Self-Employed Income Tool

P&L Income Evaluator

Compare your qualification options and find the best rate for your P&L-based income

Option 1: P&L with Bank Statement

Requirements:

Profit & Loss statement
One supporting bank statement
Deposits ≥ 80% of monthly P&L income
Most recent or upcoming statement

✓ Better rates with bank statement support

Option 2: P&L Only

Requirements:

Profit & Loss statement only
No bank statement required
No deposit verification needed
CPA-prepared recommended

✓ Fastest documentation process

P&L Income Evaluation

Choose your qualification path based on available documentation

P&L Statement Details

Upload your P&L statement or enter the details manually

Business Name

Owner Name

Annual Net Income from P&L

Net income as stated on your P&L statement

P&L Preparation

CPA Prepared

Self-Prepared

Bank Statement (for Option 1)

Most Recent Month's Total Deposits

Total deposits from your most recent bank statement

NSF/Overdraft Activity

None

Has NSF

Important Notes

• Rates shown are estimates and subject to change based on full application review

• For Option 1, use the most recent or upcoming bank statement

• CPA-prepared P&L statements may qualify for better terms

• Final rates determined by credit score, LTV, property type, and other factors

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Disclaimer: The rates and qualification results shown are estimates for educational purposes only. Actual rates and terms are subject to credit approval, property appraisal, and full application review. All loan decisions require MLO approval. Contact NorthStar Funding for a personalized quote.