One Statement. A Full Picture.
Loans from $150,000 to $3.5 Million, qualified from a twelve month profit and loss statement prepared by a CPA, enrolled agent, or licensed tax preparer.
Qualify from a prepared profit and loss statement.
However your accountant reports it, there’s likely a path that fits.
- $150,000 to $3.5 Million on a prepared statement
- Twelve months of business results
- Established business owners
- Purchase or refinance primary, second, and investment homes
- Purchase and rate-and-term refinance available
- Fixed and adjustable rate options
- Financing to 80% of value on this route*
Qualify from a twelve month profit and loss statement
Prepared by a CPA, enrolled agent, or licensed tax preparer
Primary, second home, or investment property
One to four units, condominiums, and townhomes eligible
Purchase or refinance
Fixed-rate and adjustable-rate (ARM) options
What is the Saxton Profit and Loss Loan?
A loan qualified from one prepared statement
The Saxton Profit and Loss Loan qualifies business owners from a twelve month profit and loss statement, so a well-documented set of books can stand in for tax returns.
The statement must be prepared by a certified public accountant, an enrolled agent, or a licensed tax preparer, and some options ask for a short period of supporting bank statements.
Use it to purchase a home or refinance your current mortgage, on a primary residence, second home, or investment property, with loan amounts from $150,000 to $3.5 Million.
Why choose the Saxton Profit and Loss Loan?
Built for business owners whose accountant can document earnings faster than a tax return can.
Professional Practices
Medical, dental, legal, and consulting practices with books already in order.
Established Businesses
Two or more years of operating history documented in a single statement.
Seasonal Businesses
A full twelve month statement captures the slow months alongside the busy ones.
Owners With Clean Books
If your accountant already tracks it, the statement may be most of the work.
Second Home Buyers
Use the same documentation route for a vacation or secondary property.
CPA Prepared
A profit and loss statement from your accountant can stand in for tax returns.
Hear From Homeowners Like You
Frequently Asked Questions
The questions we get asked most about the Profit and Loss Loan.
A certified public accountant, an enrolled agent, or a licensed tax preparer. A statement you prepare yourself is not eligible on this route.
Twelve months. Loan amounts on this program run from $150,000 to $3.5 Million, generally starting around a 660 credit score.
Sometimes. Certain profit and loss options ask for a short period of supporting bank statements. A licensed loan officer will confirm which applies to your file.
The profit and loss route qualifies you from the prepared statement rather than from tax returns. Other documents may still be required to complete the file.
One to four unit properties, planned unit developments, townhomes, and warrantable condominiums. Non-warrantable condominiums are eligible with additional requirements.
Yes. Primary residences, second homes, and investment properties are all eligible, though terms differ by occupancy.
Yes. Primary residences, second homes, and investment properties are all eligible, though terms differ by occupancy.
Find out what you qualify for
Whether you’re buying or refinancing, there’s likely a Saxton Profit and Loss Loan option that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.