Profit & Loss

Are you looking to qualify for a loan but still need to file your tax returns?

A completed and signed Profit & Loss may be used as an alternative to tax returns to document a self-employed borrower’s income.

Product Features

• Loans up to $4 Million for Primary to 65% LTV
  
• Loans up to $3.5Million for Secondary to 75% LTV
  
• Loans up to $3 Million for investment to 70% LTV
  
• Purchase up to 90% LTV
  
• Cash Out up to 80% LTV
  
• Maximum DTI 55%
  
• P&L must be prepared by CPA, EA, or CTEC

* Eligible on Primary and Second Home Properties Only