Spring EQ Wholesale

Spring EQ Wholesale

Financial Services

Conshohocken, Pennsylvania 1,465 followers

Spring EQ Provides Home Equity Loans for Brokers & Bankers with CLTVs to 90%. Piggyback or Stand-alone. Partner with us!

About us

Spring EQ unlocks the goals of Mortgage Brokers, Bankers and homeowners by providing visibility and access to their home's equity. Unlike banks and other lenders, Spring EQ’s platform simplifies access to accumulated home equity, dramatically reduce the time and cost to tap into that value. Spring EQ is a technology-based originator of nationwide loan products. Founded by proven entrepreneurs and industry leaders, we pride ourselves in creating opportunity for our partners, their customers and our employees. -Fixed Rate (FIXLINE) and Adjustable HELOC's and Fixed Rate (HELOAN) Home Equity Loans -Standalone, Piggyback Second Liens and First Lien HELOC's -Maximum 90% CLTV - Owner Occupied -Maximum 80% CLTV - Investment Properties -Compensation up to 3% of Draw or Loan Amount -Minimum 640 FICO -Fund in 2-3 Weeks NMLS#1464945

Industry
Financial Services
Company size
201-500 employees
Headquarters
Conshohocken, Pennsylvania
Type
Privately Held
Founded
2016
Specialties
Heloc, Heloan, Wholesale Mortgage, Investment Home Equity, Home Equity, and Mortgage Brokers

Locations

  • Primary

    1 West Elm St, Ste 450

    Conshohocken, Pennsylvania 19428-4152, US

    Get directions

Employees at Spring EQ Wholesale

Updates

  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    Don't send your borrowers to the banks or credit unions for their cash needs! Instead, "beat the bank" and get your well-qualified borrowers a 5.449%* rate on Spring EQ's unique fixed-rate HELOC! For a limited time, well-qualified borrowers have access to a 5.449%* rate on Spring EQ's unique fixed-rate HELOC. Unfamiliar with our fixed-rate HELOC? Benefits include: - Flexibility of a HELOC - Borrowers can take additional draws! - Stability of a Fixed-Rate - The interest rate never changes! - LPC Allowed - Not allowed on standard HELOCs! - AVMs Allowed - Instant usage if acceptable! - Significantly Reduced Turn Times - Close loans quicker! Don't miss out — this low rate won't last forever!    Login to our new, simpler interface, EMMA, to view rates, price and register loans, and much more: https://hubs.la/Q02TPy8R0 #springeqwholesale #mortgage #mortgagebrokers #mortgaeglenders #mortgageprofessioanls #homeequity #homeequityloan #heloc NMLS ID #1464945 / NMLS Consumer Access * APR 5.765%. Rate applicable to 20 year, fixed-rate home equity loan. 240 monthly payments of $1,370.02 reflecting principal and interest only. Rate displayed requires two (2) discount points payable at closing. APR and payment amount assume loan amount of $200,000 max 65 CLTV, minimum 760 FICO. Applicants subject to lender’s underwriting guidelines including verification of applicant’s credit profile, debt-to-income ratio, and home’s current value. For details, call 888-605-2588 to speak to a Spring EQ Account Executive. Spring EQ, LLC is a licensed mortgage lender. Spring EQ phone number is (888)-978-9978; Spring EQ address is 1 West Elm Street, Ste 450, Conshohocken, Pennsylvania 19428-4152. This is a promotional email from Spring EQ. This communication is provided for use by mortgage professionals only and is not intended for distribution to consumers or other third parties.

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  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    Don't forget to register for tomorrow's webinar -- you won't want to miss it! Spring EQ's Capital Markets team joins us to examine the current mortgage market conditions, the opportunity that home equity presents, and what's to come in 2025. Register now: https://hubs.la/Q02Tg0Mp0 We look forward to seeing you there! #springeqwholesale #mortgage #mortgagerates #mortgagebrokers #mortgagelenders #mortgageprofessionals #homeequity #homeequityloan #heloc

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  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    This week we held our annual sales summit, and it was a big hit! The team was excited to learn from leaders and peers, with a focus on how to serve partners best and deliver loans faster and easier than ever! And we were thrilled to host industry veteran, Rob Chrisman, to speak and engage with the team! Rob shared valuable insights and posed thought-provoking questions with everyone involved. We can't wait for what the future holds at Spring EQ and for the home equity market! #springeqwholesale #homeequity #teambuilding

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      +3
  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    Don't send your borrowers to the banks or credit unions for their cash needs!  Instead, "beat the bank" and get your well-qualified borrowers a 5.449%* rate on Spring EQ's unique fixed-rate HELOC! Here's what you and your borrowers will love about this unique product: - Flexibility of a HELOC - Borrowers can take additional draws! - Stability of a Fixed-Rate - The interest rate never changes! - LPC Allowed - Not allowed on standard HELOCs! - AVMs Allowed - Instant usage if acceptable! - Significantly Reduced Turn Times - Close loans quicker! Hurry, because these rates won't last forever!  Login to our new, simpler interface, EMMA, to view rates, price and register loans, and much more: https://hubs.ly/Q02SLCsn0 NMLS ID #1464945 / NMLS Consumer Access * APR 5.765%. Rate applicable to 20 year, fixed-rate home equity loan. 240 monthly payments of $1,370.02 reflecting principal and interest only. Rate displayed requires two (2) discount points payable at closing. APR and payment amount assume loan amount of $200,000 max 65 CLTV, minimum 760 FICO. Applicants subject to lender’s underwriting guidelines including verification of applicant’s credit profile, debt-to-income ratio, and home’s current value. For details, call 888-605-2588 to speak to a Spring EQ Account Executive. Spring EQ, LLC is a licensed mortgage lender. Spring EQ phone number is (888)-978-9978; Spring EQ address is 1 West Elm Street, Ste 450, Conshohocken, Pennsylvania 19428-4152. This communication is provided for use by mortgage professionals only and is not intended for distribution to consumers or other third parties. #springeqwholesale #mortgage #mortgagerates #mortgageabrokers #mortgagelenders #mortgageprofessionals #homeequity #homeequityloan #heloc

