Bank
Statement/P&L Loan
Bank Statement Loans let you qualify based on your actual cash flow without needing tax returns. By using 12–24 months of your personal business bank statements, we determine your income from deposits, making this option perfect for entrepreneurs gig workers, and freelancers whose deductions might obscure their true earnings. With flexible and sensible options available for primary, secondary, or investment, you can proceed with confidence.
A P&L Loan allows you to qualify using a Profit & Loss statement prepared a CPA rather than tax returns. We assess 12–24 months of your business performance to calculate income from your genuine operations which is ideal for entrepreneurs whose deductions lower their taxable income. With streamlined documentation options for primary, secondary, or investment properties, this is a solid Non-QM solution for you.
​No Tax Returns Necessary
Use 12– or 24-months of bank statements for income verification
Use a 12– or 24 P&L for income verification. Don't have to verify with bank statements.
Perfect for business owners who write off expenses and don’t show full income on taxes.
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Buy Sooner - Not Later
Many programs require only 12 months of statements.
You don’t have to wait two full years in business to qualify.
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Unlock More Buying Power
Income calculated based on your deposits or cash flow
Often this means qualifying for a larger loan amount than with traditional tax return methods.
Flexible Options
Use for primary residences, vacation homes, and investment properties.
Your business success can fund your lifestyle and future investments.
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Beneficiaries of This Program:
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Small business owners
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Independent contractors
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Gig economy professionals
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Realtors and consultants
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Individuals with substantial cash flow