top of page
P&L Only Loans
For self-employed borrowers who maintain accurate business records, our P&L Only Loan program offers a straightforward, documentation-light path to approval. Redefine Lending leverages decades of non-QM experience to evaluate income through CPA-prepared profit and loss statements, making qualification faster and more practical. We prioritize communication and efficiency, ensuring a smooth experience for both brokers and borrowers. Every loan reflects our deep understanding of unique financial profiles—and our commitment to redefining the lending process itself.
Feature | Standard | Redefine |
|---|---|---|
Approval Speed | Slow, detailed documentation required | Rapid review using profit & loss statements |
Documentation | Heavy documentation, verification-heavy | Streamlined, focused on P&L |
Borrower Flexibility | Narrow borrower acceptance | Self-employed and small business owners |
Turn Times | Unpredictable and slow | Consistent, reliable closings |
Expertise | Generalist lenders, limited guidance | Specialized team for Non-QM P&L transactions |
Feature | Redefine |
|---|---|
Approval Speed | Rapid review using profit & loss statements |
Documentation | Streamlined, focused on P&L |
Borrower Flexibility | Self-employed and small business owners |
Turn Times | Consistent, reliable closings |
Expertise | Specialized team for Non-QM P&L transactions |
bottom of page