Bank Statement Home Equity Loans
Have a low rate and don’t want to touch it? Get a Bank Statement Home Equity Loan to get cash-out today!
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Bank Statement Home Equity Loan: Program Highlights & Borrower Benefits
Our Bank Statement Home Equity Loan (HELOAN) is designed for self-employed borrowers who want to access equity without providing traditional tax returns.
Instead of qualifying based on W-2 income or net income after write-offs, we use 12–24 months of bank statements to determine your true earning power.
If you run a business and show strong deposits, this program works in your favor.
Tap your equity without being penalized for smart tax planning.
Program Features
Loan Amounts: $100,000 to $1,000,000 (varies on loan to value)
Occupancy: Owner-occupied, second home, and non-owner occupied available
Min Credit Score: 660+ (680+ preferred for better terms)
Property Types: Single family residence, condo, 1-4 units
Max CLTV: Up to 85% combined loan-to-value depending on profile
Occupancy: Non-owner occupied (investment only)
Income Documentation: 12–24 months of personal or business bank statements, CPA P&L
Loan Type: Fixed-rate second mortgage (separate from your first loan)
Tax Returns: Not required
Reserves: Typically 3–6 months required
No refinance required.
Keep your low first mortgage rate.
Access equity strategically.
Your deposits tell the story — not your deductions.
Program Highlights
Loan Amounts: $100,000 to $1,000,000 (varies on loan to value)
Min Credit Score: 660+ (680+ preferred for better terms)
Max CLTV: Up to 85% combined loan-to-value depending on profile
Income Documentation: 12–24 months of personal or business bank statements, CPA P&L
Tax Returns: Not required
Occupancy: Owner-occupied, second home, and non-owner occupied available
Property Types: Single family residence, condo, 1-4 units
Loan Type: Fixed-rate second mortgage (separate from your first loan)
Reserves: Typically 3–6 months required
No refinance required.
Keep your low first mortgage rate.
Access equity strategically.
Your deposits tell the story — not your deductions.
How It Works
Apply Online
Get Approved
Fund
Apply Online
Get Approved
Fund
Equinox Makes Equity Access Strategic
At Equinox, we understand self-employed borrowers:
- Write off aggressively
- Have variable monthly income
- Carry multiple revenue streams
- Don’t qualify under traditional DTI models
We analyze deposits carefully before submission to:
- Strengthen income calculation
- Avoid underwriting surprises
- Protect approval speed
- Preserve your first mortgage rate
Because refinancing at a higher rate just to pull cash rarely makes sense.
Smart borrowers protect low-rate debt.
Why Choose a Bank Statement Home Equity Loan?
If you have equity and strong deposits, you may qualify.
Equity should be usable — not trapped.
When This Loan Is NOT a Fit
If your bank deposits are inconsistent
Sometimes cash-out refinance is smarter.
Sometimes a second lien is smarter.
We structure what’s optimal — not just what’s available.
We are the Alternative Mortgage Financing Experts.
Funded Home Loans
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Application to Closing Conversion
Funded Home Loans
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Application to Closing Conversion
Answers to Your Questions
What is a Bank Statement Home Equity loan?
Is My Credit Score a Factor in Getting Approved?
What Kind of Loan Terms Do You Offer?
How Do I Get Qualified?
What Type of Properties Can I Finance?
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