How Do I Apply for a Non-QM HELOC Through Lendia?

Applying for a Non-QM HELOC through Lendia starts with understanding your income documentation type and identifying which program fits your profile. Here is the process.

Step 1 — Initial Consultation

Contact Lendia at (949) 333-4636 or apply online at lendia.com. We will discuss your goals, income structure (self-employed, investor, 1099, asset-based), property details, credit profile, and how much equity you want to access.

Step 2 — Program Identification

Based on your profile, Lendia identifies the best Non-QM HELOC programs available — bank statement, 1099, asset depletion, or DSCR — and presents the terms you can expect to qualify for.

Step 3 — Application and Documentation

You complete the loan application and provide the relevant income documentation:

• 12 or 24 months of bank statements (bank statement programs)
• 1099 forms (1099 income programs)
• Asset statements (asset depletion programs)
• Lease agreements and rent rolls (DSCR programs)
• Government-issued ID, current mortgage statement, and homeowner’s insurance

Step 4 — Appraisal

An appraisal is ordered to establish the current value of the property. For investment properties, a rent schedule (Form 1007) may also be required.

Step 5 — Underwriting, Approval, and Closing

Lendia manages the underwriting process with the Non-QM lender, works through conditions, and coordinates your signing and closing. In California, a three-day rescission period applies for owner-occupied properties.

Match your documents to your income type

Small details that prevent big delays

• Send every page of every statement, including pages that look blank.
• Write a one-line explanation beside any large deposit or transfer.
• If the property is owned through an LLC or trust, tell us at the start so we can check how title and vesting are handled.
• Keep your credit steady. New accounts opened mid-process can change your numbers.
• For a rental, have lease terms ready; short-term rentals may need different support.

What happens after you submit

Your advisor reviews the documents against the program, orders the appraisal and answers underwriting conditions on your behalf. You will typically be asked to sign disclosures and, for an owner-occupied home, observe the three-day rescission period before funds are available.

Typical sequence and who does what

1. You: call, describe your income and property, and gather documents.
2. Lendia: identify the program and confirm what is needed.
3. You: submit the application and statements.
4. Lendia: coordinate the appraisal and respond to underwriting conditions.
5. You: sign, observe the rescission period if it applies and receive access to the line.

Frequently asked questions

Can I talk through my situation before filling out a full application?

Yes. Call (949) 333-4636 and describe your income and property. We can tell you which documentation path to prepare for before you gather everything.

What if I fit more than one documentation type?

Tell us. A self-employed investor, for example, may be able to use bank statements or property cash flow, and the better fit depends on the numbers.

Can a Non-QM HELOC be used on a home in escrow?

A HELOC draws on equity in a property you already own, so it is not a purchase tool. If you are buying, ask us about purchase financing.

Related guides

• Bank statement qualification
• Income documentation options
• Credit score requirements
• Eligible property types
• Applying for the Wealth Builder HELOC