Profit and Loss Statement Mortgage Calculator
Estimate Your Income for a Bank Statement or P&L Loan
For self-employed borrowers and business owners, traditional income verification methods like tax returns may not reflect true earnings. Our Profit and Loss Statement Mortgage Calculator helps estimate your qualifying income based on your P&L statements, making it easier to qualify for Non-QM loans.
What is a Profit and Loss Statement Mortgage?
A P&L mortgage allows self-employed borrowers to qualify for a home loan based on a profit and loss statement, rather than W-2s or tax returns. Lenders typically require statements prepared by a CPA, EA, or licensed tax preparer to verify income. This type of mortgage is part of the Non-QM loan category, offering flexible financing options.
Who Can Benefit from a P&L Loan?
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? Self-employed borrowers who write off expenses on tax returns
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? Business owners with fluctuating income
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? Independent contractors & gig workers
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? Real estate investors & entrepreneurs
Calculate Your Monthly Income for a Non-QM Loan Using P&L Statements
Get Your Quick Quote
Real-time mortgage pricing across conventional, FHA/VA, DSCR, bank statement, non-QM and more. Compare options and move to a full application when ready.
Programs We Price
Conventional, FHA, VA, USDA, jumbo, investor DSCR, bank statement, asset depletion, non-QM, HELOCs and more.
How Quotes Work
We use your scenario (location, credit band, property/occupancy, LTV) to match eligible programs and display live-like rates.
Next Steps
Lock a rate or continue to the full 1003. Your MLO team helps optimize terms and documentation for a smooth closing.