Instead of relying on tax returns, we enable business owners to submit a 1-2 Year Profit and Loss (P&L) Statement prepared by their licensed tax preparer as income documentation. This approach often provides a more accurate representation of the applicant's actual income.

Our program doesn't include prepayment penalties for owner-occupied and second homes, allowing applicants to refinance as soon as they qualify for a traditional home loan if desired. Many of our clients use this program to acquire their dream homes and opt to refinance into a traditional loan when it's deemed optimal by them and their tax advisors. It empowers business owners to take control and purchase a home on their own terms.

While this loan program shares similarities with our Bank Statement Program, the documentation requirements are significantly simpler than providing 12-24 months of bank statements.

If you've been in business for less than 2 years (but over 1 year), we can approve this scenario with a supporting P&L and proof that you've been working in your current industry for at least 2 years.

While some lenders offer similar programs, our extensive experience and high success rate set us apart, making us the trusted professionals you need to effectively utilize this program.