Home Equity Loans for Self Employed Borrowers

Self-employed homeowners may access home equity through specialized programs that evaluate alternative income documentation rather than traditional tax return income. We can underwrite these traditionally off of your tax returns for the best terms, but we can also underwrite your income off of your business bank statements.  In many cases, this is easier for the client to qualify based on because the tax returns employed a strategy that reduced taxable income below a level where you could qualify for the loan.  Business bank statement income underwriting typically yields a higher cashflow figure, and that increases your borrowing power.

Documentation Options

• Bank statements
• Tax Returns

These programs can provide flexibility for entrepreneurs whose income varies year to year.