Self-Employed Program
A Profit & Loss home loan lets self-employed Florida borrowers qualify using a statement prepared by a CPA or licensed tax preparer instead of tax returns. Quest Mortgage Services reviews the statement to calculate qualifying business income, alongside your credit, assets, and property.
Get a Free Mortgage ConsultationNo tax returns required
Use a CPA-prepared P&L statement to qualify
Available for purchase and refinance
Loan amounts up to $3 million
Primary residence, second home, and investment properties
Competitive interest rates
Have your CPA or licensed tax preparer create a current Profit & Loss statement for your business.
We review your P&L to determine qualifying income — no need to file or show tax returns.
Get pre-approved quickly with a soft pull credit check.
Close on your dream home with a streamlined process and dedicated support from Frank.
Eligibility
Self-employed for at least 2 years (same line of work)
P&L prepared and signed by a licensed CPA, EA, or tax preparer
Minimum 660 credit score (best pricing at 720+)
Down payment typically 10%–20%
Available for owner-occupied, second home, or investment property
Reserves of 3–6 months of mortgage payments
The Process
Your CPA prepares a YTD Profit & Loss statement.
We review the P&L and confirm qualifying income.
Soft-pull credit and pre-approval in 48 hours.
Smooth underwriting and on-time closing.
FAQ
A licensed CPA, Enrolled Agent (EA), or licensed tax preparer must prepare and sign the P&L. A self-prepared P&L is not accepted under this program.
Most programs require a year-to-date P&L plus the prior full year. Some accept a 12- or 24-month CPA letter in lieu of a P&L.
No. The P&L program is designed specifically to avoid the need for personal or business tax returns.
Yes — purchase or refinance on owner-occupied, second home, and investment properties are all eligible.
Get In Touch
Have a question about buying, refinancing, or which program fits your situation? Reach out for a free consultation — Frank responds personally.
Phone
(305) 299-6995Office
3105 NW 107th Ave, Suite 400-H5, Miami, FL 33172