What is a Non-QM Bank Statement HELOC?

A Non-QM Bank Statement HELOC is a Home Equity Line of Credit designed for self-employed individuals and investors. Instead of using tax returns to verify income, it allows borrowers to qualify based on deposits shown on their personal or business bank statements.

Who is a good candidate for this type of HELOC?

This loan is ideal for self-employed borrowers, real estate investors, and individuals with non-traditional income sources whose tax returns may not reflect their full cash flow due to business deductions.

What are the benefits of a Non-QM HELOC?

The main benefit is flexible income verification using bank statements, 1099s, or P&L statements. This simplifies the application process and provides access to home equity for those who may not qualify for a traditional HELOC. They are also available for investment properties and second homes.

Non-QM HELOC Loans Using Bank Statements

How a Non-QM HELOC Works

Use Bank Statements

Qualify using 12 or 24 months of personal or business bank statements to verify your income.

Flexible Income

Also accepts 1099s or a CPA-prepared P&L statement, ideal for non-traditional earners.

Tap Into Equity

Access the equity in your primary, second, or investment property quickly and easily.

Tap Into Your Home’s Equity with a Non-QM HELOC

Non-QM HELOC Loans Using Bank Statements as Income — Unlock equity for any purpose, from investments to renovations.

For self-employed borrowers, real estate investors, and those with non-traditional income, our Non-QM HELOC loans provide a flexible financing solution. Unlike conventional HELOCs that require tax returns and W-2s, our Non-QM HELOC options allow you to qualify using bank statements, 1099s, or a CPA-prepared profit & loss (P&L) statement.

With no tax returns required and a streamlined approval process, you can access home equity quickly while enjoying competitive interest rates and flexible terms.

Why Choose a Non-QM HELOC?

Qualify Using Bank Statements – 12 or 24 months of personal or business statements
1099 & P&L Income Accepted – Great for gig workers, independent contractors, and entrepreneurs
No Tax Returns Required – Ideal for self-employed borrowers
Available for Primary, Second Homes & Investment Properties
Flexible Draw Periods & Interest-Only Options
Higher Loan Amounts & CLTV Compared to Traditional HELOCs

Who Can Benefit from a Non-QM HELOC?

Self-Employed Borrowers – Use bank statements or P&L instead of tax returns
Real Estate Investors – Qualify with rental income or DSCR
1099 Contractors & Freelancers – No W-2s required
Second Homeowners – Cash out on vacation or secondary properties

Program Guidelines & Features

Loan Amounts Up to $4M
CLTV Up to 85% for Primary, 80% for Second Homes & 75% for Investment Properties
No Appraisal Required for Loan Amounts Below $400K (AVM valuation)
Available in 1st or 2nd Lien Position
Fixed & Adjustable Rate Options

Unlock your home’s equity without the hassle of traditional income verification. Get a fast approval and flexible funding with a Non-QM HELOC loan today!