© LOAN PROGRAMS PRODUCT 16 OF 20
Qualify on your business profit and loss statement. Non-QM loans from $200,000 to $10,000,000 on terms of 5 to 30 years, with no tax returns and no W2s required, owner occupied or not.
REQUIREMENTS
BENEFITS
© BANK FINANCING PRODUCT 16 OF 20
Some business owners have clean books and messy banking. Revenue arrives through processors, across several accounts, mixed with transfers, and twenty-four months of statements would take a week to assemble and a month to explain. For those borrowers the profit and loss statement is the better document, and this card is built around it.
The published documentation is a P&L statement and a business license. The card carries the same careful framing as its sibling: distinct approval parameters for borrowers that have demonstrated the ability to repay a loan but cannot qualify for a standard mortgage program. The two benefits are stated plainly: qualify using your business's 12 month P&L statement, and no tax returns or W2s required.
The published terms are the Non-QM program's: loans from $200,000 to $10,000,000 on terms of 5 to 30 years, with the rate and leverage set per file. Against the bank statement card the difference is the evidence rather than the numbers: a profit and loss statement and a business license in place of months of statements.
This unique solution has distinct approval parameters for borrowers that have demonstrated the ability to repay (ATR) a loan but cannot qualify for a standard mortgage program. Qualify using your business profit and loss statements. Ideal for business owners who need streamlined documentation and competitive rates without extensive financial paperwork.
Loan Goat, on p&l-only business mortgage loans
© THE COMPARISON 4 PRODUCTS IN THIS PROGRAM
This card and the bank statement card answer the same problem with different evidence. Choose by which document is easier to produce and stand behind, then read the leverage difference.
12 to 24 months of personal or business statements instead of a P&L, on the same Non-QM terms.
For the building the business occupies at 51% or more: SBA 7(a) and 504, up to 90% LTV, terms to 25 years, 10-15% down.
For eligible veterans: VA 3/1 and 5/1 ARMs at up to 100% LTV with no down payment.
For a rental property: a DSCR loan qualified on the rent, with DTI not calculated at all.
Every figure below is the one printed on that product's live terms card. Rates and pricing are subject to change and are not a commitment to lend.
| Product | LTV Up To | Terms | Loan Amounts |
|---|---|---|---|
| BANK STATEMENT MORTGAGE LOANS | 5 to 30 years | $200,000 to $10,000,000 Non-QM | |
| P&L-ONLY BUSINESS MORTGAGE LOANS | 5 to 30 years | $200,000 to $10,000,000 Non-QM | |
| SBA 7(A) & 504 LOANS | 5 to 30 years | Sized to the property | |
| VA 3/1 & 5/1 ARM LOANS | 100% | 3/1 & 5/1 ARM | $4,000,000 |
WHO IT IS FOR · 02
Business owners with an accountant-prepared profit and loss statement and a current business license, who want the shortest defensible documentation path to a 30-year mortgage.
OUR PROCESS · 03
The four steps, with the documentation step reduced to the profit and loss statement and the business license. The Letter of Intent fixes the terms before any third-party work is ordered.
© PROPERTY TYPES AS PRINTED ON THE TERMS CARD
Three residential classes, owner occupied or not, the same set as the bank statement card.
© P&L-ONLY BUSINESS MORTGAGE LOANS
ONE STATEMENT, A BUSINESS LICENSE, AND A THIRTY YEAR MORTGAGE.
PUBLISHED TERMS
© GOOGLE REVIEWS 5.0 GOOGLE RATING · 150+ REVIEWS
I referred my friend over to Milad and while they weren't ready to do a fix and flip just yet, Alex told me Milad was the first lender that actually explained the process, how constructions loans work, and answered all their questions. She...
This team is equipped with professional, knowledgeable, patient, friendly, and responsive members! We were able to purchase our first investment property with the help and guidance of Milad and his team. They answered our questions...
I recently worked with Loan Goat, and my experience was fantastic. From start to finish, the team was attentive, knowledgeable, and genuinely interested in helping me find the best loan options for my needs. They walked me through every...
I referred my friend over to Milad and while they weren't ready to do a fix and flip just yet, Alex told me Milad was the first lender that actually explained the process, how constructions loans work, and answered all their questions. She...
This team is equipped with professional, knowledgeable, patient, friendly, and responsive members! We were able to purchase our first investment property with the help and guidance of Milad and his team. They answered our questions...
I recently worked with Loan Goat, and my experience was fantastic. From start to finish, the team was attentive, knowledgeable, and genuinely interested in helping me find the best loan options for my needs. They walked me through every...
© QUESTIONS 5 ANSWERS
A profit and loss statement and a business license, per the card. The two published benefits are qualifying on your business's 12 month P&L statement, and no tax returns or W2s required.
Both sit on the same Non-QM terms, from $200,000 to $10,000,000 over 5 to 30 years. P&L only asks for a much shorter document list. The right card is the one whose evidence you can produce cleanly.
The card requires a P&L statement and a business license without naming who prepares it. In practice a statement that underwriting can rely on is one a professional stands behind, and the requirement for a specific file is confirmed before terms are issued.
Non-QM loans run from $200,000 to $10,000,000 over terms of 5 to 30 years. The leverage and rate a specific property supports are fixed on the Letter of Intent.
Yes. Occupancy reads owner occupied and not owner occupied. For a pure rental, the DSCR loan is often the cleaner path since it does not calculate DTI at all and allows short term rental and ADU income.
© LOAN REQUEST 2 MINUTES
The loan information form with Bank Financing Loans already selected. A lending advisor from our firm will reach out. Or just give us a call now: (619) 617-2797.
