Spring EQ Wholesale

Financial ServicesPennsylvania, United States11-50 Employees

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 reducing the time and cost to tap into that value.

Spring EQ is a technology-based originator of nationwide home equity and Non-QM 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
-Non-QM DSCR Loans
-Standalone, Piggyback Second Liens and First Lien Loans
-Maximum 90% CLTV - Owner Occupied
-Maximum 80% CLTV - Investment Properties
-Loan Amounts to $500,000
-Compensation up to 2% LPC or 4% BPC (depending on product) on Initial Draw or Fixed  Loan Amount
-Maximum 50% DTI
-Minimum 640 FICO
-Fund in as Few as 5 to 11 Days
-We DO LEND in Texas

NMLS#1464945

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