Loading
Dixon sits between Sacramento and the Bay Area — a practical base for self-employed contractors, truckers, and business owners who work both corridors.
Standard loans reject real income. A P&L loan uses your actual business performance, not your tax return write-offs.
620 typical
Min Credit Score
CPA-prepared P&L
Income Verification
10–20% typical
Down Payment
12 or 24 months
P&L Period
Profit & Loss Statement Loans in Dixon
You need a CPA-prepared P&L statement — not one you made in Excel. Lenders want 12 or 24 months of business income documented by a licensed accountant.
Most lenders require at least 620 credit and 10–20% down. Your business must show consistent income over the statement period.
Local decision guide
Use this guide to connect profit & loss statement loans eligibility, lender expectations, and local market factors before comparing payment options in Dixon.
Dixon sits between Sacramento and the Bay Area — a practical base for self-employed contractors, truckers, and business owners who work both corridors.
Standard loans reject real income. A P&L loan uses your actual business performance, not your tax return write-offs.
You need a CPA-prepared P&L statement — not one you made in Excel. Lenders want 12 or 24 months of business income documented by a licensed accountant.
Your bank won't offer this loan. P&L programs live in the wholesale non-QM market — specialty lenders who price risk differently than Fannie Mae.
Rates run higher than conventional. That's the trade-off for skipping tax return income verification. Rates vary by borrower profile and market conditions.
The CPA relationship matters. A P&L that shows gross revenue but doesn't clearly present net income gets flagged fast by underwriters.
Get your accountant briefed before applying. The statement format needs to match what the lender expects — sloppy docs kill these deals.
Bank Statement Loans use 12–24 months of deposits. P&L loans use your accountant's summary instead. Both skip tax returns — the right one depends on how your income flows.
If you have strong 1099 income, a 1099 loan might price better. Run both scenarios. As of April 2026, non-QM pricing gaps between programs can be significant.
Dixon has a strong owner-operator economy — agriculture, logistics, small trades. These borrowers write off everything, which kills W-2-style income on paper.
That's exactly who P&L loans are built for. Your tax return says one thing. Your business says another. Lenders on this program listen to the business.
Yes. A licensed CPA must prepare and sign it. Self-prepared statements are rejected by every lender we work with.
Some lenders accept 12 months. Others require 24. Your credit score and down payment influence which option you qualify for.
Lenders use net income shown on the statement. Some apply a gross revenue calculation — it varies by lender and program.
Yes, but expect stricter terms. Down payments typically run higher and rates adjust for investment property risk.
They're often similar, but it depends on the lender. We quote both programs and show you the real cost difference. Rates vary by borrower profile and market conditions.