Self-employed and looking for an alternative way to document your income? A profit and loss loan may allow eligible borrowers to qualify using business profit and loss statements rather than relying solely on traditional income documentation.
Loan Program
Profit and Loss Loan
Benefits of a Profit and Loss Loan
- Self-Employed Friendly: Designed with business owners and self-employed borrowers in mind.
- Alternative Documentation: Qualification may use eligible profit and loss statements instead of traditional documentation.
- Flexible Financing: Provides another potential path to home financing for borrowers with nontraditional income.
Profit and Loss Loan Requirements
- Self-employment history may be required
- Profit and loss statements
- Business documentation may be required
- Minimum credit requirements may apply
- Down payment requirements vary
- Additional documentation may be requested
COMPARE BEFORE YOU COMMIT
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