Most business owners ask a lot of smart questions.

But there’s one question they don’t ask often enough—and it quietly costs them years of waiting, renting, or assuming homeownership just isn’t in the cards.

That question is:
“What’s a P&L loan?”

When you hear the answer, it tends to feel less like new information and more like discovering the rules were different the whole time.

What a P&L Loan Actually Is (In Plain English)

A P&L loan qualifies you for a mortgage using a Profit & Loss statement instead of traditional documentation like tax returns or bank statements.

That’s it. No trick. No gimmick.

This type of loan is designed specifically for business owners with strong revenue whose tax returns don’t tell the full story—or any useful story at all.

Your CPA prepares a simple document showing:

• Business income

• Business expenses

• Net profit over the past year

That single document becomes the foundation for qualifying.

Not what your business looked like 18 months ago.
Not what deductions made it look like on paper.
What it looks like now.

Why Traditional Underwriting Fails Business Owners

If you’re self-employed, you already know this pain:

You’re doing well.
The business is humming.
Cash flow is solid.

And yet the moment a banker looks at your tax return, the conversation changes.

That’s because traditional underwriting is backward-looking and deduction-blind. It punishes smart business owners for:

• Writing off expenses correctly

• Reinvesting in growth

• Having an off year that no longer reflects reality

A P&L loan flips that script.

It evaluates the actual health of your business today, not a stale snapshot from the past.

Who P&L Loans Are Especially Good For

This approach shines for:

• Business owners who keep tight books

• Entrepreneurs who had a temporary dip last year

• Self-employed borrowers avoiding mortgages out of fear, not lack of ability

A strong P&L can open doors that traditional underwriting would slam shut without discussion.

And if your CPA can confidently stand behind your numbers?
That’s where the real leverage comes in.

Turning a CPA’s Confidence Into a Mortgage

A P&L loan isn’t about bending rules—it’s about using the right rules.

When your CPA can vouch for your business performance, that information can be translated into a mortgage structure that actually fits your world.

This is where experience matters.

Not every lender understands how to read a business.
Not every loan officer knows how to turn a clean P&L into an approval.

That’s why working with Rich Bonn at Habayit Home Loans matters. The focus isn’t on forcing you into a box—it’s on choosing the box that was built for you in the first place.

The Takeaway Most Business Owners Miss

If you’ve been avoiding the mortgage conversation because:

• You’re worried about what your tax return says

• You don’t want to hear “no” from a banker

• You assumed self-employment made things harder

There’s a strong chance this is the program you needed all along.

No pressure.
No hype.
Just a smarter way to tell your financial story.

Ready to See If a P&L Loan Fits Your World?

If your business is performing and your books reflect that—even imperfectly—this option is worth exploring.

Clarity beats guessing.
Information beats avoidance.
And the right structure beats the wrong denial.

Contact Information

Rich Bonn
Habayit Home Loans
📞 281.841.1723
📍 4660 Beechnut St, Ste 225, Houston, TX 77096