Non Agency Loan > Profit & Loss Loans

Simplify Self-Employed Borrower Loans with P&L Statements

Say goodbye to tax returns and bank statements! P&L loan program is designed to meet your clients’ needs, offering a streamlined solution for self-employed borrowers. Qualify your clients using a P&L statement prepared by a CTEC, CPA, or EA. With Logan’s P&L Program, eligible borrowers can secure loans of up to $2.5 million using a P&L statement instead of tax returns.

Features

  • 12 or 24 Months Business or Personal P&L’s or Using Both
  • Max Loan Amount $4 million
  • Min FICO 600
  • Primary, Second Home & Investment Properties
  • No LTV Restrictions for Condos
  • Non-Warrantable Condos OK
  • Up to 80% LTV – With Exceptions
  • Gift of Equity Ok for Primary Homes
  • Interest Only Options Available
  • Max 6 loans or $5M – which ever comes first 
background