A streamlined approval process will allow self-employed, small business, and gig workers to qualify for a home equity line of credit up to $400,000 from Better.com. The "bank statement only" HELOC was announced on Tuesday, Sept. 30. See Better on our list of the best HELOC lenders. No tax returns, P&Ls, or W-2s A home equity line of credit enables homeowners to draw from the value in their house without refinancing their current mortgage or selling their home. Called a "second mortgage," a HELOC uses th ...