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Profit & Loss Only


This is a perfect option for our borrowers that are self-employed and is an alternative to using your bank statements! We understand that as a business owner, tax returns don’t always tell the whole story.

SUBMIT SCENARIO Profit & Loss Flyer

Profit & Loss Only Highlights

  • Profit & Loss Only is available with all loan programs for Self-Employed borrowers; including ITIN
  • Easiest Income qualification method available
  • Calculate income by taking your approved net income and divide by 12

Profit & Loss Only Documentation Requirements

  • Borrower prepared Profit & Loss statement for previous 12 months, reviewed and validated by an independent licensed/qualified 3rd party
  • Evidence that your business has been in operation for 12 months or greater
  • Supporting documentation that the 3rd party reviewer is licensed or qualified

Want to talk to a member of our team? Call 1-833-394-8404