Business Owners Loan
Designed as an income documentation alternative allowing Self Employed borrowers to utilize their Profit & Loss statement
Business owners have a unique advantage with the US tax code, allowing them to deduct significant amounts of taxable income, which lowers their tax burden. While this has clear tax advantages to the business owner, the problem often arises when they apply for a mortgage and are denied due to a lack of income and/or a high debt-vs-income ratio.
No Tax Return
This special program does not require your tax return.
Self Prepared P & L
You can prepare your own P & L to more accurately portray your true income. (No debt to income problem.)
Property you can buy
You may buy Primary, Second Home, and Investment properties.
Based on the strength of the business's Profit & Loss statement only
FICO as low as 599
Loan amounts up to $4 million
Up to 85% CLTV on 2Y, and up to 80% on 1Y
No bank statements are required
Fast and easy application process