Home Equity Line of Credit (HELOC) may be the most misundertstood. Is it right for you?

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Topics: Cashout, HELOC, HomeEquity