Self-employed borrowers often face challenges when applying for a regular mortgage. We offer solutions designed specifically for business owners and entrepreneurs: Only p&1 Mortgage plan. With this program, you can qualify for a mortgage without providing a bank statement to support your personal and living (P&L) income, which is just a pre-prepared profit and loss (P&L) statement.
What is the only mortgage loan for P&L?
p&l-lyly mortgage is a loan that uses the income statement as the primary method of income verification. This means you do not need to provide a tax return or other income document. Instead, a simple account prepared by your tax professional can get you approved.
Program Highlights:
- Up to 85% of LTV – 85% of the value of the borrowed property.
- Loans total up to $3,500,000 – perfect for high value properties.
- No bank statements required – No bank statements required to support income in the stage.
- Self-employed persons who are less than 2 years old are considered – perfect for new business owners.
Who should consider a mortgage with only profit or loss?
This program is perfect for:
- Self-employed borrowers with fluctuating income.
- Small business owners who cancel taxes and fees.
- Entrepreneurs who want to simplify the documentation process.
More information about us Non-QM Loan Program,,,,, us suggestion connect Our office or fill in Quick quotesomeone will contact you.
