Qualified on your bank statements — not your tax returns.

Connect the account your business revenue lands in. Twelve months of deposits verify in about two minutes. No 1040s, no Schedule C, no P&L, no CPA letter — and nothing to download or email.

Digital bank connection, read-only, verified in roughly two minutes
Twelve months of deposits instead of two years of tax returns
Fixed rate, 10 to 30-year terms, principal and interest from payment one
1st, 2nd or 3rd lien — the low rate on your first mortgage stays put
Soft credit pull to pre-qualify, with no impact to your score

Call (949) 751-1870 Text Korbin Email

Offered through West Capital Lending by Korbin Spangenthal, NMLS #2079029. Subject to credit approval, verified property value and program guidelines.

What's available in your home?

Two numbers, thirty seconds. Runs in your browser — nothing is sent and no credit is pulled.

Estimated line available

—

See if I qualify

An estimate, not an offer. Your actual line depends on verified property value, credit, lien position and state.

One business. Two completely different answers.

Every deduction you legitimately take shrinks the income a traditional lender is allowed to count. You did your taxes right — and that is exactly why the bank said no.

Qualified on your tax return

Net profit after deductions is what counts — not what you actually deposited
Equipment write-offs and depreciation cut that number further
Two years get averaged, so a strong year is dragged down by a slow one
A late K-1 from your accountant can stall the file for weeks
A good business on paper still fails the debt-to-income math

Qualified on your bank statements

Twelve months of deposits, connected digitally and read in about two minutes
No 1040s, no Schedule C, no K-1s, no W-2s, no P&L, no CPA letter
No employer to call and no verification of employment
Seasonality reads as seasonality instead of as risk
Your first mortgage and its rate are left completely alone

About qualifying income: deposits are not counted dollar-for-dollar. An expense factor is applied to arrive at the income we can use, and that factor depends on which program fits your file — there is no single number that applies to everyone, so the honest answer is that we run yours. A soft credit pull and a two-minute bank connection gets you a real figure without touching your score. See how the program works

Fixed rate. Fully amortized. No surprises in year eleven.

This is not a teaser line that balloons later. Every draw is fixed when you take it, and every payment pays down principal from the first one.

Fixed, not variable

Each draw is locked at the rate in effect when you take it, on a term of 10, 15, 20 or 30 years.

Principal and interest from day one

Fully amortized on a set schedule. No interest-only period, no balloon, no payment jump later.

Daily simple interest

Interest accrues on your outstanding principal only. Pay down early and you pay less, immediately.

1st, 2nd or 3rd lien

Your existing first mortgage stays exactly where it is. If you refinance later, the line can be subordinated on request.

$25,000 to $750,000

Most lines up to $400,000 close with no appraisal appointment. Above $400,000 requires a full appraisal and stricter qualifying.

No prepayment penalty

Pay it down whenever cash flow allows. Paying the balance down frees the credit back up to draw again.

How it compares

Worth being straight about: this is not always the right tool. Here is where each one wins.

	Bank-statement HELOC	Bank or credit-union HELOC	Cash-out refinance	Business term loan
Income documentation	12 months of bank deposits	Two years of tax returns	Two years of tax returns	Returns plus business financials
Time to verify income	About two minutes	Days to weeks	Days to weeks	Weeks
Effect on your first mortgage	None — it stays put	None	Replaces it at today's rate	None
Rate structure	Fixed per draw	Usually variable	Fixed	Varies widely
Payment	Principal and interest from day one	Often interest-only, then it jumps	Principal and interest	Principal and interest
Typical time to funding	As little as 5 days	Several weeks	30 to 45 days	Days to weeks
Prepayment penalty	None	Sometimes	Rare	Common
What secures it	Your home	Your home	Your home	Business assets, often a personal guarantee
Best when	You have equity, real deposits, and a first mortgage worth protecting	Your tax returns already show the income	Your current rate is higher than today's	You would rather not put the house behind it

No employer to call. Nothing to upload. Read in about two minutes.

If your income arrives as contract payments, platform payouts, settlements or commissions, the whole income file is the bank account they land in — connected read-only and read electronically, start to finish.

No W-2, no pay stub, no verification call

The two documents a bank is built around do not exist for you. This file never asks for them, and nobody phones an agency, a carrier or a platform.

