Spring EQ LLC Ratings & Reviews

Write Review

Spring EQ LLC

(3.8 of 5) 53 Reviews

72% of our customers would recommend this lender.

About Spring EQ LLC

Spring EQ is changing the way you access the equity in your home. No more long, drawn-out paperwork and you'll get a decision in minutes. We'll do most of the work so you can get your money within 15 days!

Customer Reviews

Write Review

53 Reviews

(3.8 of 5)
Review Breakdown
  • Lender Review
    from Plainfield, NJ Confirmed LendingTree Customer
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender
    Date of Service:
    July 15, 2017

    GREAT Service!

    Sean Mitchell with Spring EQ was the best! We were able to get the deal done in two weeks, start to finish. He kept me posted along the way and was able to quickly answer all of my questions.

    Was this review helpful?

  • Lender Review
    from Sherwood, OR Confirmed LendingTree Customer
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender
    Date of Service:
    December 12, 2017

    Great company to work with...

    I am impressed with what Spring EQ was able to do for me. After a stable 20+ year career I went out into the start-up world for about 2 years and unfortunately it didn't work out. I ran up debt and had 3 jobs over the course of 2 years, plus a few months of unemployment. I wasn't sure how that would impact my application for a 2nd mortgage in order to consolidate my debts and get my financial house in order, but Spring EQ was great to work with. We, of course, did this over the holidays, but they still got it done and completed and I have the loan. Thank you, Spring EQ for working with me and helping me solve my credit card debt problem... Read More

    Was this review helpful?

  • Lender Review
    from Mars, PA Confirmed LendingTree Customer
    (1 of 5)
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    None - we connected, but I didn't move forward
    Date of Service:
    October 9, 2017

    Poor customer service

    Horrible customer service. Emails/phone calls never returned. One day everything was moving forward and then a week later a letter saying I was denied for a reason I can't figure out... grr

    Was this review helpful?

  • Lender Review
    from Jacksonville, FL Confirmed LendingTree Customer
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender
    Date of Service:
    October 22, 2017
    Loan Closed On:
    November 21, 2017

    Refi

    Very simple process, required documents were minimal and easy to get together. Took less than a month for closing, highly recommend.

    Was this review helpful?

  • Lender Review
    from Harrisburg, PA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender

    a job well donr

    The company did every thing they said they would do, when the first person I started with left the company Sean Mitchell and Michele Deritis step in and took over and everything moved along with out any problems. They told me what I needed and I got it done from my end. then Brannon Harnish closed the deal in a timely manner. I could not ask for better people taking care of business... Read More

    Was this review helpful?

  • Lender Review
    from Hollywood, FL Confirmed LendingTree Customer
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender
    Date of Service:
    February 16, 2017

    Faster than a HELOC

    The process was pretty fast. 3 weeks, compared to 30-35 days for a HELOC. Overall a pleasant experience.

    Was this review helpful?

  • Lender Review
    from Berwyn, PA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender

    Great Process; thanks...wish I called sooner

    This is by far the easiest and fastest loan I have ever closed. Actually wish I called sooner to understand my options. Also really appreciated their focus on customer during the process.

    Was this review helpful?

  • Lender Review
    from Rockville, MD Confirmed LendingTree Customer
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender
    Date of Service:
    September 27, 2017

    very efficient and courteous

    Very efficient and courteous service at all levels and all stages of the process. Easy to review and sign everything online.

    Was this review helpful?

  • Lender Review
    from Colorado Springs, CO Confirmed LendingTree Customer
    (1 of 5)
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    None - we connected, but I didn't move forward
    Date of Service:
    October 23, 2017

    Worst Experience

    Worst customer service ever!!!! Michael Borrero was my LO, and while he may tout 16+ years in the business, apparently he cannot pick up a phone or respond to an e-mail. They botched my appraisal (drive by) and short changed the value of my home even though I told Michael up front and on several occasions that I had just finished the basement. I sent the regional permit information so that he could pass it along to the appraiser to verify and fix it. I waited for two weeks, left multiple messages and e-mails and never heard back from him or anyone else at the company. My credit was 740+, stable employment and low DTI, all the makings of a good loan. But after repeated attempt to obtain information I gave up... they totally blew it. By far the most unprofessional mortgage experience I've ever been subjected to, and just to top things off I'm out $165 for a worthless appraisal... Read More

    Was this review helpful?

  • Lender Review
    from Flagstaff, AZ Confirmed LendingTree Customer
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Home Equity Loan or Line of Credit
    Services:
    Closed loan with this lender
    Date of Service:
    September 13, 2017

    Good job

    I got a home equity loan from Spring eq. I have done this with other lenders, and usually takes 6 weeks. With Spring eq, I had money in the bank in 4 weeks!

    Was this review helpful?

Spring EQ is changing the way you access the equity in your home. No more long, drawn-out paperwork and you'll get a decision in minutes. We'll do most of the work so you can get your money within 15 days!