If I go to my bank and ask for some money to do some renovations i.e. $5,000 but I have a lot of equity then would that be just a simple thing of them working out the value of the home roughly and them handing over the cash or would they dissect my details and want to know how much I'm making, then treat it like a loan application etc etc?
Borrowing off Equity to do Renovations
- Thread starter rachels
- Start date
Should be a painless process at that level, have you set up a LOC yet?
Hiya
Most lenders will want some evidence of income still
ta
rolf
Most lenders will want some evidence of income still
ta
rolf
