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in St. Helena, CA
St. Helena attracts winery owners, consultants, and business operators — almost none of whom qualify with W-2s. Both loans solve that problem differently.
Bank statement loans use your deposit history. P&L loans use a CPA-prepared income summary. Which one gets you approved depends on how your business runs.
Bank statement loans look at 12 to 24 months of deposits. Lenders calculate your income from actual cash flow — not what your accountant wrote off.
This works well if your business runs strong revenue through a dedicated account. High gross deposits often produce higher qualifying income than a P&L allows.
P&L loans require one document: a profit and loss statement prepared by a licensed CPA. No bank statements, no deposit sorting — just a signed summary of income.
This is the faster path for borrowers with clean books. If your CPA already tracks net profit carefully, qualification can move quickly with minimal paperwork.
Bank statement loans reward high revenue. P&L loans reward high net profit. Those are not the same number — especially for Napa business owners with real expenses.
Rates vary by borrower profile and market conditions, but P&L loans often price slightly higher. Lenders see less documentation as more risk. You pay for that simplicity.
Run a winery or tasting room with strong cash flow but heavy write-offs? Bank statements likely show more qualifying income than your P&L ever would.
Run a consulting practice or solo operation with low overhead and clean books? Skip the statement sorting. A P&L gets you to the finish line faster.
Yes. We run your numbers under both programs before you commit. That's how you find the higher qualifying amount.
A licensed CPA must sign it. A self-prepared P&L won't be accepted by any lender on this program.
Most lenders require 12 months. Some allow 24 months to smooth out slow periods and boost qualifying income.
Non-QM lenders set their own loan limits. St. Helena price points are manageable for most non-QM programs we access.
P&L loans typically close faster — one income document versus months of statement review. Clean books speed things up.
Most non-QM lenders want 660 or higher. Some go to 640 with stronger assets or a larger down payment.