P&L (PROFIT & LOSS) LOANS
Qualify with P&L Statements.
An alternative to full‑doc when tax returns don’t tell the full story.
Program Highlights
- Use P&L statements for income qualification
- Alternative to full documentation
Next Steps
- Provide P&L and YTD balance sheet
- We match to programs that fit your profile
P&L Mortgage Guide: Qualify with Profit & Loss Statements
When traditional tax‑return calculations don’t reflect the real performance of your business, a P&L loan can help. Lenders may accept CPA‑prepared profit & loss statements (and sometimes a balance sheet) to determine qualifying income.
We’ll collect the minimal documentation needed and compare P&L vs. Bank Statement pricing so you choose the lowest‑cost route with the highest approval confidence.
What to Expect
- Recent CPA‑prepared P&L (often YTD) and business statements
- Business longevity and stability review
- Reserves appropriate for loan size and program