Spring EQ, LLC

Address: 1 West Elm Street, Suite 450, Conshohocken, PA 19428

https://www.wholesale.springeq.com/

Internal Reviews

(2 reviews)

Total loans closed with Loan Factory
18,663

Total loans closed with Loan Factory (past 12 months)
15,070

Lender overview

Basic information

QM Program

HELOC

Loss Payee

SLS LLC ISAOA/ATIMA PO Box 4500, Springfield, OH 45501

CPL or Subordinate Clause

N/A

Lock policies & Fees

Lock Policies

Lock extension

7 days 0.28
14 days 0.56
21 days 0.84
30 days 1.20

Relock

N/A

Lock & Shop

Lender's niche & Overlays

Lender's Niche

For LO's that haven't registered HELOC or HELOAN since June with Spring EQ, we’ll waive the standard $799 admin fee—but act fast! Loans must be registered by March 31, 2025, to qualify

Lender's overlays

Cannot lend to borrowers living rent free

Lender turn time

Initial underwrite (days)

CTC conditions review (days)

Initial CD (days)

Review - Spring EQ, LLC

1.0

2 Google Reviews

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