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Can a Self-Employed Borrower Get a HELOC Up to $750K?

Blog Summary

Truss Financial Group (TFG) has upgraded its flagship Digital HELOC, making it one of the only programs in the U.S. where you can qualify with no tax returns, no appraisal, and just 12 months of verified business bank statements.

What is the HELOC interest rate?

HELOC rates vary based on credit profile, equity, and market conditions.

Digital HELOCs often feature variable rates tied to the Prime Rate, with margins typically between +1.5% and +3%.

Truss Financial Group offers rate transparency during the digital pre-approval stage.

Can I do a HELOC online?

Yes. The Digital HELOC is 100% online, from application to funding.

You can apply, verify, and close remotely, without tax returns, appraisals, or in-person visits.

Is Digital HELOC secure?

Yes. All data is encrypted and verified through Plaid’s secure API, the same platform trusted by major U.S. banks. Closings are completed via Remote Online Notary (RON), ensuring a 100% digital, compliant, and safe experience from start to finish.

Good news for business owners and self-employed professionals across the United States: you can now access your home’s equity faster than ever.

Instead of gathering years of tax records, you simply connect your business bank account securely through Plaid, verify income instantly, and move from application to approval in a matter of days, not weeks.

The program relies on Automated Valuation Models (AVMs) and trusted third-party property-data sources to estimate your home value digitally, skipping the traditional home appraisal process altogether.

As of 2025, borrowers can access up to $750,000 through this no-doc, no-appraisal, digital home equity line of credit. It’s fast, flexible, and built for today’s self-employed economy, from freelancers and real-estate investors to small-business owners looking to reinvest capital or consolidate high-interest debt.

This guide walks you through how the updated qualification process works, who it benefits most, and why TFG’s Digital HELOC is redefining home-equity lending nationwide.

What’s New in the 2025 Digital HELOC Program?

Qualify Using Business Bank Statements (Plaid-Verified)

Qualify Using Business Bank Statements (Plaid-Verified)

Previously, only personal bank statements were accepted. Now, business bank statements are eligible, verified directly through Plaid’s encrypted API, so there’s no manual document upload or paper trail.

"Only 12 months of business deposit history" is required for underwriting, a massive advantage for entrepreneurs and small-business owners who operate through company accounts.

This change aligns the Digital HELOC with modern, cash-flow-based lending.

A True No-Tax-Return Experience

Forget W-2s, 1040s, and years of paper records. With TFG’s no-tax-return HELOC, your verified business deposits tell the whole story.

This digital-first process:

  • Cuts underwriting time dramatically
  • Keeps your financial privacy intact
  • Provides a smooth, paperless experience

As of today, most competitors still require full income verification, which makes TFG’s no-doc Digital HELOC a standout option for self-employed borrowers nationwide.

No Appraisal: Instant AVM Valuation

Traditional home appraisals can delay closings by weeks.

TFG’s Digital HELOC replaces that entire step with Automated Valuation Models (AVMs) and independent property data, producing an instant estimate of your home’s equity.

That means:

  • No appraiser scheduling
  • No home inspection visits
  • Funding in as little as 5 to 7 business days

Whether you own a condo in San Diego, a rental in Austin, or a primary home in Tampa, this no-appraisal HELOC helps you access funds faster and with zero hassle.

Higher Loan Limits: Up to $750,000

TFG now offers one of the highest loan limits in the digital lending space, up to $750K for qualified borrowers.

That’s a game-changer for clients who want to:

  • Reinvest in their business or expand operations
  • Consolidate high-interest credit card or personal debt
  • Fund home renovations or purchase investment properties

For entrepreneurs and real-estate investors from California to Florida to all across the United States, the new Digital HELOC delivers financial flexibility without traditional roadblocks.

How will This Benefit Self-Employed Borrowers?

If you’re self-employed, you already know how traditional lenders judge you unfairly.

How will This Benefit Self-Employed Borrowers?

