This week I was curious to see what consumers were going through trying to get a loan.  I had a situation where I became aware of someone who had the option to apply for a Home Equity loan or pay cash for a transaction.  They chose to apply for a Home Equity loan. They wanted the loan approved based on the fact that they had more than enough equity in their home and more than enough assets to cover the amount of the loan.  The lending institution still came back to them and wanted more proof of monthly income.  I was left wondering just how hard it is for the average citizen to obtain a loan today.  It appears as though regardless if you have enough money in the bank or assets to cover the loan you must still show proof that you have the monthly flow of income to make the payments on the loan.  I find this interesting information for retirees and others who live off of investments and self-employed persons who may not necessarily be able to show a consistent monthly cash income but there is no doubt they can afford the payment.  Buyers be aware!