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Mortgage company · complaint record

Spring Equity complaints

Consumers have filed 47 complaints about Spring Equity since 2017, 5 of them in the last 12 months. It answered 80% on time and closed 60% with relief for the customer. The most common problem is applying for a mortgage or refinancing an existing mortgage.

Rated once a company has 25+ complaints in 12 months. How it works

Complaints on record
47

Since May 2017

Last 12 months
5

new vs the year before

Answered on time
80%

Industry: 96%

Closed with relief
60%

Typical mortgage company: 5%

Last 30 days
0

Newest: Jul 30, 2026

Rank
#193 of 595

Most complained-about mortgage lenders & servicers

Spring Equity complaints by month

The busiest month was September 2022 (3 complaints). Complaints rise with a company's size and with news, so compare trends rather than totals.

How Spring Equity answered all time

  • Closed with monetary relief1021.3%
  • Closed with non-monetary relief714.9%
  • Closed with explanation3063.8%

"Closed with explanation" means the company replied but gave no money back and changed nothing. What each answer means

What Spring Equity complaints are about

Top Spring Equity problems

Inside "Applying for a mortgage or refinancing an existing mortgage"

  • Delays in the application process 3
  • Application denials 1
  • Trying to communicate with the company to fix an issue with the application process 1
  • Confusing or misleading advertising or marketing 1
  • Changes in loan terms during the application process 1

Where Spring Equity complaints come from

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Complaints per 100,000 peopleFewerMore

Most complaints: California (11), Florida (6), Maryland (5), Virginia (3), Pennsylvania (3).

Spring Equity compared with other mortgage lenders & servicers

#CompanyScore12 monthsChangeOn timeReliefGrade
1Midwest Loan ServicesMortgages5029+53%100%0%C
2Truhome SolutionsMortgages4328+155%96.4%4%D
3NEXA MortgageMortgages828+22%46.4%0%F
4HilltopMortgages5128+40%100%0%C
5Land Home Financial ServicesMortgages2127+8%92.6%0%F
6First United Bank and TrustMortgages6027-31%100%0%C
7A&D MortgageMortgages4525+79%96%4%D
8Spring EquityMortgages-5new80%60%-

Compare side by side: Spring Equity vs Midwest Loan Services · Spring Equity vs Truhome Solutions · Spring Equity vs NEXA Mortgage · Spring Equity vs Hilltop

What people say about Spring Equity

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Latest Spring Equity complaints

Full log
ReceivedAboutIssueStateAnswerOn time
Jul 30, 2026MortgagesClosing on a mortgageChanges in loan terms during or after closingVAExplainedYes
Apr 28, 2026Credit reportingImproper use of your reportCredit inquiries on your report that you don't recognizeNVFixedYes
Apr 4, 2026MortgagesApplying for a mortgage or refinancing an existing mortgageTrying to communicate with the company to fix an issue with the application processCAFixedNo
Feb 10, 2026MortgagesApplying for a mortgage or refinancing an existing mortgageDelays in the application processCAFixedYes
Nov 19, 2025MortgagesApplying for a mortgage or refinancing an existing mortgageConfusing or misleading advertising or marketingALExplainedYes
Nov 11, 2025MortgagesClosing on a mortgageDelays with the closing processFLExplainedYes
Oct 21, 2025MortgagesClosing on a mortgageDelays with the closing processCAExplainedYes
Mar 26, 2025Credit reportingProblem with a company's investigation into an existing problemTheir investigation did not fix an error on your reportMDExplainedYes
Jan 19, 2025Credit reportingProblem with a company's investigation into an existing problemProblem with personal statement of disputeMDFixedYes
Jan 7, 2025MortgagesApplying for a mortgage or refinancing an existing mortgageChanges in loan terms during the application processCAExplainedYes
Nov 4, 2024MortgagesApplying for a mortgage or refinancing an existing mortgageDelays in the application processCAExplainedYes
Aug 7, 2024Credit reportingImproper use of your reportReporting company used your report improperlyFLFixedYes

Questions about Spring Equity

How many complaints does Spring Equity have?

Spring Equity has 47 complaints on record since May 2017, including 5 in the last 12 months and 0 in the last 30 days. That makes it number 1,875 of every company by complaints this year.

Does Spring Equity respond to complaints?

Yes. Spring Equity answered 80% of its complaints on time (within 15 days) and closed 60% with relief - money back or a fix; 0% ended with money back. The rest were mostly closed with an explanation only.

What do people complain about most with Spring Equity?
Is Spring Equity legit?

Spring Equity is a real company with a public complaint record: consumers have complained about it 47 times and it answers through the official complaint process. Whether it is right for you depends on the details - see is Spring Equity legit? for the signals, red flags and how to protect yourself.

How do I file a complaint against Spring Equity?

Complain to Spring Equity in writing first and keep a copy. If it isn't fixed, file an official complaint with the federal consumer financial regulator - the company must answer, usually within 15 days. Our step-by-step guide: how to file a complaint against a company. Then share your experience here so others know.

Where do most Spring Equity complaints come from?

Most come from California (11), Florida (6), Maryland (5). Big states file more complaints, so the map shows complaints per 100,000 people.

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Complaint records are public consumer complaints filed with U.S. regulators, checked (newest received Nov 15, 2026). Complaints are consumers' own accounts and are not verified; counts grow with a company's size. How the data works

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