Corva Launch P&L Only Matrix

CPA or licensed tax preparer profit and loss statement program for self-employed borrowers with verifiable business revenue.

Underwriting Specifications & Parameters

MAXIMUM LTV 80%
MINIMUM FICO 660
MAX LOAN LIMIT $3,000,000
UNDERWRITE SLA < 24 Hours

Program Highlights & Selling Points

  • 12 or 24-month CPA/EA/CTEC prepared Profit & Loss statement
  • No bank statements or tax returns required for underwriting
  • Max LTV up to 80% with loan amounts to $3.0M
  • Credit scores starting at 660
  • Primary and secondary residences eligible

Program Overview & Guidelines

Corva Launch P&L Underwriting Guidelines

Streamlined alternative for established self-employed borrowers whose CPA maintains rigorous bookkeeping. Qualifying monthly net income is established directly from a certified 12 or 24-month P&L statement.

Official Program Guidelines & Matrix

Complete underwriting guidelines, reserve requirements, and matrix specifications (PDF).

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