3.5% Down. No Tax Returns.
The only mortgage program combining a low down payment with P&L-based qualification. Built for self-employed borrowers your last lender turned away.
- 3.5% minimum down — not 20%
- Qualify on a 12 or 24-month P&L, not tax returns
- Up to the FHA county loan limit
- 21–30 day close possible
Get a real quote in 24 hours
No hard credit pull. No commitment.
How this stacks up
The only program in the market combining 3.5% down with no tax returns required.
| Conventional | FHA | Bank Statement | 3.5% Down P&L | |
|---|---|---|---|---|
| Min. down payment | 3.5–5% | 3.5% | 15–20% | 3.5% |
| Tax returns required | Yes | Yes | No | No |
| Income method | AGI / Schedule C | AGI / Schedule C | 12–24 mo deposits | 12–24 mo P&L |
| Self-employed friendly | Often no | Often no | Yes | Yes |
| Closing timeline | 30–45 days | 30–45 days | 21–30 days | 21–30 days |
Already shopping a bank statement loan?
If a lender has quoted you a bank statement loan, you've already accepted alt-doc qualification. The catch they didn't fix: 20% down. We run the same kind of qualification on a P&L instead — at 3.5% down.
Built for you if you're a:
Bank-statement-loan shopper
Already in-market for a 20%-down bank statement loan. We do the same alt-doc qualification at 3.5% down — keep the difference in your business.
High-write-off business owner
Strong revenue, aggressive (legitimate) deductions. Schedule C net doesn't tell your story. We use your real P&L.
Newer 1099 contractor
Less than two years on tax returns. Conventional won't touch you. You have the income — we just need to read it differently.
Cash-strong, down-payment-poor
Reserves tied up in equipment, inventory, or a recent business roll-over. You have cashflow, not 20% sitting in checking.
How it works
Send us your P&L
12 or 24 months, depending on your scenario. Borrower-prepared is fine — no CPA or bookkeeper required.
Real pre-qual in 24 hours
No commitment. No hard pull required for the soft review. Honest yes-or-no.
Close in as little as 21 days
Once you're under contract, we move fast. Most files close in 21–30 days.
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.
Frequently asked questions
Get a real answer in 24 hours.
You've already been told no by lenders who don't understand self-employed income. We do.
Get a real quote in 24 hours
No hard credit pull. No commitment.
NMLS# [###] · Best Finance · Equal Housing Lender. All loans subject to credit approval and underwriting. Rates, terms, and program availability subject to change without notice. Not a commitment to lend. Florida Mortgage Lender License MLD2499. Licensed in AZ, CA, FL, LA, TX.