hi all,
Question about proof of funds, is it possible to demonstrate proof of funds through refinancing my home loan?
My home loan total is say $500,000. I have paid off $200,000. Can I refinance my mortgage and basically re draw from my home loan (only the amount needed for my application) to demonstrate proof of funds and have the money for my application.
Thanks in advance.
Question about proof of funds, is it possible to demonstrate proof of funds through refinancing my home loan?
My home loan total is say $500,000. I have paid off $200,000. Can I refinance my mortgage and basically re draw from my home loan (only the amount needed for my application) to demonstrate proof of funds and have the money for my application.
Thanks in advance.