LBC Mortgage is a specialized brokerage that partners with over 90 lenders to provide non-conventional financing for self-employed professionals, small business owners, and real estate investors with complex tax profiles. By focusing on the non-qualified mortgage (non-QM) market, they offer alternative documentation solutions for those who may not meet the rigid requirements of major banks, frequently closing deals in an average of 30 days. This streamlined approach allows borrowers with significant cash flow to bridge the gap between their actual income and traditional underwriting standards through a personalized lending experience.
MINIMUM CREDIT SCORE
640
Lender Dependent
8. 0.70% Savings APY Boost Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.600
Barclays Tiered Savings Annual Percentage Yields (APYs) are accurate as of 01/13/2025 and may change at any time without prior notice, before or after the account is opened. The APYs are determined by the Balance Tiers (Tiers) and the amount deposited. The same rate may apply to multiple Tiers and Tiers may change without notice. APY is calculated based on the Tier into which the end of day account balance falls. Fees could reduce the earnings on the account. No minimum balance to open, but for interest to post to your account you must maintain a minimum balance that would earn you at least $0.01. Please see the Compare Account Page for current Tier and APY information. The APY for the Barclays Tiered Savings account for balance tiers greater than $250,000 are currently 10X the national average of 0.46% APY, based on the national average of savings account rates published in the FDIC’s National Rates and Rate Caps, accurate as of 09/16/2024.500
Loan Amounts
Not Disclosed
Lender Dependent
$15K – $750K
$15K – $500K
Overview
The LBC Mortgage No Tax Return HELOC provides a revolving line of credit that allows primary homeowners and real estate investors to access equity without the friction of a traditional bank audit or federal tax return requirements. Designed specifically for self-employed individuals with significant tax write-offs, this product utilizes alternative qualification methods such as 12 to 24 months of bank statement deposits or a verification of employment called a “VOE Only” verification track. By prioritizing actual cash flow and creditworthiness over IRS documentation, LBC Mortgage offers a flexible financial tool for borrowers to draw funds as needed for business expansion, debt consolidation, or property improvements.
Key features
The No Tax Return HELOC focuses on flexibility and debt-to-income (DTI) ratio latitude. Below are the primary features and requirements associated with LBC Mortgage’s equity products:
| Feature | Details |
| Documentation | 12 months of personal or business bank statements |
| Maximum DTI | Up to 50% Debt-to-Income ratio |
| Credit Score | Minimum 640 |
| Property Types | Owner-occupied, second homes, and investment properties |
Pros and cons
What we like
- Multiple Qualification Paths
- Borrowers can choose between bank statement verification, VOE only, or asset-based lending depending on their specific financial structure.
- Higher DTI Allowance
- They accept debt-to-income ratios up to 50%, which is significantly higher than many traditional equity lenders.
- Streamlined Closing
- As a brokerage with 90+ lender partners, they can expedite the comparison and approval process to close loans faster than traditional institutions.
Things to keep in mind
- Reserve Requirements
- Borrowers are often required to show liquid assets for at least three months of payments after closing.
- Alternative Doc Costs
- These products may carry slightly different interest rate structures or fee schedules compared to standard, fully documented HELOCs.
- Documentation Nuance
- While tax returns are avoided, the “No-Doc” label still requires significant verification of bank deposits or business status.
Use cases
Self-employed homeowners often use this HELOC to manage business cash flow or fund expansion without waiting for their next tax cycle to reflect their true earnings. This provides a revolving credit line that accommodates the natural fluctuations of business revenue.
Real estate investors use the product to tap into existing equity for property upgrades or to use as down payments for new acquisitions. Because LBC Mortgage supports investment property financing, this is a key tool for portfolio growth.
Individuals with high liquidity but low reported income, such as retirees or those living off asset depletion, use these loans to handle major expenses or debt consolidation. It allows them to maintain their investment strategies while accessing the capital locked in their real estate assets.
Related articles
About our contributors
-
Written by Ellen StevensEllen brings over a decade of consumer finance experience to shaping content strategy. She uses her hands-on expertise to provide clear, actionable information, equipping readers with the tools they need to make informed decisions and achieve financial freedom.