@Anonymous wrote:
Maybe call and explain the situation about the bank statements......i would think all they would care about is the income to make sure you can pay it back.......I never understood why banks (or lenders) want to see bank statements.....is it because they want to see spending habits or are they asking for savings account statements to see if you have extra money saved up?. I know for my husband and I we use our checking for nothing but bills pretty much so at the end of the month there is no money left in it to show anyone! I havent applied for the LOC yet but im sure if you call NFCU they will be willing to work with you one way or another. Good Luck!
Another question is what if you dont have a bank account and thats why you applied to NFCU to open a checking account and then decide to app for the LOC what happens in that case. Or send in paystubs for both your DH and you but just send in your bank statements since you cant for DH? I dont know because I guess I dont understand what lenders are looking for when requesting bank statements. Definitely call and im sure it will get figured out.
You're so sweet trying to help me figure this out. DH's is a business account (he doesn't have a personal account) and it's frozen, can't get into it online, etc. I have my own personal account.
