P&L Only Loans in NC & SC
P&L Only loans let self-employed borrowers across North Carolina and South Carolina qualify for a mortgage using a CPA-prepared profit and loss statement instead of tax returns or bank statements.
What Is a P&L Only Loan?
Your licensed CPA, EA, or tax preparer prepares a year-to-date (and often trailing 12 months) P&L for your business. Underwriting uses the net income from that statement to qualify you — no 4506-T, no tax returns, and no bank statement review required on some programs.
Program HighlightsCPA/EA/licensed tax preparer P&L required
12–24 month P&L period
No tax returns or bank statements needed on core program
Credit scores from 680+
15–25% down
Loan amounts to $3M+
Primary, 2nd home, and investment eligible
Who P&L Only Is Perfect ForBusiness owners 2+ years self-employed
Seasonal businesses whose bank statements don’t tell the full story
High-revenue businesses where tax returns show heavy write-offs
S-Corp and partnership owners
Professional service firms (attorneys, consultants, agencies)
Statewide NC & SC Coverage
We serve all of North Carolina and South Carolina — every city, every county, every community. Coast, Midlands, Piedmont, Upstate, Lowcountry, mountains — wherever your business is, we can close your P&L loan.
Get Started
Call (843) 376-6213 or apply online. Bring your CPA’s P&L and we’ll get you pre-approved fast.