Try another bank and let this bank be a last resort or don't applyat all. I applied for a secured loan that I was approved for until the underwriter got it. He asked for a million documents, all of which I provided to him. Out of nowhere I got a call saying that I was denied using some excuse that I could not even understand. I had to email the bank to have someone call me to explain the denial. I'm still waiting for that call. I have excellent credit. I own three homes already. I have no late payments, collections or leins on my report. My credit is wat I would call super clean. I was only applying for $50K, which was secured from another property that I have more than $100k in equity!
Do not go to this bank!!!! It's a waste of time, paperwork and effort. If they can't approve a secured loan for $50k for someone with excellent credit history and plenty of eqity to cover the loan, GOD help them. I'm sure they'll get bought out by another bank very soon is this is their practice.