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Jan 4, 2024 · The Consumer Financial Protection Bureau only received three complaints about Spring EQ in 2022, with two of them involving closing fees on a home equity product.
Loan Originator in Conshohocken, PA. See BBB rating, reviews, complaints, get a quote & more.
Jun 28, 2024 · The Consumer Financial Protection Bureau received four complaints in 2021 about Spring EQ's home equity lines of credit. The complaints were about applying for or refinancing a mortgage,...
Jun 29, 2023 · Spring EQ reviews reveal an average customer satisfaction rating of 4.3 with the Better Business Bureau (BBB), indicating that most customers are satisfied with its service. Of its 193 customer reviews, only 42 are complaints, and 26 complaints have been closed in the past 12 months.
Jul 10, 2024 · Spring EQ offers fixed-rate home equity loans, which range from $25,000 to $500,000. The repayment terms are from five years to 30 years, and you can borrow up to 95 percent of your home’s...
Mar 30, 2021 · Additionally, Spring EQ was the #1 lender in the home equity category for customer satisfaction in the second quarter of 2020, and top-3 in the third quarter of 2020. Over at Google, they’ve got a 4.2-star rating out of 5 from nearly 300 reviews, which is also a superior rating.
May 21, 2024 · Spring EQ made our list of the best home equity loan and HELOC lenders thanks to its smooth application process, quick funding and range of loan options. Spring EQ: At a glance Types of...
Read 975 customer reviews of Spring EQ, one of the best Mortgage Lenders businesses at 100 Matsonford Rd Bldg 5, Suite 100, Radnor, PA 19087 United States. Find reviews, ratings, directions, business hours, and book appointments online.
Oct 13, 2022 · Pros. Ability to access up to 95% of your home’s equity. Very high loan maximum. Interest-only payments available for up to 10 years. Cons. It takes an average of 21 days to receive your funds. Fees, rates and terms are unclear. Need a FICO credit score of at least 700 to access 95% of home equity. Looking for a HELOC? Compare Options Now.
Jun 18, 2024 · However, based on nationwide data from 2022, we can say that Spring EQ approved customers who — on average — had a 74% loan-to-value (LTV) ratio or better. Most had a debt-to-income (DTI) ratio below 40%. In that same year, Spring EQ denied about 67% of its mortgage applications.
