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Have a CPA who can document your income?
Let's see if a P&L program is the right fit for your purchase or refinance.
Apply NowA P&L loan qualifies self-employed borrowers using a profit & loss statement — often prepared or verified by a CPA — instead of full tax returns or two years of bank statements, for both purchase and refinance transactions.
Have a P&L your CPA can prepare?A profit & loss statement prepared by a licensed CPA or tax preparer can stand in for tax returns.
If last year's return doesn't tell the full story, a CPA-prepared P&L can reflect how your business is actually performing today.
Where a bank statement loan looks at deposits, a P&L loan is based on your stated and CPA-verified profit and loss.
A P&L refinance can reflect how your business is performing right now, which can be useful if your prior year's tax return doesn't tell the full story.
It's a non-QM program that qualifies self-employed borrowers using a profit & loss statement — often prepared or verified by a CPA — instead of full tax returns or two years of bank statements.
Typically a CPA, enrolled agent, or licensed tax preparer, following the lender's specific format requirements.
Some lenders allow a P&L alongside bank statements for added support. We can help match you with a lender's specific guidelines.
Yes — P&L programs apply to refinances as well as purchases, letting a CPA-prepared profit & loss statement stand in for tax returns when you refinance an existing mortgage.
Let's see if a P&L program is the right fit for your purchase or refinance.
Apply Now