1Y + 2Y P&L

Min. FICO 660 Up to 80% CLTV

At A&D Mortgage, a leading mortgage lender, we offer Non-QM 1-year and 2-year P&L loans tailored for self-employed individuals. These loans allow borrowers to use their business’s Profit & Loss (P&L) statement to qualify, bypassing traditional income verification. A Licensed CPA, Enrolled Tax Agent, or Licensed Tax Preparer prepares the P&L statement, crucial for our P&L loan program. We provide loans up to $4 million, with up to 80% CLTV, making our P&L loans a flexible and accessible mortgage solution for self-employed clients.


P&L by Licensed CPA, Enrolled Tax Agent, or Licensed Tax Preparer
2 months of bank statements required
No tax returns required
Loan amounts up to $4 million
Max cash-on-hand $1 million, no limit CLTV < 55%
Up to 80% CLTV on 2Y and up to 80% CLTV on 1Y
Max DTI 55%
Super Prime & Prime program
Temporary rate buydowns available
Download file

Download program PDF


Fast turnaround times


24 hours


24 hours


24 hours


24 hours

24 hours

Calculate your scenario

Get detailed information about the potential loan.

Quick Pricer

1Y + 2Y P&L FAQ

What is a Profit and Loss mortgage?

When self-employed borrowers are unable to qualify under GSE mortgage guidelines, Profit and Loss (P&L) Statement mortgages offer a simple solution. Our P&L allows us to determine the monthly qualifying income of your clients based solely on 1- or 2-year P&L statements prepared by either their CPA or a licensed tax preparer.

This means no tax returns, transcripts or bank statements are required to qualify under this program.

Who can get a Profit & Loss mortgage?
  • Businesses/self-employed workers who received income exclusively from cash and may not keep perfect records of their transactions.
  • Businesses/self-employed workers with seasonal income, and/or make intermittent deposits that do not follow a regular predictable pattern on a weekly or monthly basis.
  • Businesses/self-employed workers that have been in business for more than 2 years.

Ready to get started?

Write to us, we will contact you within 30 minutes.

Get in Touch