Qualify Self Employed with CPA-Prepared P&L

Newfi Wholesale Products

Sequoia CPA allows self employed borrowers to qualify their income based on a CPA prepared P&L over a 12 month period. Tax returns not required!

  • Qualify using CPA prepared P&L covering the past 12 months
  • Loan amounts up to $2,000,000 on purchase and R&T transactions
  • Cash out loan amounts to $1,500,000 with up to $1,000,000 cash to borrower
  • 4 years seasoning from foreclosure, short sale, BK or DIL
  • Flexible tradeline requirements
  • Non occupant co-borrower with true blended ratios OK
  • OK to use cash out proceeds for reserves
  • 5/1, 7/1 and 30yr fixed terms
  • Qualify using CPA prepared P&L covering the past 12 months
  • Loan amounts up to $2,000,000 on purchase and R&T transactions
  • Cash out loan amounts to $1,500,000 with up to $1,000,000 cash to borrower
  • 4 years seasoning from foreclosure, short sale, BK or DIL
  • Flexible tradeline requirements
  • Non occupant co-borrower with true blended ratios OK
  • OK to use cash out proceeds for reserves
  • 5/1, 7/1 and 30yr fixed terms