Tax deductions shrink your reported income, even when your business cash flow is strong. That’s why most entrepreneurs, real-estate investors, and 1099 earners all across the country find it nearly impossible to qualify for a conventional HELOC.

Truss Financial Group’s Digital HELOC finally fixes that. Instead of relying on tax returns or W-2s, it verifies your real earnings using 12 months of Plaid-verified business bank statements. That means the system looks at your deposits, not your write-offs.

With automated valuation models and secure digital underwriting, you can open a line of credit in days, not weeks.

Key Advantages of the Digital HELOC for Self-Employed Borrowers

  • Faster underwriting and digital funding – approvals often finalized within a week.
  • No invasive income documentation – just Plaid-verified business deposits.
  • Fair qualification – reflects actual cash flow, not taxable income.
  • More flexibility – higher limits and fewer restrictions than traditional HELOCs.

What are the Popular Use Cases of HELOC?

  • Consolidate high-interest personal or credit-card debt
  • Fund home renovations or property upgrades
  • Reinvest working capital back into your business
  • Pay for family or education expenses

How Our Digital HELOC Compares to Traditional HELOCs?

Traditional HELOCs haven’t kept up with how Americans actually earn money. They were built for salaried borrowers, people with neat W-2s, tax transcripts, and the patience to wait weeks for underwriting. If you’re self-employed, that system works against you.

Truss Financial Group’s Digital HELOC changes the equation completely.
It verifies your income through Plaid’s secure banking API, analyzes twelve months of business bank statements, and replaces the traditional home appraisal with an Automated Valuation Model (AVM) that pulls verified market data. No tax returns. No appraisers. No back-and-forth.

While most banks still cap HELOCs at $500K–$600K, TFG goes up to $750K, with approvals often finalized in five to seven business days.

It’s built for entrepreneurs, investors, and small-business owners, borrowers whose income doesn’t come from a single paycheck but from real, measurable cash flow.

Here’s how it stacks up:

Feature

Truss Financial Group Digital HELOC

Traditional Lenders

Requires Tax Returns

No

Yes

Accepts Business Bank Statements

Yes 

12 months of verified business bank statements accepted

No

Uses Plaid Verification

Yes, instant, secure API verification

No

Appraisal Required

No

Automated Valuation Model (AVM) used

Yes, physical inspection required

Maximum Loan Limit

Up to $750,000

Typically $500K–$600K

Funding Timeline

5–7 business days

2–3 weeks or more

Ideal For

Self-employed borrowers, real-estate investors, and business owners

W-2 borrowers only

Most lenders still haven’t caught up with how America actually earns money in 2025. TFG’s digital process is built for entrepreneurs, freelancers, and investors…not just employees with pay stubs.

How to Apply for a $750K Digital HELOC?

Step 1: Start the Online Application

Begin at the Digital HELOC Portal.
You’ll enter your property address, estimated value, and desired loan amount.
Then, choose your income verification method, either business or personal bank statements.

Most self-employed borrowers prefer the business-statement route since it reflects real operating income and speeds up underwriting.

Step 2: Verify Instantly

Once your application is submitted, connect your bank account securely through Plaid.

Plaid reads twelve months of deposit history in real time, no PDF uploads, no accountant emails, no waiting for manual verification.

The platform encrypts every transaction and communicates directly with underwriting systems, turning what used to take days into seconds.

Step 3: Fast Approval & Funding

When your income and account data are verified, TFG’s Automated Valuation Model (AVM) instantly determines your home’s equity.
There’s no appraisal visit or property inspection required.

Once approved, you’ll close through a Remote Online Notary (RON), a quick video-based signing process you can complete from home.

Funds from your initial draw are typically deposited within one week, giving you fast, flexible access to your equity.How to Apply for a $750K Digital HELOC?

Frequently Asked Questions

Who qualifies for the new Digital HELOC?

Self-employed borrowers, small-business owners, real-estate investors, and homeowners with at least 15–20% equity can qualify.

