Minimum Credit Score
620
Down Payment
3.5%
Closing Time
21 days
Self-employed business owners, entrepreneurs, and borrowers with strong P&L statements but limited traditional documentation
18 months P&L prepared by a bookkeeper or tax pro
No pay stubs required
No bank statements required
Minimal documentation required
Perfect for self-employed borrowers
Fast approval process
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Only 18 months of P&L statements required
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No bank statements or pay stubs needed
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Perfect for business owners with clean financials
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Faster than traditional self-employed programs
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Fully delegated TPO lender licensed in 41 states
FHA Financing for Self-Employed Borrowers Made Easy
Self-employed? Business owner? FASTRAX FHA P&L-Only from The Lender AI is designed specifically for you. No more hunting for pay stubs or compiling years of bank statements - just provide 18 months of profit & loss statements.
Who Is This Perfect For?
- Self-employed business owners
- Entrepreneurs and startup founders
- Professionals with strong P&L statements
- Borrowers who work with accountants or bookkeepers
- Anyone tired of traditional self-employed documentation requirements
Why Choose FASTRAX FHA P&L-Only?
Traditional self-employed mortgage programs can require 2+ years of tax returns, countless bank statements, and extensive financial documentation. We've simplified the process:
- ✅ Simple Documentation: Just 18 months of P&L statements
- ✅ No Pay Stubs: Perfect for business owners
- ✅ No Bank Statements: Less paperwork, faster process
- ✅ Minimal Documentation: Streamlined underwriting
- ✅ Flexible Qualification: 620+ credit scores accepted
The Lender AI Difference
We're here to change the game. Our goal is to break down barriers and build real partnerships with brokers that feel collaborative, not transactional. We've created programs that help you close more loans and win - with faster turn times, stronger pricing, and unique product options.
Licensed in 41 states with 6 more pending. Ask about our additional programs offered through the non-delegated platform, including our DPA options.
Ready to Get Started?
Contact The Lender AI today to learn how FASTRAX FHA P&L-Only can help your self-employed clients achieve homeownership.
Contact The Lender AI today to learn more about FASTRAX FHA P&L-Only
