RESIDE · Edge Home Finance, LLC
Self-employed? Let’s explore your home-financing options.
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.
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 →- 01
Your goal
Tell us about the home and what you want to achieve.
- 02
Your documentation
Requirements depend on the program and your financial picture.
- 03
Your next step
Start in ARIVE, or talk with Luke before applying.
Prefer to explore first?
Tools help you prepare a scenario. Results are estimates, not an approval.
Bank statements or a P&L?
Compare how accounts, business records and timing can shape the income-documentation choice.
A few useful answers
Do I need to choose a program before contacting Luke?
No. Start with your financing goal and the property. We can discuss which options may fit and the next steps.
What happens when I select the application button?
You’ll continue to the Edge Home Finance, LLC application portal powered by ARIVE. If you would like help first, book a conversation with Luke.
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.
Luke Roasst · NMLS# 2311093Owner-occupied financing through Edge Home Finance, LLC · NMLS# 891464