RESIDE · Edge Home Finance, LLC
A home for the way
you live.
Buying, refinancing or exploring equity? Start with your goal. We’ll work through the income picture together.
Self-employed home financing
Explore bank statement and P&L options for the home you’ll live in. We’ll discuss your income, your goals and the documentation a program may require.
Explore this option resideAsset-based qualification
Explore asset utilization or depletion options for owner-occupied financing. Retirees and asset-rich borrowers can discuss which resources a program may consider.
Explore this optionLooking for a traditional mortgage?
We can also discuss your owner-occupied purchase, refinance or equity financing using traditional income documentation. You don’t need to pick a program before starting.
ALREADY OWN A PROPERTY?
Self-employed, with equity to explore?
A P&L HELOC may let eligible self-employed owners use a profit-and-loss statement without supporting bank statements for income qualification, while keeping an eligible existing first mortgage. The P&L need not be audited and may be signed by a CPA, enrolled agent, or tax preparer with a PTIN. This is still a secured loan with credit requirements and a required initial draw.
Start with 740 minimum credit, up to 80% combined loan-to-value, two years self-employed in the same line of work and at least 50% business ownership. Luke can compare this path with the other HELOC and home equity investment options. Product, property and state restrictions apply.
Explore the P&L HELOC with Luke →Ready for your next step?
Luke Roasst · NMLS# 2311093Owner-occupied financing through Edge Home Finance, LLC · NMLS# 891464
Home financing by state
Local questions to work through alongside your income and financing options.
Tennessee
Moving a business, reading a reappraisal notice and budgeting the full payment.
Florida
Buyer-specific taxes, condominium financial records and insurance before an offer.
Georgia
Local homestead eligibility and closing coordination for business owners.
Hawaii
Fee simple versus leasehold, condo ownership and a P&L refinance example.
Kentucky
County PVA records, owner-specific exemptions, flood checks and business filings.
Washington
B&O gross receipts versus mortgage income, account transfers and insurance readiness.
California
Supplemental tax bills, insurance coverage and cash needed after closing.
Where can I explore financing?
FL, GA, TN, KY, WA, CA, HI
Availability depends on the property, loan purpose and individual program. This is not a loan approval or commitment to lend.