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- – Just One Click = Today’s HELOC Rates. Yes, it is possible to get a second mortgage without documenting your income. Most lenders will require that you have approximately 20% equity in your property (after closing on the second mortgage) and the rate typically will not be as favorable as when income documentation is provided.
Could personal loans from fintech firms give credit cards a run for their money? – This type of lending was once mainly used by riskier borrowers without access to credit cards or home-equity loans. Now, whizzy smartphone apps. and the amount households spend on debt relative to.