Any pre-qualification or “Home EQ” value is in no way a pre-approval, indication of eligibility, or binding underwriting decision. Applicants are typically not required to provide proof of assets, and proof of income may be more extensive for self-employed borrowers. Typical applicants are required to provide a current and valid completed application, proof of income, mortgage statement, home hazard insurance, and a photo ID. ![]() The Q1 2019 Cash-In-Pocket Index™ reported a reduction in debt payments of $513. Quarterly, we calculate The Spring EQ Cash-In-Pocket Index™ which is the average reduction of our customers debt payments where at least one debt was paid off with loan proceeds. Loans above $250,000 require title insurance. ![]() Loans above $175k will require an in-home appraisal. ![]() Income documents may be more extensive for self-employed applicants.
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