1. If you are salaried: provide two years W-2 and one month of paystubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement.
2. If you own rental property, please provide rental agreements and two years tax returns.
3. Please provide a copy of the note on your [...]
Read more about If you are applying for a home equity loan »
1. If you are salaried: provide two years W-2 and one month of paystubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement.
2. If you own rental property, please provide rental agreements and two years tax returns.
3. If you wish to speed up the approval process, [...]
Home Equity Fixed Loan
Advantages:
- Fixed payments
- Interest may be tax deductible
Disadvantages:
- Higher interest rates than on 1st mortgages
- Harder to refinance your first mortgage
Read more about Home Equity Fixed Loan (Advantages & Disadvantages) »