Spring EQ appoints new senior executives to bolster growing wholesale lending team

Leading home equity lender promotes Paul Saurbier to Senior Vice President and welcomes Shawn O’Brien to Vice President of Sales

Spring EQ, a leading real estate lender, today announced the appointment of Paul Saurbier as Senior Vice President of its Wholesale Lending Division. Shawn O’Brien joins the company as Vice President of Wholesale Lending Sales.

“As the market braces for rising mortgage rates, we are delighted to have Paul and Shawn – both highly qualified and seasoned professionals with decades of experience – leading our wholesaling team. throughout a busy and successful year,” said Jerry Schiano, CEO of Spring Equalizer. “They will both play a vital role in enabling Spring EQ to help borrowers achieve their financial goals and meet their growing home equity needs in 2022.”

Saurbier joined Spring EQ in 2019 as Vice President of Sales where he co-created a new wholesale division for the company. In his new role as Senior Vice President of Wholesale Lending, he will be responsible for the division’s overall results and profitability. Saurbier has over 30 years of experience in the mortgage industry and has held senior positions in several companies including Quicken Loans, HSBC, Indymac Bank, Key Bank and GE Capital.

O’Brien brings nearly 30 years of industry experience to his new role as Vice President of Sales for Spring EQ’s Wholesale Lending Group, where he will manage the sales team and partner relationships. Most recently, O’Brien served as a division vice president for Quicken Loans, where he spent more than a decade of his career. Previously, he held positions at HSBC and various mortgage banking companies.

About Spring EQ

Spring EQ is a national first and second tier mortgage lender specializing in refinance, home equity lending and home equity line of credit products directly to consumers and through mortgage brokers. Based in Philadelphia, Spring EQ has been among the fastest growing and most awarded lenders since its inception in 2016. Spring EQ is built on a transparent, simple, and digital process that results in faster funding, reliable loans, and less frustration for today’s consumers.

To become an authorized partner, go to www.wholesale.springeq.com.

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