Spring EQ: 2025 loan data
Spring EQ's 2025 at a glance, from the public report every mortgage lender files each year.
Filed as SPRING EQ, LLC
- Home loans closed32,174Loans it funded in 2025
- Approval rate38.2%Of applications it said yes or no to
- Typical loan costs$2,156.87Middle amount, before taxes, prepaids and escrow
- Typical lender fees$799.00Its own charges to make the loan
These describe the lender's past loans. They are not a quote or a promise for your loan.
How these numbers are counted
Reported application outcomes and pricing, 2025
- Filed asSPRING EQ, LLC
- 2025 home loan decisionsOf 90,087 applications decided by SPRING EQ, LLC in 2025, 32,174 were originated, 2,197 were approved but not accepted by the borrower, and 55,716 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 38.2%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 13,869 applications were withdrawn by the borrower, 4,832 were closed for incompleteness, and 1,412 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread3.173 percentage points above the average prime offer rate (reported on 32,174 originations)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$2,156.87 — originated closed-end household loans, 2025, 10,485 of 20,407 loans. FFIEC HMDA data browser.
- Median origination charges$799.00 — originated closed-end household loans, 2025, 20,407 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types32,174 Conventional — of 32,174 reported originations, 2025. FFIEC HMDA data browser.
Evidence read November 11, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for SPRING EQ, LLC — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.