Bank Statement – P&L Only
A Mortgage for the Self-Employed
Perfect for self-employed borrowers that have issues proving income with full documentation. We can qualify with bank statements or P&L and use asset allowance to get you into a home.
Qualify with Bank Statements or P&L Only
With multiple income calculation methods, BluEleven helps self-employed borrowers maximize their business earnings to qualify for our industry-leading bank statement program. Own multiple businesses? No problem. We can even include a spouse's W2 income if needed—no tax returns required!
No Tax Returns Required
Qualify using bank statements or CPA-prepared P&L statements instead.
Loan Amounts Up to $6,000,000
Substantial financing power for primary residences, second homes, and investments.
Include Spouse's W2 Income
Combine business income with spouse's W2 earnings — no tax returns needed.
Bank Statement & P&L Loan Options
Choose the program that best fits your financial situation and homeownership goals.
Optima
Qualify with 12- or 24-month bank statements
Qualify with P&L only. Include assets if needed.
- Loans from $300K to $6M
- Up to 90% LTV
- Min. FICO score: 660
- I/O payment option available
- Primary residences, second homes, or 1‐4 unit investment properties
Optima Plus
Qualify with 12- or 24-month bank statements
Qualify with P&L only. Include assets if needed.
- Loans from $300K to $3M
- Up to 85% LTV
- Min. FICO score: 660
- I/O payment option available
- Primary residences, second homes, or 1‐4 unit investment properties
If you can dream it — you can own it
Oceanfront Paradise
Wake up to breathtaking ocean views in your dream beachfront retreat.
Mountain Serenity
A cozy cabin in the mountains — your perfect escape from the everyday.
Luxury Getaway
From beachfront to mountain views — your dream vacation home awaits.
With BluEleven's amazing Bank Statement programs, we make it easier than ever for self-employed borrowers to qualify without the hassle of tax returns. Whether it's a cozy cabin, a beachfront retreat, or a luxury getaway, we're here to turn your vision into reality.
Frequently Asked Questions
Bank statement loans use 12-24 months of personal or business bank statements to calculate qualifying income. Instead of tax returns, lenders average your monthly deposits to determine your income. This is ideal for self-employed borrowers who write off significant business expenses.
Optima offers loans from $300K to $6M with up to 90% LTV. Optima Plus offers loans from $300K to $3M with up to 85% LTV. Both programs accept bank statements or P&L only, have a 660 minimum FICO, and offer interest-only options. Both cover primary residences, second homes, and 1-4 unit investment properties.
Yes! Both Optima and Optima Plus allow qualification with a CPA-prepared P&L statement only. You can also include assets if needed to strengthen your application.
Both Optima and Optima Plus require a minimum FICO score of 660. Higher credit scores may qualify for better rates and terms.
Absolutely! Our Bank Statement programs cover primary residences, second homes, and 1-4 unit investment properties. Whether it's a beachfront retreat or a mountain cabin, you can qualify without tax returns.
Yes! We can include a spouse's W2 income alongside your self-employed income — no tax returns required for either of you.
No problem. We can combine income from multiple businesses using bank statements or P&L statements from each entity.