Loading
Dublin sits in the Tri-Valley, a corridor packed with business owners, consultants, and tech contractors. Many earn strong incomes that tax returns simply don't reflect.
A P&L loan lets a CPA-prepared statement do the income verification. No W-2s. No tax return deep-dives. Just real business income, documented professionally.
680+
Min Credit Score
CPA-Prepared P&L
Income Doc
10-20% Typical
Down Payment
12 or 24 Months
P&L Period
Non-QM
Loan Type
Your CPA prepares a 12- or 24-month P&L statement. The lender uses that to calculate qualifying income. No Schedule C scrutiny. No depreciation write-downs killing your numbers.
Most lenders want a 680+ credit score and 10-20% down. Expect higher rates than conventional — this is a Non-QM product. Rates vary by borrower profile and market conditions.
Most retail banks don't offer P&L loans. This is a wholesale Non-QM product. You need a broker with access to lenders that actually specialize in it.
We work with 200+ wholesale lenders at SRK CAPITAL. Several of them have strong P&L programs built specifically for self-employed borrowers in high-cost California markets.
The biggest mistake I see: borrowers submit a P&L that doesn't match their bank statements. Lenders cross-check. Inconsistencies kill deals fast.
Work with your CPA before you apply. The P&L needs to be clean, current, and formatted to lender standards. A sloppy statement from a bookkeeper won't cut it.
Bank Statement Loans use 12-24 months of deposits to calculate income. P&L loans use your accountant's summary instead. P&L can work when deposits are irregular or mixed with business expenses.
1099 Loans are better if you have clean contractor income. Asset Depletion works if you're cash-rich but low on income. P&L is the move when your CPA can tell a clear income story.
Dublin home prices are substantial. As of April 2026, this is a market where loan amounts push well past conventional conforming limits for many buyers.
P&L loans in Alameda County can go into jumbo territory. Not every Non-QM lender goes that high — finding one with both a strong P&L program and jumbo capacity is the key challenge here.
A licensed CPA or tax professional must prepare and sign it. A self-prepared P&L won't be accepted by lenders.
Some lenders allow 10% down on P&L loans. Expect stricter rate and reserve requirements at lower down payments.
Most Non-QM lenders want 680 or higher. A lower score narrows your lender options significantly.
Most lenders require a P&L dated within 60 days of application. Stale statements are a common reason for delays.
Yes. Business owners with pass-through income are a strong fit. Your CPA will need to document the business structure.
Yes — Non-QM rates run higher than conventional. Rates vary by borrower profile and market conditions.
Profit & Loss Statement Loans in Dublin