beautiful southwestern rancher home with metal roof at sunset

homeowners love this credit score life hack

Posted by Spring EQ on Oct 10, 2022 9:33:31 AM

In this housing market, many homeowners are reassessing their goals–with home renovations and debt consolidation topping their to-do lists.

And for homeowners tapping their home's available equity to fund these goals, checking in on their credit score and seeing if they can give it a push in the right direction is step one.


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Topics: HELOC, HomeEquity, credit rating, FICO, Experian, credit score

happy family moving into their new home thanks to their FICO score improving with the help of Experian Boost

Your Credit Score Secret Weapon

Posted by Spring EQ on Apr 10, 2022 11:12:28 AM

You may already know Experian is one of three major credit reporting bureaus in the U.S. And you might be aware they offer free credit reports, daily credit monitoring and credit scores.

But did you know Experian can also instantly give your credit score a boost?

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Topics: credit rating, FICO, Experian, credit score, Financial Tips, Personal Finance

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    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.

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    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).

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