P & L Only Program

Profit & Loss Funding

You have been invited to take advantage of PhoneOps (P&L Only Program). This wonderful program is designed for Individuals that owns a business and want to purchase a home or investment property. Everyone knows we write off a lot on our taxes as it helps in the long run when it comes to paying less taxes but it hurts us when it’s time to purchase a home. If you:

Wrote off too much

on your taxes

Don’t have

W2’s

Don’t have

1099’s

Received mostly cash
throughout the year

Don’t want to use
the Bank Statement Program

Can show you made

more another way

If you fall into any of the above, then our program is great for you. PhoneOps P & L Only Program is an awesome program for anyone that owns a business because all you have to do is get your CPA to provide your P & L’s and you’re on your way to getting pre-approved.

 

PHONEOPS P&L PROGRAM IS AVAILABLE IN ALL 50 STATES FOR INVESTORS AND FLORIDA ONLY FOR OWNER OCCUPIED!

 

GUIDELINES:

This program has specific guidelines. View below:

Loan Amounts:

$100K to $6M

Term:
Up to 30yr fixed

Minimum FICO:

599 & up

Rate:

6% to 10%

LTV:

Up to 90%

Funding:

As soon as 10 days

MINIMUM REQUIREMENTS:

* CPA Prepared P & L statements with required verbiage

* Application Fee $295 WAIVED

* A Tri-Merge Credit Report fee of $57

* Passport or Driver’s License

* A Checking Account

* A valid Social Security Card

Profit & Loss Application