For self-employed borrowers
Your tax returns are for the IRS. Your bank statements are for the lender.
You wrote off everything you legally could. So the bank's math says your business earns less than it does, and you qualify for less house than you built. Three CPA templates fix the math. Free.
Instant delivery. Just your email. Built from the formats underwriters actually accept.
By Alexander Goode, Mortgage Loan Originator · NMLS #2840464
Three documents, written to lender spec
Expense Factor Reduction Letter
States your historical expense ratio in the format lenders accept: 30% instead of the default 50% assumption, for example, so more of every deposit counts as income. Firm letterhead, license number, and signature block are built in, plus a one-page checklist for your CPA.
CPA-Certified YTD P&L Statement
The certified profit-and-loss format lenders accept instead of tax returns: month-by-month income, standard expense categories, and the add-backs underwriters look for (depreciation, depletion, amortization). Includes the five questions underwriters ask about any P&L. Your CPA signs it; you submit it.
Balance Sheet Prep Guide
The balance sheet structure underwriters verify fast: assets, liabilities, equity, plus the four checks they run first (cash against statements, the equation, listed debts, matching dates). QuickBooks-friendly.
Questions about your specific file?
Book a 15-minute consultationUse it honestly
Not sure which loan fits your situation?
Answer a few questions about how you earn, and find your path.
Morty, Inc., NMLS #1429243. Loan originator: Alexander Goode, NMLS #2840464. Equal Housing Opportunity.