Start a business. Make a major home repair. Be there for loved ones in their time of need. Get all the cash you need, when you need it, with a Second Mortgage.
Spring EQ – Home Equity
• 90% CLTV on standalones(no piggybacks), including second homes, and Condos – No Condo Questionnaire!
• Up to 2% of Lender Paid Compensation paid with your chosen fee %, and the flexibility of offering Borrower Paid Compensation
• 20 year, fixed and fully amortizing terms available
• Prior use appraisals accepted within 12 months
• Drive by appraisal only on loans under $175,000
• No title insurance on loans under $250,000
• W2 Income Only
• Spring EQ Wholesale uses credit scores calculated on the FICO Score 8 Model. We encourage clients to take advantage of the free and fast Experian Boost product to increase their score.