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?

  • ? Self-employed borrowers who write off expenses on tax returns

  • ? Business owners with fluctuating income

  • ? Independent contractors & gig workers

  • ? Real estate investors & entrepreneurs

Calculate Your Monthly Income for a Non-QM Loan Using P&L Statements