Lenders › Spring Eq, LLC › Georgia
Spring Eq, LLC in Georgia
HMDA record for properties in Georgia, calendar year 2024. National record · Georgia overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Georgia, Spring Eq, LLC reported 4,578 applications and 1,350 originations for 2024, $123m in all.
Its denial rate in the state was 63.4%, above the Georgia rate of 26.9% across all lenders and compared with the lender's national rate of 64.0%.
The median rate spread on its Georgia originations was 3.7 percentage points (state median 0.4).
Applications in the state were up 8% on 2023.
Compared with the state and the lender's national record
| Measure | In Georgia | Georgia, all lenders | Spring Eq, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 63.4% | 26.9% | 64.0% | 24.3% |
| Median rate spread, pp | 3.7 | 0.4 | 3.7 | 0.3 |
| Originations with spread of 1.5 pp or more | 96.3% | 17.5% | 96.7% | 15.6% |
| Average originated loan | $91k | $313k | $100k | $329k |
| Home purchase share | 0.4% | 57.0% | 1.0% | 57.0% |
| FHA-insured share | 0.0% | 18.3% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 11.6% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateGeorgia, all lenders
Loan purpose and loan type in Georgia
By purpose
Home purchase 0% (5)Home improvement 28% (372)Refinancing 4% (53)Cash-out refinancing 6% (82)Other purpose 62% (838)
By type
Conventional 100% (1,350)
Denial reasons as coded
Share of 2,406 denials in Georgia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Georgia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Fulton County | 527 | 152 | $18m | 64.2% |
| Cobb County | 401 | 120 | $11m | 62.8% |
| Gwinnett County | 460 | 118 | $12m | 68.2% |
| DeKalb County | 277 | 88 | $8.0m | 62.7% |
| Forsyth County | 267 | 88 | $9.9m | 58.2% |
| Cherokee County | 229 | 87 | $8.1m | 53.9% |
| Henry County | 152 | 40 | $3.2m | 69.7% |
| Hall County | 101 | 39 | $3.9m | 50.6% |
| Paulding County | 135 | 38 | $3.1m | 63.4% |
| Chatham County | 107 | 36 | $3.0m | 58.9% |
| Fayette County | 111 | 32 | $3.6m | 63.3% |
| Coweta County | 95 | 32 | $2.9m | 57.9% |
| Walton County | 78 | 26 | $2.1m | 59.4% |
| Douglas County | 90 | 24 | $2.0m | 68.0% |
| Newton County | 66 | 22 | $1.3m | 62.7% |
| Rockdale County | 64 | 21 | $1.9m | 61.8% |
| Clayton County | 102 | 20 | $1.3m | 74.7% |
| Barrow County | 59 | 19 | $1.5m | 54.5% |
| Bartow County | 46 | 18 | $1.6m | 47.1% |
| Jackson County | 48 | 16 | $1.1m | 65.2% |
| Carroll County | 44 | 16 | $970k | 55.3% |
| Bryan County | 38 | 13 | $1.1m | 56.3% |
| Effingham County | 48 | 12 | $1.2m | 65.8% |
| Catoosa County | 47 | 12 | $610k | 65.7% |
| Columbia County | 55 | 11 | $795k | 74.5% |
| Bulloch County | 32 | 11 | $1.0m | — |
| Muscogee County | 37 | 10 | $590k | 65.5% |
| Troup County | 30 | 9 | $555k | — |
| Richmond County | 35 | 8 | $520k | 71.0% |
| Glynn County | 30 | 8 | $670k | — |
| Harris County | 25 | 8 | $430k | — |
| Bibb County | 31 | 7 | $505k | — |
| Camden County | 25 | 7 | $445k | — |
| Walker County | 25 | 7 | $615k | — |
| Houston County | 37 | 6 | $390k | 78.1% |
| Clarke County | 26 | 4 | $390k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Spring Eq, LLC originate in Georgia in 2024?
1,350 loans totalling $123m, from 4,578 applications reported for properties in Georgia.
What is Spring Eq, LLC's denial rate in Georgia?
63.4% of decided applications in Georgia were denied, against 26.9% for all lenders in the state and 64.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Georgia counties does Spring Eq, LLC lend in most?
By originations: Fulton County (152), Cobb County (120), Gwinnett County (118), DeKalb County (88), Forsyth County (88).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Georgia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.