LICENSED IN VA · MD · DC · CA · FL · TX · WV ·
P&L Only Mortgage Loans
One CPA Document Replaces the Bank Statement Requirement Entirely.
INTRODUCTION
What is a P&L only mortgage and how does it work?
A P&L only loan uses a CPA-prepared profit and loss statement as the sole income documentation — no bank statements, no tax returns. The CPA prepares 12 or 24 months of gross revenue and business expenses, producing a net income figure that becomes the qualifying income for DTI calculation. The CPA also provides a certification letter confirming they prepared the P&L and that the borrower has been self-employed for at least 2 years.
Some business owners have straightforward banking but complex income structures across multiple entities. Others have clean P&L records but messy banking that would take months to organize for a statement submission. The P&L only mortgage was built for both situations.
The program uses a single document — a CPA-prepared profit and loss statement for 12 or 24 months — as the sole income documentation. No bank statements. No tax returns. Just a professionally prepared income statement signed by your accountant and a certification letter confirming your 2-year self-employment history.
P&L Only Loan
HOW P&L ONLY LOANS WORK
What do I need to qualify for a conventional loan in 2026?
Access Financial provides CPAs with the exact format guide before they begin — so there are no resubmissions, no rewrites, and no delays from a P&L that does not meet program specifications.
THE P&L LOAN MARKET
16.5 Million Self-Employed American Many With Complex Banking That P&L Solves Better.
The Census Bureau reports 16.5 million self-employed Americans as of 2023. Among business owners with multiple entities — an operating LLC, a holding company, and a real estate LLC — gathering 24 months of statements across all accounts is a significant undertaking that may take weeks to organize. A CPA-prepared P&L for the operating entity produces the same income figure in 2 to 3 business days once the CPA has the format requirements. Access Financial specifically identifies P&L only as the preferred program for business owners with complex multi-entity banking structures.
| CPA P&L Loan Benefit | Overview |
|---|---|
| Made for Self-Employed Borrowers | A financing option designed for business owners. |
| Quick CPA Documentation | Financial statements can be prepared in a short time. |
| No Bank Statements Needed | Qualification is based on CPA-prepared financials. |
THE 3 QUESTIONS P&L BORROWERS ASK MOST
One CPA Document No Bank Statement Your Business Income Qualifies You.
If your banking is complex but your CPA maintains organized P&L records, a P&L only mortgage is the cleanest qualification path available. Access Financial provides CPAs with the format guide upfront, issues your pre-approval in 24 hours, and closes in 30 to 45 days.