Unlike traditional HELOCs, the Truss Financial Group Digital HELOC doesn’t require W-2s or tax returns, just 12 months of verified business bank statements through Plaid.

Do I need to submit tax returns or pay stubs?

No. This is a no-doc Digital HELOC, which means your income is verified entirely through bank-statement data, not paperwork.

Borrowers can choose to verify income using business or personal accounts, depending on which best represents their cash flow.

Is an appraisal required for HELOC?

No physical appraisal is needed. Truss Financial Group uses Automated Valuation Models (AVMs) and third-party property-data sources to estimate your home’s value instantly, eliminating the long appraisal wait and helping close your HELOC in as little as a week.

What’s the typical credit score?

Most borrowers qualify with a 620+ credit score, though higher scores may receive better interest rates and lower margins over the prime rate.

Your equity position and deposit history also help strengthen the overall application.

What are the risks of a HELOC?

A home-equity line of credit is secured by your property. Missing payments can impact your credit score or reduce your available equity. Borrow responsibly and within your financial comfort zone, especially when using a revolving line like a Digital HELOC.

How much is a 100k HELOC payment?

Payments depend on your draw amount, interest rate, and repayment term.

For example, a $100,000 Digital HELOC with a 9% variable rate and interest-only payments would average $750 per month during the draw period.

Once the repayment phase begins, payments shift to principal + interest.

Can a HELOC replace a mortgage?

Not exactly. A HELOC functions as a revolving credit line, while a mortgage is a lump-sum loan. However, borrowers often use HELOCs to refinance or pay off smaller mortgage balances, especially when interest rates are higher on their current loans.

What are the two main types of lines of credit?

The most common types are:

  1. Secured lines of credit, backed by collateral like home equity (HELOCs).

  2. Unsecured lines of credit, such as credit cards or personal credit lines that don’t require assets.

Can you get 2 HELOC?

Yes, if you have sufficient equity and your lender allows it.

Some borrowers maintain multiple HELOCs across different properties, though each must meet combined loan-to-value (CLTV) guidelines.

What are the two types of equity?

In real estate, equity generally refers to the portion of your property you truly own,  the difference between your home’s market value and any outstanding loan balance.
There are two main types:

  1. Built Equity – This is the equity you gain as you pay down your mortgage over time. Each monthly payment increases your ownership stake in the home.

  2. Market Equity – This is the equity created when your home’s market value increases due to appreciation, renovations, or favorable local housing trends.

Together, these determine how much of your home’s value you can access through a home equity line of credit (HELOC) or cash-out refinance.

What is the difference between a HELOC and a hybrid HELOC?

A traditional HELOC uses your home’s equity as revolving credit.

A hybrid HELOC or hybrid STR loan combines elements of a HELOC and a DSCR-style investment loan, often using both personal income and property income for qualification.

TFG specializes in the traditional equity-based Digital HELOC structure.

Who is the best HELOC lender?

For no-tax-return and no-appraisal HELOCs, Truss Financial Group ranks among the top lenders nationwide in 2025. TFG’s Digital HELOC offers up to $750K in funding, Plaid-verified income, and funding in 5–7 business days, outpacing most traditional competitors. A Faster Way to Unlock Your Home’s Equity

Final Thoughts: A Faster Way to Unlock Your Home’s Equity

The 2025 Digital HELOC update from Truss Financial Group marks a major shift in how self-employed borrowers access credit.

No tax returns. No appraisal. No lengthy underwriting.

Just verified business bank statements, automated valuation, and funding that can arrive in as little as a week.

For homeowners, investors, and entrepreneurs, this isn’t just another line of credit, it’s a smarter, faster way to convert home equity into real opportunity.

Whether you’re expanding your business, upgrading your home, or consolidating high-interest debt, TFG’s Digital HELOC delivers the speed and simplicity that traditional lenders can’t match.

Apply for a Digital HELOC today and see how much equity you can unlock securely, digitally, and on your own timeline.

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