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.