P&L Only HELOC: Tap Equity Without Tax Returns
By Travis Penny, mortgage broker ·
Last updated October 15, 2026
See my P&L only HELOC page and my self employed HELOC page.
HELOC without tax returns
Some programs qualify on a P&L, sometimes with bank statements, so write offs do not sink you.
Maine and Florida
Owner occupied P&L HELOCs I arrange this way are Maine and Florida. Rentals use a DSCR HELOC.
Next step
FAQ
- Can I get a HELOC with only a P&L?
- Yes, some programs allow a P&L only path for self employed borrowers in Maine and Florida. Not everyone will qualify.
- Do I still need bank statements?
- Sometimes. I will tell you what the matched program wants.
- Is this available nationwide?
- Owner occupied HELOCs I arrange this way are Maine and Florida.
- Can I use this on a rental?
- Use a DSCR HELOC for investment property.