I am using my moms home equity for a cash loan....I am the primary holder of loan and my mother is a co-signer. My mother lives in the home that we are using for equity, do I need to live there too in order to get approved? The reason I ask is because I applied at capital one and everything was clearing and all of a sudden they denied me at the last minute saying it was because I didn't reside in the home we are using equity against. Is every lender the same way?