Unfair lending
August, 26, 2026 I applied for a home equity loan on August 3, 2026. No doubts from Mr. Linear that everything was all set and we'd close in 1-2 weeks. Underwriting wouldn't finalize without verification from both employers, however I explained the second employer is unreliable at best because we separated on less than ideal terms. I offered 6 months of paystubs as a substitution. It was rejected. Then it was decided my current employer, where I've been since 2010 wasn't appropriate because i changed from full-time to part-time earlier this year. They stated I needed 2 years in the position. Then, it was decided the second employer income could not be counted as I had separated from the company this year. My total income was reduced because there was no credit for 6 months with another agency. I've asked for everything to be evaluated as a whole, and for the lender to credit 16 years with the same company, 30 years in the industry, and my loan history with the same lender. While I understand it may be a rule, I feel there should be a bit of common sense applied. In addition I wasn't offered a bank statement loan, or alternate proof of income. Furthermore to this date I haven't received a denial letter as required by the ECOA.