Home Equity Loans

Tap your equity without touching your first mortgage — or your tax returns.

A home equity loan, or standalone second mortgage, lets you turn the equity you’ve built into cash while keeping your existing first mortgage exactly where it is. And if you’re self-employed, you can qualify on bank statements or assets — no tax returns required.

Home equity loan terms at a glance

All figures shown are maximums, with exceptions considered case-by-case. Final terms are quoted per deal and depend on your equity, credit, and the program that fits your file.

Keep your low first-mortgage rate

If you locked a low rate on your first mortgage, a cash-out refinance means giving it up. A second mortgage doesn’t. You borrow against your equity with a separate closed-end second and leave your first loan — and its rate — completely untouched. It’s the difference between adding a loan and resetting your whole mortgage.

Qualify without tax returns

This is where a non-QM home equity loan stands apart. Rather than demanding W-2s and returns, our no-income-verification and bank-statement second mortgages let self-employed owners qualify on 12 or 24 months of deposits, or on assets — the same flexible documentation behind our bank statement and asset depletion programs.

What a home equity loan can do

• Borrow up to 90% combined loan-to-value
• Loan amounts from $75,000 to $750,000
• Qualify with full docs, 1099s, bank statements, or assets — no tax returns where alt-doc applies
• Keep your existing first mortgage and its rate in place
• Credit from the high-600s
• DSCR second mortgages available for investment property

Every figure above is a program maximum, not a guarantee — your actual terms depend on your equity, credit, and documentation. We’ll quote real numbers once we see your file.

Home equity for investment property

Investors can pull equity from a rental without refinancing the first lien, too. A DSCR second mortgage qualifies on the property’s rental cash flow — not your personal income — so you can redeploy equity into the next deal. It pairs naturally with our DSCR rental loans.

How it works

• Tell us your home’s value, your first-mortgage balance, and how you’re paid.
• We calculate your available equity and the documentation path that fits — full doc, bank statement, or asset.
• We structure a closed-end second that leaves your first mortgage in place.
• You get a clear, written approval and close on your timeline.

Not sure a second is right versus pulling cash through a refinance? Tell us your situation and we’ll show you which math works — part of our full range of non-QM lending options.

Frequently asked questions

Can I get a home equity loan without income verification?

Yes. No-income-verification and bank-statement second mortgages let you qualify on deposits or assets instead of tax returns and W-2s, with combined loan-to-value up to 90%.

Can self-employed borrowers get a home equity loan?

Yes. Self-employed owners can tap equity using 12 or 24 months of bank statements, or assets, instead of tax returns — ideal when write-offs make taxable income look low.

Can I get a second mortgage without refinancing my first?

Yes. A standalone second mortgage — a closed-end second — lets you borrow against your equity while leaving your existing first mortgage, and its rate, untouched.

Can I get a home equity loan on an investment property?

Yes. A DSCR second mortgage lets investors pull equity from a rental, qualifying on the property’s cash flow rather than personal income, typically up to 75% combined loan-to-value.

How much can I borrow with a home equity loan?

Loan amounts run from $75,000 to $750,000, up to 90% combined loan-to-value, with credit from the high-600s. Your maximum depends on your equity, credit, and the program.

Your equity is yours to use. Tell us what you’re working with and we’ll show you how much you can pull — without resetting your first mortgage.