P&L Only Program
Credit scores starting at 680 | Up to 80% Max LTV, No MI
NewPoint Mortgage’s P&L Only Program is the perfect option for borrowers who need an alternative method to show the strength of their business without having to show tax returns, submit a 4506-C or 12/24 months of bank statements.
- Recent 12 month Profit and Loss statement prepared by a licensed Tax Preparer or CPA
- Up to 80% Loan to Value (Max LTV)
- Loan amounts up to $3,500,000
- Primary, Second Home and Investment Properties
- Credit Scores as low as 680
- Unlimited cash-in hand for cash-out refi
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