Applying for a Home Equity Loan
POSTED IN ADVICE ON WEDNESDAY, NOVEMBER 26, 2014
What should you bring to apply for a Home Equity Loan?
Applying for a home equity loan can be a confusing process. Veridian is here to offer guidance on what you need to bring with you to apply.
When applying for a Home Equity loan, you will need to provide the following documents:
- Income information – your most recent paystubs and previous two years W2s
- If you are self-employed, two years signed Federal Income Tax Returns
- Insurance information – a copy of your homeowner's insurance policy
- Mortgage information – a statement for any mortgages not being paid off detailing your payment in terms of principle, interest, taxes, and insurance