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Bank Statement HELOC | Second Mortgage – Florida Lender

A Quick Snapshot of Your Bank Statement HELOC Options

Bank Statement HELOC

Qualify for a home equity line of credit using 12 or 24 months of bank deposits—no tax returns required.

Flexible Credit Line

Access funds as needed for business expenses, renovations, debt consolidation, or investment opportunities.

Keep Your First Mortgage

Leave your current mortgage untouched while leveraging equity through a second-position HELOC.

Designed for Self-Employed Borrowers

Ideal for entrepreneurs, contractors, and gig workers with strong cash flow but non-traditional income documentation.

Why Choose a Bank Statement HELOC in Florida

A Bank Statement HELOC gives self-employed borrowers a flexible way to access home equity without relying on traditional income verification. Instead of tax returns or W-2s, lenders evaluate 12–24 months of bank deposits to determine qualification—offering a more accurate picture of your financial strength as a business owner or independent contractor.

This second-mortgage option provides a revolving credit line you can draw from as needed, making it ideal for covering business expenses, funding renovations, consolidating debt, or expanding investment opportunities. Because it is a stand-alone second mortgage, your existing first mortgage remains untouched—especially valuable for borrowers who want to keep their low rate.

At Select Home Loans, we streamline the HELOC approval process for self-employed Floridians, offering flexible terms, competitive limits, and fast funding.

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Where are You Now?

Apply Now!

I’m ready now! I’ve found a home

Apply For a Loan

I’m looking for a home

Get Pre-Approved!

I’m just researching

Something Else

Why choose Select Home Loans?

  • Trusted mortgage experts across Florida.

  • Specialized in self-employed and alternative income home loans.

  • Quick pre-approvals and competitive low rates.

  • Decades of combined mortgage experience.

  • Dedicated loan officers guiding you every step of the way.

  • Streamlined, secure, and easy online application process.

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Transforming Your Financial Goals Into Reality

15

Average to Close

3500

People found their dream home with Select Home Loans

40

More savings than you would get with some of our competitors

Secure Your Bank Statement HELOC Loan Today

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Hear What Our Clients Have To Say!

“While visiting my wife's parents who have lived in Florida for a number of years, my wife and I decided to look for a new home. After looking at several homes for sale, my wife and I found the home we wanted. We mentioned to our real estate agent that we would need to obtain a mortgage as it would probably be a year until we were ready to sell our home in New Jersey and he recommended that we contact Select Home Loans. That was the best advice we received. Although we were some 1,300 miles away, our David Shefsky at Select Home Loans walked us through each step requesting the necessary documentation he needed. Two months later, we had our mortgage. One year after that, we became permanent Florida residents and Select Home Loans helped us achieve our goal. Thank you”

Re S.Boca Raton, FL

“I just wanted to send a note to thank you for all of your support and guidance throughout the mortgage process while purchasing our home. It could have been a nerve-racking experience and you very calmly guided me along the way and certainly made the experience much better than it easily could have been. Once again, thank you. It was a pleasure doing business with you and Select Home Loans.”

Isabel B & Gerald BWest Palm Beach, FL

“Thank you Scott, for your superb assistance with Barry & Sally! Really appreciate working with people that take their profession to that next level like you!”

Miriam L.Orlando, FL

“When I found a house I wanted to purchase, was new to the area and just picked a mortgage company out of a hat. Fortunately, this was Select Home Loans and my experience working with my Mortgage Banker was excellent. He was professional, knowledgeable, and efficient, as was his office staff. Although I had the financial resources to pay for the house, my financial situation was unusual, and he was up to the challenge of working out a loan for me with a good interest rate. From start to finish, the process went smoothly and without any surprises. Any potential hitches were dealt with quickly and effectively; his manner was always pleasant and he made himself very available. No long waits for him to call back. I highly recommend Select Home Loans.”

Judy M.Boca Raton, FL