Spring EQ Wholesale

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

General Information
Company Name
Spring EQ Wholesale
Founded Year
2016
Location (Offices)
Conshohocken, United States +1
Founders / Decision Makers
Number of Employees
29
Industries
Financial Services, Lending and Investments
Funding Stage
-
Social Media

Spring EQ Wholesale - Company Profile

Spring EQ Wholesale is a technology-based originator of nationwide loan products, specializing in home equity loans for Mortgage Brokers and Bankers. Founded in 2016 by proven entrepreneurs and industry leaders, the company’s platform simplifies access to accumulated home equity, providing Fixed Rate (FIXLINE) and Adjustable HELOC's and Fixed Rate (HELOAN) Home Equity Loans, Standalone, Piggyback Second Liens and First Lien HELOC's with a Maximum 90% CLTV for Owner Occupied properties and 80% for Investment Properties. This innovative approach allows for compensation of up to 3% of Draw or Loan Amount, with a minimum credit score requirement of 640 FICO. With a strong emphasis on technology and accessibility, Spring EQ prides itself on its ability to fund in 2-3 weeks. As the go-to solution for unlocking home equity, the company has established itself within the Financial Services, Lending and Investments industries, presenting a compelling opportunity for potential investors seeking to tap into the thriving landscape of home equity loans.

Taxonomy: Home Equity Loans, Mortgage Brokers, Bankers, HELOC, Fixed Rate Loans, Second Liens, First Lien HELOC, Investment Properties, Wholesale Mortgage, Financial Technology, Real Estate Financing, Loan Origination, Credit Underwriting, Compensation Structure, FICO Score Analysis

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