Comparing Alternative Documentation Mortgage Programs
| Program | Documentation | Best For |
|---|---|---|
| Bank Statement Loan | 12–24 months deposits | High revenue businesses |
| P&L Loan | CPA prepared P&L | Service businesses |
| 1099 Loan | Contractor income | Independent contractors |
| Program | Documentation | Best For |
|---|---|---|
| Bank Statement Loan | 12–24 months deposits | High revenue businesses |
| P&L Loan | CPA prepared P&L | Service businesses |
| 1099 Loan | Contractor income | Independent contractors |