Profit & Loss Loans
Mortgage financing for self-employed borrowers and business owners using P&L statements instead of tax returns
Self-employed borrowers and business owners often show lower net income on tax returns due to legitimate deductions — which can disqualify them from conventional programs even when their business generates strong cash flow. The P&L loan program qualifies borrowers using a CPA-prepared Profit & Loss statement, reflecting actual business performance rather than taxable income.
Who This Is For
Self-employed individuals and independent contractors (1099) with 2+ years in business
Business owners whose tax returns show significant deductions that reduce qualifying income
Entrepreneurs who write off business expenses but have strong actual cash flow
Professionals who recently incorporated or restructured their business income
High-earning self-employed borrowers who do not want to use tax returns for mortgage qualification
Requirements
How Sofla Helps
Our AI qualification engine handles the heavy lifting so you can focus on closing.
Qualification engine identifies self-employed and 1099 borrowers with 2+ year history and routes them to P&L as a primary program option
Sofla explains the difference between tax-return income and P&L income to borrowers upfront — so they arrive at lender conversations with the right expectations
Document checklist is P&L-specific: CPA letter, business license, 3 months business bank statements — no W2s or personal tax returns
Matches borrowers to lenders with active P&L programs and underwriters experienced with self-employed income analysis
Get Qualified for Profit & Loss Loans
A few questions. A real score. The exact document list for your loan type.
Start Qualification