Spring EQ Wholesale | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Spring EQ Wholesale is a financial services company based in Pennsylvania, specializing in home equity lending since its founding in 2016.
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Spring EQ Wholesale is a financial services company based in Pennsylvania, specializing in home equity lending since its founding in 2016. The company serves mortgage brokers, bankers, and homeowners by offering a technology-driven platform that simplifies the loan process, making it faster and more efficient than traditional lenders.
The product lineup includes adjustable Home Equity Lines of Credit (HELOCs), fixed-rate second liens (HELOANs), standalone loans, and piggyback loans. These options cater to various borrower needs, providing flexibility with interest-only options or stable fixed payments. The company is known for quick funding times, averaging 14 to 21 business days from document submission, and offers competitive compensation for brokers, with commissions reaching up to 2.5% of the loan amount. Operating primarily through wholesale mortgage channels, it partners with financial institutions and mortgage brokers nationwide, emphasizing efficient home equity access and a commitment to respect and integrity in all dealings.
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