P&L Loan

We offer 1-year and 2-year Profit & Loss Statement loans tailored for self-employed individuals. These loans allow borrowers to use their business’s Profit & Loss (P&L) statement to qualify, bypassing traditional income verification. 

• Loans up to $3 million with a minimum of $150,000.

• Purchase and cash-out or rate-term refinance.

• Owner-occupied, second homes, and investment properties.

• P&L to be prepared by CPA/Tax preparer.

• Two years' seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu.

• No bank statements required to support P&L if LTV is 75% or less.

• Minimum Credit 640 with 75% LTV.

• Maximum LTV 80% with 660 Credit.