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  • Writer's picturePineyro Capital Group #420112

Unlocking Homeownership: A Guide to Profit and Loss Mortgages in Florida


Inquiries often come our way: "Do we offer a profit and loss only mortgage loan in Florida?" The answer is a resounding YES! However, before delving into this mortgage loan option, it's crucial to understand its nuances and whether it's the right fit for you.

Understanding Profit and Loss (P&L) Loans

A Profit and Loss (P&L) loan is a specialized mortgage tailored for self-employed individuals or business owners. Similar to bank statement loans, these mortgages cater to individuals with unconventional income sources who seek mortgage qualification based on their P&L statements rather than traditional documents like tax returns or W-2 forms.

P&L loans analyze a business's profit and loss statements to assess financial viability, providing a flexible lending approach that aligns with the unique financial circumstances of self-employed individuals. They are particularly ideal for:

  • Self-employed individuals leveraging tax deductions to reduce reported income.

  • Small business owners or entrepreneurs deriving income from business ownership.

  • Freelancers or gig workers with irregular income patterns.

How P&L Loans Operate

Instead of relying on personal income, P&L loans evaluate a business owner's profit and loss statements over a specified period, typically a year. These loans acknowledge the natural income fluctuations inherent in self-employment, offering adaptability to the irregularities often encountered in entrepreneurial endeavors.

Benefits of P&L Mortgages

P&L mortgages provide numerous advantages, including:

  • Flexibility in income documentation: They allow the use of business profit and loss statements for income verification.

  • Accommodation for irregular income: Variations in income are acknowledged, simplifying qualification for borrowers with irregular earnings

  • Customized eligibility criteria: Lenders offering P&L mortgages often have more lenient requirements tailored to self-employed individuals and business owners.

  • Higher loan approval chances: Individuals with variable incomes or those taking tax deductions may find it easier to qualify for P&L loans.

  • Entrepreneurial flexibility: P&L loans accommodate various income sources, ideal for individuals with multiple revenue streams or unconventional business structures.

  • Competitive interest rates: While rates vary, P&L mortgages often offer competitive terms.

  • Fast loan processing: With streamlined income verification, P&L loans may have quicker processing times than traditional mortgages.

Requirements for P&L Mortgages

To qualify for a P&L mortgage from Pineyro Capital Group Inc., NMLS# 420112, applicants must meet the following criteria:

  • At least two years of self-employment.

  • Submission of at least one profit and loss statement.

  • Maintenance of three months of PITI reserves in the bank for loan amounts under $1M.

  • A credit score of 599 or above.

  • Minimum loan amount of $100,000 and maximum loan of $4M

  • Down payment of at least 10%, varying with credit score.

  • Required financial reserves depending on the loan amount.

Apply for a P&L Loan Today

Experience the freedom of flexible financing designed for self-employed individuals and business owners. With Pineyro Capital, you'll find streamlined documentation, tailored eligibility, and competitive rates. Don't let conventional loan requirements hinder your homeownership dreams — apply for a P&L loan today and step into the home you've been dreaming of. Explore this program and all our other mortgage loan options tailored for business owners and entrepreneurs in Florida.

Join Us


Are you ready to embark on a transformative journey as a dual-licensed real estate agent and mortgage loan originator? Join Pineyro Capital Group Inc. and become part of a dynamic team dedicated to excellence and innovation. Together, we will navigate the intricacies of dual licensing and harness its full potential to achieve unparalleled success. Contact us today to explore exciting career opportunities and take the first step towards a brighter future with Pineyro Capital Group Inc. 


With Pineyro Capital Group Inc., the possibilities are limitless. 




In wrapping up, Pineyro Capital Group Inc. (PCG) emerges as a trusted cornerstone in the lending landscape, firmly rooted in the heart of Florida. Since our inception in 1998, we've been dedicated to serving our community with integrity and proficiency. Our seasoned team, boasting over 50 years of combined experience, consistently achieves an impressive 98% success rate from loan approval to closing, a testament to our unwavering commitment to our clients' satisfaction.


At PCG, we pride ourselves on our versatility and comprehensive approach to lending. Whether it's a residential or commercial endeavor, we offer an extensive array of loan options tailored to suit every need. From government-backed programs like FHA, FNMA, VA, and USDA to innovative solutions in non-QM lending, we cover the full spectrum of financial possibilities. Our offerings span from traditional purchases and refinances to specialized products like reverse mortgages, bank statement loans, fix and flip financing, and ground-up construction projects, among others.


We understand that each financial situation is unique, which is why we prioritize personalized service and customized solutions. Our dedication to excellence extends beyond mere transactions; it's about forging lasting relationships built on trust and reliability. Whether you're a first-time homebuyer, a seasoned investor, or a business owner seeking funding, PCG is here to guide you every step of the way.


Don't hesitate to reach out to us via the provided link here or call toll-free 1 (833) 247-5626. Let us be your partner on the path to financial success, empowering you to achieve your goals with confidence and peace of mind. With Pineyro Capital Group Inc., your financial future is in capable hands.


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