P&L Only Loans offer mortgage brokers a powerful tool to help self-employed borrowers and business owners secure financing without the hassle of extensive income documentation.

By relying on a borrower’s Profit & Loss statement instead of tax returns or traditional income verification, these loans provide a streamlined solution for those with complex financials who may not qualify for conventional loans.

This flexibility allows brokers to serve a wider range of clients, close more deals, and build stronger relationships with borrowers who appreciate an alternative path to homeownership or refinancing.

With quicker approvals and less red tape, P&L Only Loans can be a game-changer in expanding your client base and growing your business.

Program Features

• Qualify borrowers with most recent 3rd party prepared 12-month Profit & Loss statement (P&L)
• NO Bank Statements required for validation
• Less than 100% ownership OK
• All Occupancy Types Accepted
• Minimum Fico 660
• Exceptions to highlights and guidelines are often approved.
• Appraisal Transfers Accepted*