Our Programs 

CPA Prepared P&L

Available on Sequoia Non-QM

Qualify borrowers using their CPA Prepared P&L Statements.

  • P&L Statement Must be Prepared by a CPA
  • Obtain CPA Prepared P&L Statement Based on the Last 12 Months
  • Qualifying Income = Net Income/12/Percentage of Business Owned
  • No Expense Factor Required
  • Requires 2 Months of Business Bank Statements to Verify Income
  • Tax Returns Not Required
  • Up to 80% LTV
Sequoia Non-QM

How to Calculate Income Based on CPA P&L

The CPA P&L Program qualifies self-employed borrowers using a CPA-prepared profit and loss statement covering the most recent 12 months, verified with two months of business bank statements. Qualifying income is calculated by taking the net income from the P&L, dividing by 12, and applying the borrower’s percentage of ownership.

Price Your Scenario

Use our Quick Pricer or Talk To Your Account Executive

Need To Talk To An Account Executive?

Connect With Us Today!

Download Customizable Marketing Resources

Click on a flyer to download it directly to your computer! 

CPA Comparison Flyer
8 Ways to Qualify Flyer

See Our Current Turn Times For CPA Prepared P&L

CPA Prepared P&L FAQ

Yes, it can be a licensed tax preparer.

You will not need to provide tax returns, but you will need to proved 2 months of bank statements to verify the recent income.