HELOCs (adjustable-rate or fixed-rate line of credit)
- Borrower Paid Compensation (BPC) is available.
- Your compensation is calculated and paid on the initial draw amount.
- We accept submissions with BPC range of 0% - 4% of the draw amount.
- Fixed-Rate HELOC only - Lender Paid Compensation (LPC) option is also available. Your fee is paid by Spring EQ in the amount equal to your compensation election on file.
HELOANs (fixed-rate, lump-sum loan)
- Borrower Paid Compensation (BPC) or Lender Paid Compensation (LPC) is available.
- We accept submissions with BPC range of 0% - 3% of the loan amount.
- LPC - Your fee is paid by Spring EQ in the amount equal to your compensation election on file.
This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.
Mortgagee Clause: Shellpoint Mortgage Servicing ISAOA/ATIMA PO Box 7050, Troy, MI 48007-7050
1 West Elm St, Ste 450 Conshohocken, PA 19428-4152, 888-605-2588