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Use Bank Statements to Tap Into Your Home’s Equity
Bank Statement Second Mortgage – Up to 80% CLTV
If you're self-employed and need to access your home’s equity, our Bank Statement Second Mortgage is the perfect fit. This program allows you to qualify using 12 or 24 months of bank statements — with no tax returns or W-2s required. Borrow up to $500,000, with CLTVs up to 80%, and keep your first mortgage in place. It's ideal for primary residence borrowers who want to renovate, consolidate debt, or invest — without the hassle of full documentation.
FAQs
Can I qualify without tax returns?
Yes! You’ll use bank statements only (12 or 24 months). No tax returns or P&Ls are required.
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What kind of property can I use this for?
This program is for primary residences only.
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Is an appraisal needed?
AVMs are accepted for loan amounts under $250,000, as long as the confidence level is at least 80%.
Self-Employed and Need a Second Mortgage? You’re Not Alone
Many homeowners today have strong equity but get turned down for second mortgages because they’re self-employed. Traditional lenders ask for tax returns and profit-and-loss statements that may not reflect your true income. That’s where our Bank Statement Second Mortgage comes in.
Instead of judging you on tax paperwork, we qualify you based on real bank deposit activity. That means faster approvals, fewer headaches, and a financing path that works with how you actually earn.
Why Borrowers Choose This Bank Statement Second Mortgage
This program offers the flexibility of bank statement qualification — combined with the power of a second mortgage. You'll get:
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Loan amounts from $200k to $500k
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DTI up to 45%
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Fixed terms between 10–30 years
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No tax return requirement
It’s the smart way to unlock your home’s equity while keeping your existing mortgage intact. If you're a self-employed homeowner ready to make moves, this is the tool built just for you.