FOR CPAs, EAs & BOOKKEEPERS

Great tax planning shouldn’t cost your client their home.

Your self-employed client wrote off what the tax code allows. Then a lender looked at the return and saw a small number. Save Financial is a California mortgage broker that can qualify them on a CPA-prepared, unaudited P&L with no tax returns and no bank statements to prove income, on 12 months of bank statements, or on assets.

Find the right loan in 30 seconds Send a scenario

Since 2009
200+ self-employed loans closed
Same-business-day scenario review
No client names needed

Play with the write-off paradox

Drag the sliders 👇 and watch what a tax-return lender sees compared with what a P&L lender sees.

Business revenue $575,000

Real operating costs $241,000

Tax write-offs (depreciation, SEP IRA, vehicle…) $200,000

Illustration of the arithmetic only. Not an income calculation, a quote or a loan offer. Each lender’s guidelines decide what income counts.

What the tax return shows

What the P&L shows (real profit)

Same client. Same business. Two very different numbers, and it’s the tax planning that created the gap.

Which loan fits this client? ↓

Answer 2 quick questions. See your client’s likely loan.

This is interactive: tap one option in each row. The answer appears below, then tap the gold button to send it to Mike with your answers already filled in.

STEP 1 · TAP ONE How can your client best show their income?

STEP 2 · TAP ONE What do they want to do?

👆 Your answer shows up here. Tap one option in each row above.

YOUR RESULT: LIKELY FIT

What we look at

What we don’t need

STEP 3 · LAST STEP: nothing is sent until you tap this button and submit the form.

Step 3: Send this to Mike →

Likely fit only, not an approval or a commitment to lend. Credit, down payment or equity, property and lender guidelines decide the final answer. Home equity loans and HELOCs are secured by the home. All loans subject to credit approval.

Tap a card, see the program

The programs CPAs ask us about most. Click one to open it.

📑P&L only

Your numbers, no tax returns

Income comes from a profit and loss statement prepared and signed by a CPA, Enrolled Agent or licensed tax preparer. It’s a standard unaudited preparer-prepared statement, not an audit. No tax returns and no bank statements to prove income, because the income comes from the P&L. We still document other parts of the file, such as proof of the business and the source of the down payment. P&L loan details →

🏦12-month bank statements

Let the deposits tell the story

Income is figured from 12 months of personal or business bank deposits, no tax returns. Good for clients whose deposits are strong but whose returns are small. A 24-month version is also available. Bank statement loan details →

🧾1099 income

For contractors and gig workers

Qualifies on gross 1099 income with an expense factor, instead of the tax return. 1099 loan details →

💰Asset depletion

Savings as income

Qualifying income is calculated from liquid assets. Handy for retirees and for clients who recently sold a business. Asset-based loan details →

🏠DSCR rentals

The property pays for itself

For investment property, qualified on the property’s rent, not the owner’s personal income. DSCR loan details →

🧱Bank statement HELOC

First mortgage stays untouched

A HELOC or home equity loan sits behind your client’s existing first mortgage and is qualified on bank statements for self-employed owners. Your client’s home secures the loan, and terms vary by lender. HELOC · Home equity loan

Myth or fact?

Tap each one to flip it.

❌ MYTH: “Lenders only care about the tax return.”TAP TO SEE THE FACT

FACT: That’s true of conventional loans. Non-QM programs can qualify on a CPA-prepared P&L, bank statements, 1099s or assets instead.

❌ MYTH: “A P&L loan means the CPA has to audit the books.”TAP TO SEE THE FACT

FACT: No audit. The P&L is an unaudited statement your client’s CPA, EA or licensed tax preparer prepares and signs. They aren’t guaranteeing the loan or the income.

❌ MYTH: “To get cash from the home, my client has to refinance and lose their first mortgage.”TAP TO SEE THE FACT

FACT: A HELOC or home equity loan goes behind the first mortgage, so the first stays as it is. Home equity products are secured by the home and terms vary by lender.

❌ MYTH: “A CPA letter means the CPA guarantees the income.”TAP TO SEE THE FACT

FACT: It confirms what you prepared. It isn’t a guarantee of future income. What a CPA letter should and shouldn’t say →

How a scenario review works

Fast, private and free.

You send the situation

Two lines is plenty. No client name or personal details needed.

We reply, usually the same business day

You hear which program fits and what the file would need.

Your client decides

If they want to move ahead, we explain the documents we need and why, so you aren’t fielding confused calls.

We don’t pay or accept referral fees. Federal law (RESPA Section 8) prohibits paying for mortgage referrals, so our partnerships are about serving clients well, not compensation.

Partner with us

Scenario reviews: send a client situation and we’ll tell you which program fits and roughly what they’d qualify for, usually the same business day.
A listing on this page with a link to your firm.
Co-written content: an article or webinar for both our audiences on qualifying for a mortgage after aggressive write-offs.

Our partner firms

Partner listings are being added. If you’d like your firm listed here, email mike.basti@iloanca.com with your firm name, location and website.

A ready-to-use blurb for your website

Feel free to copy this onto your resources page:

Mortgages for self-employed clients. If your tax returns show less income than your business really earns, a non-QM mortgage can help. Save Financial, a California mortgage broker since 2009 (NMLS #377740), qualifies self-employed borrowers using 12 to 24 months of bank statements, a CPA-prepared P&L, or liquid assets instead of tax returns. Learn more at iloanca.com.

Send a scenario or ask a question

One form for both. Pick what you need, fill it in, and press the gold button. Mike replies, usually the same business day. No client names or personal details are needed.

Talk to Mike

Mike Basti, President and Mortgage Broker (NMLS #322904), works with CPAs directly. Call or text (949) 379-5320 or email mike.basti@iloanca.com.

Save Financial, Inc. is a mortgage broker, NMLS #377740, licensed by the California Department of Real Estate, DRE #01875766. All loans are subject to credit approval. Equal Housing Opportunity.