Quote:
Originally Posted by dgoldenz
If you already have these lines of credit approved elsewhere that is probably why they want to see your income because they are concerned about debt to income ratio. I don’t see why it’s unusual for them to want your tax returns when you’re asking for a large loan amount. My bank put me through the wringer just to get a $25k HELOC increase when I already had an existing six figure credit line. That’s how it goes when the lending market is bad.
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Actually, it was so comical that even a one pay lease still requires a tax return.
A one pay is $165k up front on a 220k car.
Get real.