Logan P&L

Use P&L To Streamline Self-Employed Borrower Loans

P&L Loan Benefits

Have Self-employed borrowers who don’t want to use tax returns or bank statements – no problem. Qualify your clients with a CPA or EA prepared P&L. Logan’s P&L Program gives your eligible Self-Employed Borrowers the flexibility to borrow up to $2.5 million using a P&L Statement in lieu of tax returns.

  • Max Loan Amount $2.5 million

  • Min 660 Credit Score

  • 12 or 24 Months Business, Personal or Both Ok

  • Primary, 2nd Home & Investor Properties

  • No LTV Restrictions for Condos

  • Non Warrantable Condos OK

  • Up to 80% LTV – Exceptions possible

  • Gift of Equity Ok on Primary Homes

  • Interest Only Options Available

  • Max 6 loans or $5M – which ever comes first

I Want to Know More

If you would like to hear more about the Logan Model, feel free to contact us.