P&L Loans for Self-Employed Borrowers

With Tony McConnell at The Mortgage Krew, P&L (Profit & Loss) Loans are designed to help self-employed borrowers in California qualify for home financing using their business performance instead of traditional W-2 income. By leveraging your P&L statements, lenders can see your actual revenue, expenses, and profitability, providing a clearer picture of your ability to repay a mortgage.
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Qualify Using Your Business Performance

With Tony McConnell at The Mortgage Krew, P&L Loans allow lenders to evaluate your business’s profitability over the past year or multiple years. By focusing on revenue minus expenses, these loans provide a realistic assessment of your cash flow and financial stability. Tony McConnell at The Mortgage Krew works closely with borrowers to organize P&L statements in a way that highlights consistent income and strengthens your mortgage application, ensuring you get the best possible financing terms.
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Designed for Self-Employed Professionals and Entrepreneurs

With Tony McConnell at The Mortgage Krew, P&L Loans are tailored for self-employed professionals, consultants, business owners, and independent contractors who want to leverage their company’s performance to qualify for a mortgage. Whether you run a small business, own a consulting practice, or operate multiple ventures, these loans provide flexibility to match your income structure. By focusing on profitability rather than taxable income, Tony McConnell at The Mortgage Krew helps borrowers access financing that reflects their true earning potential.
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Benefits of P&L Loans

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Qualify Using Business Profitability Use your P&L statements to reflect true earning potential.

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Ideal for Self-Employed Borrowers Perfect for business owners, consultants, and independent contractors.

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Flexible Loan Structures Available for primary residences, investment properties, and multi-unit homes.

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Faster Approval Process Reduced reliance on tax returns streamlines underwriting and closings.
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Flexible Terms and Loan Options

With Tony McConnell at The Mortgage Krew, P&L Loans come with a range of flexible loan terms, including fixed-rate and adjustable-rate options, competitive interest rates, and various down payment requirements. These loans can be used for primary residences, investment properties, or multi-unit homes. The flexibility of P&L Loans allows self-employed borrowers to align mortgage payments with business cash flow and long-term financial goals, providing both security and opportunity for growth.
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Why Choose Us

With Tony McConnell at The Mortgage Krew, self-employed borrowers across California receive mortgage solutions built specifically around real-world income, not rigid lending formulas. Traditional lenders often struggle to properly evaluate self-employment income, which leads to unnecessary denials or delays. At The Mortgage Krew, every loan strategy is designed to reflect how entrepreneurs, business owners, and independent professionals actually earn and manage money.

We are known for

We are known for offering alternative income options, including bank statement loans, P&L loans, 1099 income, asset utilization, and WVOE programs.

With Tony McConnell at The Mortgage Krew, every mortgage is structured around the borrower’s financial reality—not generic lender templates.

Clients choose The Mortgage Krew for honest guidance, clear expectations, and consistent updates throughout the loan process.

We are known for thorough preparation, lender-aligned submissions, and smooth closings that keep transactions on track.

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Why Choose Rapid Closing?

Choosing the right mortgage partner can make all the difference in your homeownership journey. At Rapid Closing, we combine speed, expertise, and personalized care to deliver financing solutions that are tailored to your goals. Whether you’re a first-time home buyer, refinancing, or exploring specialized programs, our team is dedicated to making the process smooth, transparent, and stress-free. With Rapid Closing, you’re not just getting a loan—you’re gaining a trusted partner who stands by you every step of the way.

We are known for

Fast & Reliable Closings – Streamlined processes that save you time and stress.

Wide Range of Loan Programs – From FHA and VA to DSCR, Jumbo, and USDA loans.

Personalized Guidance – Clear, step-by-step support with dedicated loan specialists.

Flexible Solutions – Options designed for first-time buyers, investors, and unique situations.

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"FAQs"

Yes. With Tony McConnell at The Mortgage Krew, self-employed borrowers have access to flexible loan programs such as bank statement loans, P&L loans, 1099 loans, asset utilization, and WVOE options designed specifically for non-traditional income.

Not always. With Tony McConnell at The Mortgage Krew, many programs allow qualification without tax returns, using alternative income documentation instead.

Yes. With Tony McConnell at The Mortgage Krew, zero down home loans and CalHFA FHA programs may be available for eligible California borrowers.

Yes. With Tony McConnell at The Mortgage Krew, ITIN Premier and ITIN Close Call loan programs are available for borrowers without a Social Security Number.

With Tony McConnell at The Mortgage Krew, properly prepared loans typically close within standard timelines, and proactive guidance helps avoid unnecessary delays.

Streamlined Process for Self-Employed Borrowers

With Tony McConnell at The Mortgage Krew, the P&L Loan process is designed to be efficient and transparent. By using your profit and loss statements rather than tax returns alone, underwriting can proceed faster, reducing delays and making it easier for self-employed borrowers to move forward with confidence. Tony McConnell at The Mortgage Krew provides guidance at every step, helping you prepare your P&L statements correctly, submit accurate documentation, and structure your loan application to maximize approval chances.