Home / HELOC / Deposits can qualify the line. The tax return does not have to.
Updated September 2026
HELOC guide
Deposits can qualify the line. The tax return does not have to.
A self-employed HELOC does not have to die on a write-off. The bank-statement screen uses deposits, can go up to $1 million, and allows LLC vesting, asset use, and non-warrantable condos. Full-doc still exists if the return is clean and prices better. A DSCR HELOC is the third path when the property is a rental and the rent should be the income. Tell us which story is true. Sending all three piles of paper does not make the file faster. States are still only GA, FL, TN, AL, NC, and SC.
Sending a file is not an approval and not a credit pull. We text the same business day. We do not call. If we can structure it, we name the door. If we cannot, we say so.
The screen
| Income path | What we read |
|---|---|
| Bank statements | Deposits, up to $1M line |
| Full doc | Returns, if they actually help |
| DSCR HELOC | Rent, up to $1M first or $500k second |
| Still required | Credit, value, state, first-mortgage statement |
What we fund
- Owners whose returns do not match the business
- A rental that should not be underwritten like a job
- Non-warrantable condos
What we still need. Short list.
- The first mortgage balance, rate, and whether it can stay.
- A value we can support, and the cash you actually want.
- The property state. HELOC is only GA, FL, TN, AL, NC, and SC.
- Income path: full doc, bank statements, or rent on a DSCR HELOC.
Questions
How many months of statements?
The screen will say 12 or 24. Have them, but do not upload them on the first form.
Do transfers count as deposits?
Not if they are just you moving money between your own accounts. The program wants income, not circulation.
Can the business be new?
Bank-statement programs want history of deposits. A two-month business is a different conversation.
Related
These are the guidelines we screen. They are not a promise that your file hits the maximum. Credit-event seasoning, occupancy, and property condition still have to be confirmed. Not a commitment to lend. We text. We do not call.