Independent Spring EQ HELOC review: 4.4/5 for heloc. Best for homeowners with less than 20% equity. Current APY: 8.25%.
High-LTV HELOC allowing up to 95% combined loan-to-value. Spring EQ HELOC is offered by Spring EQ and currently holds an average rating of 4.4 out of 5 across 1,890 user reviews. It falls into the HELOC category and tends to be the strongest fit for homeowners with less than 20% equity.
Monthly fee: 2%–3% origination. Minimum to open: $25,000. Current APY: 8.25%. Rates and promotional offers change often, so we re-verify every listed number on a rolling schedule and stamp the review with the date of the most recent check.
For this review of Spring EQ HELOC, our editors funded an account, walked through the full onboarding flow, and compared the experience to the other products in the HELOC shortlist. Scores are not influenced by affiliate relationships — partners cannot pay for better rankings, and our rubric is the same for every brand.
Read our full editorial methodology and advertiser disclosure for more on how we fund our testing and why that matters for the reviews you read here.