Mortgage Lender Index

SPRING EQ, LLC

SPRING EQ, LLC received 108,788 applications in 2025 and made 32,174 mortgages, in 2,396 counties across 51 states. The median rate its borrowers got was 9.200% on a median loan of $85,000. Of 90,087 decisions, 55,716 were denials — 61.9%, most often for credit application incomplete.

Legal Entity Identifier549300PIL8LFAQ04XC20
Applications received108,788
Mortgages made32,174
Denied55,716
Approved, not taken up2,197
Withdrawn or incomplete18,701
Loans bought from other lenders1,412
Median rate spread over the prime offer rate3.1725 points
FDIC-insured bankThis lender is not an FDIC-insured bank under this name: a mortgage company, a credit union, or a bank filing under another name.

By loan purpose

PurposeMortgages madeMedian rateMedian loanDenied
Home purchase371 8.450%$135,000 64.0%
Refinancing1,660 8.875%$125,000 54.6%
Cash-out refinancing3,596 9.150%$125,000 56.6%
Other purposes26,547 9.225%$75,000 62.8%

Where SPRING EQ, LLC lends most

The 50 counties where it made the most mortgages in 2025. Each county page ranks every lender there.

CountyMortgages madeMedian rateDenied
Los Angeles County, CA 1,2398.625%62.5%
Maricopa County, AZ 1,1148.950%55.8%
San Diego County, CA 7908.625%56.6%
Riverside County, CA 6879.125%59.9%
Orange County, CA 5238.175%60.5%
San Bernardino County, CA 4749.113%61.1%
Sacramento County, CA 4169.238%55.6%
Clark County, NV 3609.288%48.2%
Cook County, IL 3329.875%66.9%
Contra Costa County, CA 2528.950%57.9%
Broward County, FL 2488.863%70.0%
Miami-Dade County, FL 2489.088%71.7%
Orange County, FL 2169.263%59.9%
King County, WA 2148.900%60.4%
Palm Beach County, FL 2088.863%71.0%
Harris County, TX 2029.838%66.7%
Ventura County, CA 1908.650%56.9%
San Joaquin County, CA 1899.550%59.9%
Pierce County, WA 1849.238%58.6%
Prince George's County, MD 1829.850%65.6%
Hillsborough County, FL 1709.300%70.1%
Pima County, AZ 1698.925%55.5%
Snohomish County, WA 1659.100%55.6%
Mecklenburg County, NC 1629.050%58.6%
Placer County, CA 1618.925%53.0%
Fresno County, CA 1599.125%62.8%
Salt Lake County, UT 1508.700%57.4%
Stanislaus County, CA 1429.500%58.5%
Alameda County, CA 1398.225%67.0%
Gwinnett County, GA 1389.137%64.7%
Anne Arundel County, MD 1349.638%53.6%
Monmouth County, NJ 1338.625%59.1%
Fulton County, GA 1319.000%64.9%
Ocean County, NJ 1279.250%59.3%
Santa Clara County, CA 1268.175%65.7%
Oakland County, MI 1259.225%64.8%
Kern County, CA 1239.650%64.0%
Cobb County, GA 1219.150%61.2%
Tarrant County, TX 1219.325%71.0%
Wake County, NC 1209.075%59.7%
Collin County, TX 1209.388%69.1%
Pinal County, AZ 1179.300%59.5%
Bergen County, NJ 1178.950%62.4%
Solano County, CA 1169.100%62.2%
El Paso County, CO 1169.263%59.4%
Dallas County, TX 1169.363%70.6%
Baltimore County, MD 1139.468%65.4%
Burlington County, NJ 1139.125%52.6%
Adams County, CO 1129.488%56.9%
Clark County, WA 1099.200%55.2%

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When SPRING EQ, LLC’s figures are published for the next year, or restated.

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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.