For you if you own your business and your tax returns don’t show everything you really earn.
How it works
When you work for yourself, making money is usually not the problem. Proving it is. After deductions, your tax returns can make your income look smaller than it really is.
This program lets you show your income another way: with your bank statements or with a P&L. A P&L (profit and loss statement) is a simple report of what your business brought in and what it spent.
Most programs want that P&L signed by a licensed CPA, which costs time and money. Here, your tax preparer can prepare it.
This is a Non-QM loan. Non-QM means “non-qualified mortgage”: a loan with more flexible rules than a traditional one.
What you’ll need
- A photo ID.
- Your bank statements. We tell you how many months.
- Or a P&L prepared by your tax preparer.
- Proof that you own the business, like your business license or company papers.
- Proof of the money for your down payment and closing costs.
Good to know
- Flexibility has a price. The rate and the down payment are higher than on a traditional loan.
- Plan your next step. A smart move is to start here, build a documented history, and refinance later. Adrian maps that plan with you from day one.
- Every case is different. We look at yours one by one, and approval is never automatic.
Let’s talk
Adrian Colin, licensed mortgage broker in Florida and Texas, reviews your case at no cost and tells you if you may qualify. Call us at (813) 513-9835 or apply online here. You can also add this program to your cart and leave your name, phone and email. We never ask for a credit card.
Infinity Wholesale Mortgages, LLC · NMLS #2420223 · Adrian Colin, MLO NMLS #1684240 · Subject to credit approval. Educational information only; not a commitment to lend. Equal Housing Opportunity.