Twelve months of deposits, read as they landed

Weekly payouts, instant cash-outs, factoring advances, quarterly commissions — every deposit into the account you connect, over 12 months, with the slow months visible in context instead of averaged away.

A personal account is fine

Most 1099 earners are paid into personal checking. Say so at the start; it changes how the file is put together, not whether you qualify. No LLC or S-corp required.

Deposits are not counted dollar-for-dollar — an expense factor is applied, and a soft-pull conversation gets you the real number. Start with the page that matches your work:

Rideshare & delivery Owner-operators 1099 nurses & clinicians Freelancers & creators Commission sales reps Real estate agents 1099 + W-2 income All 1099 contractors

Questions self-employed borrowers actually ask

Can I get a HELOC without tax returns?

Yes. A bank-statement HELOC qualifies you on 12 months of deposits into the account your business revenue flows through, instead of on the net income reported on your tax returns. You do not provide 1040s, Schedule C, K-1s, a profit-and-loss statement or a CPA letter. Every application is still subject to credit approval, verified property value and program guidelines.

How long does verification take?

About two minutes. You authorize a secure, read-only connection to the account your revenue lands in and the full 12-month history is returned automatically. There are no statements to download, no PDFs to email, and no documents to request from your accountant.

Do I need a P&L or a letter from my CPA?

No. Neither is required. The income side of the file is built entirely from the bank data you connect, which is why the step that used to take weeks now takes minutes.

Why did my bank decline me when my business is doing fine?

Because a traditional lender has to use your net income after deductions, not your revenue. Equipment write-offs, mileage, home office, insurance and depreciation all legitimately lower that number, and the debt-to-income math is run against the smaller figure.

How many months of bank statements do I need?

Twelve. They come from the account your business revenue is deposited into, and the full twelve-month period is reviewed so seasonal swings read as seasonality rather than as risk.

How much of my deposits count as income?

Not all of it. An expense factor is applied to your deposits to arrive at usable qualifying income, and that factor depends on which program your file fits — there is no single percentage that applies to every borrower. The fastest way to get a real number is a short conversation and a soft credit pull, neither of which affects your score.

Does applying hurt my credit?

Pre-qualification uses a soft credit pull, which does not affect your score. A hard pull only happens later, if you decide to move forward with a full application.

Will this replace my current mortgage?

No. The line can sit in first, second or third lien position, and your existing first mortgage and its rate are left alone. For anyone holding a low rate from a few years ago, that is usually the entire point.

Is the rate fixed or variable?

Fixed. Each draw is locked at the rate in effect when you take it, on a term of 10, 15, 20 or 30 years. Payments include principal and interest from the first payment — no interest-only period and no balloon. Interest accrues daily on your outstanding principal only, and there is no prepayment penalty.

Can I use the money for my business?

Yes. Working capital, equipment, payroll gaps, buying out a partner, or consolidating higher-cost business debt are all common uses. The honest caveat is that it is secured by your home, so business risk becomes household risk.

Do I need an appraisal?

Most lines up to $400,000 close using an automated valuation with no appraisal appointment and nobody walking through your house. Lines above $400,000 require a full appraisal and stricter qualifying.

Which states is this available in?

Properties in 40 states, counting D.C. — the 30 where Korbin is licensed personally and ten more through licensed loan officers on his West Capital Lending team. It is not available in New York, and Texas has its own home-equity rules and a longer required timeline. Second homes and investment properties follow different guidelines.

Guides

Written for the specific situations that bring self-employed borrowers here.

Qualified on your bank statements — not your tax returns.

What's available in your home?

One business. Two completely different answers.

Qualified on your tax return

Qualified on your bank statements

Three steps, start to funded

Apply in minutes

Connect your bank

Sign and fund

Fixed rate. Fully amortized. No surprises in year eleven.

Fixed, not variable

Principal and interest from day one

Daily simple interest

1st, 2nd or 3rd lien

$25,000 to $750,000

No prepayment penalty

How it compares

If your income is real but your 1040 hides it

No employer to call. Nothing to upload. Read in about two minutes.

No W-2, no pay stub, no verification call

Twelve months of deposits, read as they landed

A personal account is fine

A real person, on your timeline

Korbin Spangenthal

Questions self-employed borrowers actually ask

Guides

Already have a second loan, a HELOC or solar on the house?

Paid on a 1099? Start with your kind of work.

In Florida? Start with your metro. Elsewhere, start with your state.

Send your numbers. Get a real answer.