Profit and Loss Program

Cornerstone Mortgage Group, a leading mortgage company in New Jersey offers premier mortgage services. Whether you are looking for a home loan to purchase your first home or looking to get a better mortgage rate on your current house.

Cornerstone Mortgage Group offers a fantastic program called the Profit and Loss Program, which aims to help self-employed individuals qualify for a mortgage without the need to provide any business or personal tax returns. This is made possible by using a profit and loss statement that covers the previous 12 months of business activity, which is then used to determine the loan eligibility.

The Profit and Loss Program is a non-QM product offered by Cornerstone, and it offers a unique way for self- employed individuals to qualify for a mortgage without having to provide tax returns. This program is a great option for those who may have difficulty providing traditional documentation of income, and it can be a game-changer for those who need to purchase or refinance a home.

By leveraging this program, self-employed individuals can get the financing they need without worrying about providing tax returns. Instead, the focus is on their business activity over the past year, allowing for a more accurate assessment of their ability to repay the loan.

At Cornerstone Mortgage Group, we are committed to helping our clients find the best mortgage solutions for their unique situations. Our team of experienced professionals is dedicated to providing exceptional service and support throughout the loan process.

If you are a self-employed individual who is interested in learning more about the Profit and Loss Program or any of our other mortgage products, please visit our website or give us a call today. We are here to help you achieve your homeownership goals!


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.