Quick answer: which HELOC program fits you
The right HELOC program depends on how you earn. W-2 earners usually qualify on pay stubs and tax returns; self-employed borrowers can use tax returns with add-backs, bank statements, a P&L or 1099s; retirees can use asset depletion; and investors can open a line on a rental or LLC-owned property.
- Self-employed: self-employed HELOC, bank statement, P&L, 1099, 1 year self-employed.
- Retirees and high net worth: asset depletion HELOC.
- Investors: investment property HELOC and LLC-owned property.
- Faster closing: no-appraisal HELOC on eligible files.
- Typical limits: up to 85% combined loan-to-value on a primary home (90% in certain cases), DTI up to 50%, credit down to 600 with compensating factors.
Choose your program
Self-Employed HELOC
Home equity lines for business owners and 1099 earners — income read correctly, with full-doc, bank statement, and no-doc paths.
Bank Statement HELOC
Qualify on 12–24 months of bank deposits instead of tax returns. Built for the self-employed.
No-Doc HELOC
Access equity with minimal income documentation — bank statement, asset-based, and DSCR paths.
Investment Property HELOC
Tap the equity in a rental with a revolving line — without touching your first mortgage.
No-Appraisal HELOC
Skip the in-person appraisal on eligible homes — automated valuation, lower costs, faster close.
1099 HELOC
Qualify on your 1099 income instead of Schedule C net profit. For contractors, agents, and gig workers.
P&L HELOC
Qualify on a CPA-prepared profit and loss statement instead of tax returns.
1-Year Self-Employed HELOC
Self-employed less than 2 years? One year can work with strong cash flow.
Asset Depletion HELOC
Qualify on savings, brokerage, and retirement balances instead of income.
HELOC on LLC-Owned Property
A line on a rental held in your LLC, without deeding it to yourself.
Home Equity Investment (HEI)
Cash from your equity with no monthly payments, in exchange for a share of future value.
Programs by state
Minnesota
Arizona
California
Maryland
Virginia
Talk to a licensed HELOC lender
Get a rate estimate or ask a question — direct answer from Audi Garner, Branch Manager & Broker (NMLS #190235). No sales pitch. No hard credit pull.
Get a 60-second rate estimate
Soft pull only. See your rate estimate instantly.
Ask Audi a HELOC question
Direct answer from a licensed originator. Usually within 1 business day.
