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.
