The Amres
P&L
Program
Are you looking to qualify for a loan but have not yet filed your tax returns? Our P&L loan may be your best option.
The P&L program is designed for borrowers who are self-employed and would benefit from an alternative loan qualification method. A CPA/CTEC/EA completed, a signed P&L, and 2-6 months bank statements may be used as an alternative to tax returns to document a self-employed borrower's income.
Product Features
Minimum of 600 FICO
Loans up to $4 Million for Primary to 70% LTV
Loans up to $4 Million for Secondary to 70% LTV
Loans up to $3.5 Million for investment to 75% LTV
Purch-R/T up to 90% LTV
Cash Out up to 80% LTV
Recent credit events allowed
ARMs and io options available
Multiple financed properties allowed
For business purpose loans
