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A P&L loan, short for “Profit and Loss loan,” is a type of financing that’s often extended to self-employed individuals or businesses that might not have traditional income documentation like pay stubs or W-2 forms.
Key Highlights of the Quintessential Mortgage Group P&L Program:
Our team understands the complexities of P&L loans. They can prove to be a valuable program designed to accommodate those whose income might fluctuate or might not be easily captured through traditional employment documentation. They aim to provide access to financing based on the profitability of the business rather than solely relying on conventional income verification methods.
Please contact our skilled team of loan officers today at Quintessential Mortgage Group with any questions and see if our P&L program works for you.
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Disclaimer: This calculator is provided for informational purposes only. It is not an indication of loans available through Quintessential mortgage Group, LLC.