Self Employed
P & L Loans
Show what your business earns and spends.
P & L means profit and loss. It is a report of the money your business makes and the money it spends. This loan may use that report to help show your income.
Written by Allen Hong, NMLS 1295255·Last updated: October 8, 2026
- ✓For people who own a business
- ✓Uses a report of business income and costs
- ✓Can help when tax returns do not show the full picture
Good to know
Some lenders require an accountant to prepare the report. They may also ask for bank statements or other records.
What should I have ready?
Your business income and cost report, if you have one.