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HOME EQUITY LOAN APPLICATION Important Applicant Information: Federal law requires financial institutions to obtain sufficient information to verify your identity.
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A home equity loan application is a request for a loan that uses the borrower's home equity as collateral.
Individuals who own a home and wish to borrow against the equity in their property are required to file a home equity loan application.
To fill out a home equity loan application, you will need to provide personal and financial information, including details about your home and existing mortgage.
The purpose of a home equity loan application is to access funds that are tied up in the equity of your home for things like home improvements, debt consolidation, or other expenses.
Information that must be reported on a home equity loan application includes personal information, income details, property information, and details about the loan being requested.
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