Bank Statement (12 or 24 Month)
We use personal or business bank deposits to calculate income, bypassing tax returns entirely. Ideal for business owners who maximize write-offs.
HELOC
HELOC. Revolving access
to your home equity.
Access your equity without disturbing your existing mortgage rate. The ideal solution for homeowners with historically low rates.
Start your application↗01Preserve your rate
You refinanced at 3%.
Keep it.
Millions of homeowners are sitting on record levels of equity but refuse to access it because they do not want to give up a historically low first mortgage rate. A Home Equity Line of Credit (HELOC) solves this.
By placing a revolving line of credit in second position, your first mortgage remains completely untouched. You only pay interest on the funds you actively draw, making it an efficient way to access capital for business investment, real estate acquisition, or liquidity reserves.
Product structure01
- 01Home equity
- 02Second-lien credit line
- 03Draw only when needed
CAPITALSOURCE↗
02Qualification paths
How we qualify complex income
Conventional HELOCs require W-2s and tax returns. Our programs are built around how self-employed and high-net-worth individuals actually hold their wealth.
Qualification pathHow it works
DSCR (Investment Properties)
Qualify based purely on the cash flow of the investment property itself. No personal income calculations required.
Asset Depletion
For high-net-worth borrowers with significant liquid assets but low documentable monthly income. We divide eligible assets to create a qualifying income stream.
P&L Only
Self-employed borrowers using CPA-prepared profit & loss statements to demonstrate business health.
03The advantage
The CapitalSource HELOC advantage
We deliver structured equity solutions that go far beyond the strict limitations of retail banking.
High Credit Limits
Access line amounts up to $2,000,000, providing serious capital for significant investments.
Flexible Property Types
Available on primary residences, second homes, and non-owner occupied investment properties.
Interest-Only Draw Periods
Maximize cash flow by paying only the interest on the funds you actively use during the initial draw period.
No Tax Returns Required
Alternative documentation paths mean your complex tax strategy will not stop your approval.
04FAQ
Frequently asked questions
What is the difference between a HELOC and a cash-out refinance?+
A HELOC is a revolving line of credit secured by your home equity. You draw from it as needed and only pay interest on what you use. Your existing mortgage stays in place. A cash-out refinance replaces your existing mortgage with a new, larger loan and delivers the difference in cash at closing. If you have a low rate you want to protect, a HELOC is usually the right structure. If you need a large lump sum and your rate situation allows for a refinance, cash-out may make more sense.
Do I have to refinance my existing mortgage to access my equity?+
No. A HELOC sits behind your existing mortgage as a second lien, so your first mortgage rate is untouched. This is the right structure for borrowers who refinanced at historically low rates and do not want to give them up.
What credit score do I need?+
It depends on the program. Non-QM loans generally require a minimum score in the 620-680 range depending on the product, loan amount, and equity position. Some programs allow lower scores with compensating factors such as significant reserves or a low loan-to-value ratio.
The next stepReady to see
Ready to see
what you qualify for?
Tell us about your situation. We will identify the right structure and qualification path, and give you a clear picture of what is possible.
Start your application↗