Profit & Loss Only

A Loan for borrowers to use their businesses P&L statement to qualify, bypassing traditional income verification

Min Score 660

LTV up to 80%

Loan Amounts to $3 Million

Highlights

  • 12 month Profit and Loss used for income qualifying
  • Allows for 1x30x12 on a mortgage
  • Cash Out can be used for reserves
  • Interest Only available