father and son doing a DIY home improvement project with tools and wood

"The entire process was completed in record time"
- Juanita B.

“Start to finish was under 3 weeks and my closing costs were significantly cheaper. 5 Stars!”   -John Z.

 

“The loan agreement closing went very smoothly and was scheduled for my convenience. It was very professional. I am very pleased with my experience.”   -Bill S.

 

“Excellent customer service. They were quick, knowledgeable and efficient."   -Lillian C.

 

 

ESTIMATE YOUR EQUITY NOW
family happy with their daughter who just graduated college

Sherry's Story: Expert help from a team of dedicated pros

“I had a wonderful experience with Spring EQ. I had major damage to my home and my homeowners insurance would not cover my losses.

 

The wonderful loan officer was able to walk me through the process and calm my nerves even through the tears and there were many! Everyone that I spoke with at Spring EQ was professional and they were very thorough.

 

I strongly and highly recommend you use Spring EQ for your financial needs.”

-Sherry K.

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Laughing couple taking a break from a home improvement project

"Our loan officer was very helpful, patient and always available throughout the whole process.”
- Jose D.

“I highly recommend Spring EQ for equity lending needs. The process was smooth, quick and their communication was top notch.”

-Jessica K.

 

“Highly recommend, very easy process and very straightforward! Easy way to pay off high interest credit cards!”

-Robert F.

 

“Spring EQ was great to work with. from 1st contact through closing of loan the whole team was very responsive and kept me informed through to end.”

-Gerald B.

© 2024 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:
    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.

    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 or “Home EQ” value 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 verifications 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 or greater and debt-to-income ratio of 50% or less. 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 debt-to-income ratio of 45% or less. Spring EQ offers Home Equity loan options up to 95% of your home value for qualified borrowers with a credit score of 700 or greater excluding 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.