Profit & Loss Loan
Perfect for self-employed individuals who have a significant number of deductions during tax season. A P&L Loan uses the P&L prepared by your CPA instead of tax returns to determine qualifying income. This unique program aims to remove limitations imposed by personal income, making homeownership more accessible.
Key Features
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- Purchase with as little as 20% down
- Minimum FICO score requirement is 640
- Must be self-employed for 2 years
- 40 year terms available
- Only most recent year P&L required.
Don’t Worry, We’ve Designed It To Be Simple!
Feeling a bit nervous about taking the first step toward a mortgage? No worries—our video is here to help. This will act as a guide to breaks down the mortgage process into simple steps to ease your concerns and make the journey to homeownership or refinancing a pleasant one. Click on this link to watch the video and start your journey towards your dream home today!
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