P&L Statement Loans in Orange County
Use CPA-prepared Profit & Loss statements for income verification instead of tax returns. Perfect for business owners who want to qualify based on their business financial statements without revealing personal tax information.
CPA-Prepared P&L
Professional financial statements prepared by your CPA
No Personal Tax Returns
Keep your personal tax information private
Business Income Focus
Qualify based on business performance and cash flow
Flexible Terms
Various loan amounts and terms available
How P&L Statement Loans Work
The P&L Loan Process
CPA Prepares P&L Statement
Your CPA creates a detailed profit & loss statement for the most recent 12 months
Business Income Analysis
Lender reviews net income, cash flow, and business performance trends
Income Verification
CPA letter confirms accuracy and business income is used for qualification
Loan Approval
Business income used for debt-to-income calculations and loan approval
P&L Statement Example
*Example only. Actual calculations vary by lender and individual situation.
Who Benefits from P&L Statement Loans?
✅ Perfect Candidates
💡 Common Situations
P&L Statement Loan Features
Program Benefits
Loan Amounts: $100K - $3M+
Primary residence, second home, and investment properties
Down Payment: 10-25%
Varies by property type and loan program
DTI Ratios: Up to 50%
Higher ratios with compensating factors
Terms: 15-30 years
Fixed and adjustable rate options available
Required Documentation
CPA-Prepared P&L Statement
Most recent 12-month profit & loss statement
CPA Certification Letter
Letter verifying accuracy and CPA credentials
Business Bank Statements
2-3 months supporting business deposits
Business License & Articles
Proof of business formation and operation
P&L Statement Loan Requirements
✅ Qualification Criteria
Credit Score: 680+ (varies by program)
Higher scores unlock better rates and lower down payments
Business Operating: 2+ years
Established business with operating history
CPA Relationship: 1+ years
Established relationship with licensed CPA
Business Income Consistency
Stable or growing business income trends
⚠️ Important Considerations
Higher Interest Rates
Typically 0.75-1.5% above conventional loans
CPA Requirements
Must use licensed CPA, not bookkeeper or tax preparer
Cash Reserves Required
2-6 months of mortgage payments in reserves
Longer Processing Time
45-60 days typical due to manual underwriting
P&L Statement vs Other Non-QM Loans
| Feature | P&L Statement | Bank Statement | Asset Depletion |
|---|---|---|---|
| Documentation Required | CPA P&L Statements | 12-24 Month Bank Statements | Asset Statements |
| Best For | Established Businesses | Self-Employed | High Net Worth |
| Down Payment | 10-25% | 10-20% | 20-30% |
| Privacy Level | Highest | Medium | High |
| Processing Time | 6-8 weeks | 4-5 weeks | 6-8 weeks |
P&L Statement Loans in Orange County
Professional Services Hub
Orange County is home to thousands of professional service firms - law practices, medical groups, consulting firms - perfect candidates for P&L statement financing.
High-Income Business Owners
Many OC business owners have significant business income but prefer to keep personal tax information private when financing real estate purchases.
Growing Businesses
Many OC businesses are experiencing growth that exceeds their historical tax returns, making current P&L statements more representative.
OC P&L Loan Market
Top P&L Loan Professions:
Ready to Use Your Business P&L for Financing?
Get specialized P&L statement loan financing while keeping your personal tax information private
Licensed mortgage broker with NEXA Mortgage • NMLS #1426884 • P&L Statement loan specialist
Important Disclaimers
This is not a commitment to lend. All information contained herein is subject to change without notice. All loans are subject to credit approval, income verification, and property appraisal. Equal Housing Lender.
This material is not from HUD or FHA and has not been approved by HUD or any government agency. The information provided is for informational purposes only and is not an advertisement for products or services.
Interest rates and loan terms are subject to change without notice. All information must be verified prior to loan approval. Mo Abdel - NMLS #1426884, Licensed Mortgage Loan Originator with NEXA Mortgage.