How much could you qualify for on a 3.5%-down P&L mortgage?
Enter your average monthly net profit and your monthly debts. We’ll show you the qualifying range in seconds — no credit pull, no commitment. Built for self-employed, 1099, and gig-economy buyers who don’t fit conventional underwriting.
- 3.5% minimum down — not 20%
- Qualify on a 24-month P&L you prepare yourself — no tax returns, no CPA required
- Get a free P&L preparation guide with your result
What you could qualify for
Two numbers. Ten seconds. No credit pull, no email yet.
Directional estimate. Subject to credit, reserves, and property location. Capped at FHA county loan limit.
You may qualify in the $XXX–$XXX range.
Get our free P&L preparation guide — the same template our underwriters accept on file — emailed in 60 seconds.
How the calculator works
We apply the same back-of-envelope math an underwriter uses on an alt-doc P&L file: your monthly net profit is the income, 50% of it is the maximum housing payment plus other debts, and we back out a loan size from a current alt-doc rate plus a typical taxes-and-insurance estimate. The result is capped at the FHA county loan limit.
Why a range, not a single number
The exact figure depends on credit, reserves, the property, and county loan limit — variables we can’t see from two inputs. The range you see is honest. The exact number takes a short application; opt in below and we’ll email you the free P&L preparation guide first, then walk you through it on the phone.
Why this beats a bank statement loan
Same alt-doc qualification, but 3.5% down instead of 20%. On a $500,000 purchase that’s about $82,500 you keep in your business instead of in the down payment.
Self-prepared P&L, no CPA letter
The free guide we email you is the same simple template we accept on file — plain English, no accounting jargon, and no CPA signature required.
How it works
Run the calculator
Two numbers — monthly net profit and monthly debts — gives you a directional qualifying range.
Get the free P&L preparation guide
Drop an email. We send the same simple P&L template our underwriters accept on file — plain English, no CPA letter — so you arrive on day one with a clean file.
Talk to a human or book a time
Call us directly or pick a time on the calendar. We confirm the real number and map your path to pre-approval.
Founded by Chris Harris — UCLA-trained electrical engineer, NASA veteran, inventor of a life-saving robotic medical device. Best Finance was built to bring engineering rigor to mortgage lending.
The Lesson
The number on a P&L is almost always materially higher than the number on a tax return for the same business. That gap is the entire point of this program.
Frequently asked questions
How accurate is this calculator?
Who prepares the P&L?
Do I really not need tax returns?
What if my number is lower than the calculator says?
NMLS# 2011725 · Best Finance · Equal Housing Lender. Calculator output is a directional estimate based on the inputs you provide and current alt-doc underwriting assumptions. Not a commitment to lend. All loans subject to credit approval and underwriting. Rates, terms, and program availability subject to change without notice.