Is a Bridge Loan right for you?

Posted by Spring EQ on May 6, 2022 9:37:45 AM

With rates on the move and home values setting records in neighborhoods across America, you know it’s a crazy market out there. So if you’re home shopping and you find the house of your dreams BUT you haven’t sold your home yet—what are your options? Here’s a way to use your existing home’s available equity if you’re short on down payment funds for your new home...

 

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Topics: mortgage, HomeEquity, FixedRate, finance, Financial Tips, bridge loans, home purchase

2022 Best Mortgage Company to Work For

Posted by Spring EQ on May 2, 2022 1:15:13 PM

Spring EQ is honored to be recognized as one of the best mortgage companies to work for again this year,” said Jerry Schiano, CEO of Spring EQ. “We strive to build a fast-paced and rewarding environment committed to diversity and inclusion, professional development and excellent benefits for our talented and hardworking employees.

 

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Topics: mortgage, HomeEquity, careers, mortgagecareers, nowhiring

Three Kitchen Design Trends to Watch

Posted by Spring EQ on Mar 31, 2022 2:55:47 PM

Goodbye white cabinets! Hello, color! Ultra-sleek white modern kitchens are being replaced with a variety of rich and bold colors, high-tech appliances and unfinished metals. If you’ve been considering a kitchen upgrade, there are many new moods, vibes and styles to choose from.

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Topics: HomeEquity, home improvement, remodel, design

Happy National Puppy Day!

Posted by Spring EQ on Mar 23, 2022 10:51:10 AM

When it comes to our pets, many of us feel like they're full-fledged members of the family. And while there’s no way to quantify the bond between you and your animal companions, National Puppy Day is the perfect time to celebrate our pets—and take a look at a few dog houses where the term “spare no expense” clearly has come into play.

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Topics: HELOC, HomeEquity, HomeImprovement, NationalPuppyDay

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

Spring EQ Expanded Offerings In The News

Posted by Spring EQ on Mar 21, 2022 4:44:33 PM

Recently, Mortgage Professional America featured Spring EQ's launching of new products and guidelines with this to say:

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Topics: HELOC, HomeEquity, HomeImprovement

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

There's No Place Like Home Equity

Posted by Spring EQ on Feb 7, 2022 1:42:13 PM

For home improvement, debt consolidation, education costs or anything else—home equity loans are a great choice for many homeowners looking to access cash from their home.

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Topics: mortgage, HomeEquity, FixedRate, CashAccess, HomeImprovement

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