LOAN PRODUCTS
P&L Only Loans
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.
VIEW TERMS
Terms Up To30 Years
LTV Up To80%
Loans Up To$4,000,000
Rates Starting At6.50%
Requirements
Minimum FICO: 640
Property Type: SFR, Condo/Townhome, 2-4 Units
Documentation: P&L statements, business license
Occupancy: Owner occupied and not owner occupied
Benefits
- Qualify using your business's 12 month P&L statement
- No tax returns or W2s required
Our Process
1
Complete your application
2
Submit required documentation
3
Sign your
Letter of Intent
Letter of Intent
4
We process and close your loan in 5-7 days
LOAN GOAT'S
UNFAIR ADVANTAGE
LESS REQUIREMENTS, MORE CLOSINGS.
WHEN BANKS SAY NO, WE SAY YES.
Category
Them
Loan Goat
Leverage
Low Leverage
High Leverage
Process
Slow Process
Speed to Close
Underwriting
Strict Underwriting
Reliable Capital
Documents
More Document Reqs
Low-Doc Requirements
Processing
Active Loan Limits
In-House Processes
Rates
Higher Rates
Lower Rates
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