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  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    That's right!  The criteria for using AVMs and Drive-By Appraisals has been increased from $250,000 to a $400,000 loan amount. This change applies to all our home equity products! And don't forget, for a limited time, well-qualified borrowers can receive a 5.449%* CASH OUT rate on Spring EQ's unique fixed-rate HELOC! Login to our new, simpler interface, EMMA, to view rates, price and register loans, and much more: https://hubs.la/Q02Sbpns0 Reach out to your Account Executive with questions. NMLS ID #1464945 / NMLS Consumer Access * APR 5.765%. Rate applicable to 20 year, fixed-rate home equity loan. 240 monthly payments of $1,370.02 reflecting principal and interest only. Rate displayed requires two (2) discount points payable at closing. APR and payment amount assume loan amount of $200,000 max 65 CLTV, minimum 760 FICO. Applicants subject to lender’s underwriting guidelines including verification of applicant’s credit profile, debt-to-income ratio, and home’s current value. For details, call 888-605-2588 to speak to a Spring EQ Account Executive. Spring EQ, LLC is a licensed mortgage lender. Spring EQ phone number is (888)-978-9978; Spring EQ address is 1 West Elm Street, Ste 450, Conshohocken, Pennsylvania 19428-4152. This is a promotional email from Spring EQ. This communication is provided for use by mortgage professionals only and is not intended for distribution to consumers or other third parties. #springeqwholesale #mortgage #mortgagerates #mortgagebrokers #mortgagelenders #mortgageprofessionals #homeequity #homeequityloan #heloc

    • No alternative text description for this image
  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    Imagine a fixed-rate, cash out, HELOC in the 5's... Let's make it a reality for your borrowers! For a limited time, well-qualified borrowers have access to a 5.449%* rate on Spring EQ's unique fixed-rate HELOC. Unfamiliar with our fixed-rate HELOC? Benefits include: - Flexibility of a HELOC - Borrowers can take additional draws! - Stability of a Fixed-Rate - The interest rate never changes! - LPC Allowed - Not allowed on standard HELOCs! - AVMs Allowed - Instant usage if acceptable! - Significantly Reduced Turn Times - Close loans quicker! Don't miss out — this low rate won't last forever!    Login to our new, simpler interface, EMMA, to view rates, price and register loans, and much more: https://hubs.la/Q02R-MMt0 #springeqwholesale #mortgage #mortgagebrokers #mortgaeglenders #mortgageprofessioanls #homeequity #homeequityloan #heloc NMLS ID #1464945 / NMLS Consumer Access * APR 5.765%. Rate applicable to 20 year, fixed-rate home equity loan. 240 monthly payments of $1,370.02 reflecting principal and interest only. Rate displayed requires two (2) discount points payable at closing. APR and payment amount assume loan amount of $200,000 max 65 CLTV, minimum 760 FICO. Applicants subject to lender’s underwriting guidelines including verification of applicant’s credit profile, debt-to-income ratio, and home’s current value. For details, call 888-605-2588 to speak to a Spring EQ Account Executive. Spring EQ, LLC is a licensed mortgage lender. Spring EQ phone number is (888)-978-9978; Spring EQ address is 1 West Elm Street, Ste 450, Conshohocken, Pennsylvania 19428-4152. This is a promotional email from Spring EQ. This communication is provided for use by mortgage professionals only and is not intended for distribution to consumers or other third parties.

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  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    EMMA, Spring EQ's new, simpler loan interface, just got an upgrade! You can now view your pipeline right inside of EMMA! What's most exciting?  This upgrade allows you to easily connect with your dedicated loan contact throughout the entire process! See for yourself!  Login to EMMA to view rates, price and register loans, and more: https://hubs.la/Q02Rwl2b0 #springeqwholesale #mortgage #mortgagerates #mortgagebrokers #mortgagelenders #mortgageprofessionals #homeequity #homeequityloan #heloc

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  • View organization page for Spring EQ Wholesale, graphic

    1,465 followers

    Here's how the Fed’s recent rate cut impacted the rates on Spring EQ's suite of home equity products: ~ Adjustable-Rate HELOC: Prime rate (what the margin is indexed to) was lowered from 8.50% to 8.00%. Effective rates lowered .50bps ~ Fixed-Rate HELOC (FIXLINE): Rates lowered .25bps across the board ~ Fixed-Rate HELOAN: Rates lowered up to .375bps And that's not all... Spring EQ is running a limited-time low rate on our 20yr fixed-rate home equity loan! Well-qualified borrowers can lock in a 6.749%* Have borrowers waiting for the right time to access cash from their home's equity? Now is a great time to act! Login to our new, simpler interface, EMMA, to view rates, price and register loans, and more: https://hubs.la/Q02QX45V0 * APR 6.895%. Rate applicable to 20 year, fixed-rate home equity loan. 240 monthly payments of $760.30 reflecting principal and interest only. APR and payment amount assume loan amount of $100,000 max 65 CLTV, minimum 760 FICO. Applicants subject to lender’s underwriting guidelines including verification of applicant’s credit profile, debt-to-income ratio, and home’s current value. For details, call 888-605-2588 to speak to a Spring EQ Account Executive. #springeqwholesale #mortgage #mortgagerates #mortgagebrokers #mortgagelenders #mortgageprofessionals #homeequity #homeequityloan #heloc #fixline

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