Stated Income Solutions

LITE DOC (P&L) 
Mortgages Made Easy

Simplified documentation for self-employed borrowers and investors seeking flexible mortgage solutions.

Quick Approval
Streamlined Process
Minimal Docs
Less Paperwork
Expert Support
Dedicated Team

About Lite Doc Loans

Lite documentation (lite doc) loans are flexible financing solutions designed for self-employed borrowers or those with non-traditional income sources. These programs don't require full tax returns and instead allow alternative documentation to verify income.

Common Documentation Options:

Profit & Loss Statement (P&L):

A self-prepared or accountant-provided summary of your business income and expenses. Great for showing income without full tax returns.

Bank Statement Program:

Lenders review 12–24 months of personal or business bank deposits to calculate average monthly income.

VOE Only (Verification of Employment):

Employment and income are verified directly with the employer—no need for pay stubs or tax returns.

No Income - DSCR - Debt Service Coverage Ratio

DSCR loans may allow borrowers to qualify based solely on rental income projections, without traditional income documentation typically requiring strong credit, significant reserves, and a healthy DSCR without documentation, typically requiring strong credit and large down payments.

These programs are ideal for self-employed professionals, business owners, and others with complex or hard-to-document income streams.

Stated Income Loan Features

Why Choose Equitable Lending Mortgages

No Tax Returns Required

Flexible Income Verification

Ideal for Self-Employed Borrowers

Simplified Documentation Process

Great for Business Owners

Quick and Efficient Approvals

About Us

Simplifying Your Path to Homeownership

At Equitable Lending, we specialize in Direct Mortgage Lending, focusing on Mortgage Purchase Loans, Refinance Loans, and Reverse Mortgages.

FHA • VA • Conventional
Jumbo • Interest Only
First-Time Buyers
Investors • Non-QM

Ensuring you get the best rates possible

"Equitable Lending has been an invaluable partner in navigating the mortgage landscape. Their expertise enables us to pursue our dreams of homeownership with confidence."
5.0 Rating
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Equitable Lending

Works tirelessly to find the best financing options for all your mortgage needs.

Trusted Partner
Direct Lender
No Middleman
Expert Team
Mortgage Specialists
Fast Processing
Quick Approvals
Best Rates
Competitive Pricing

Frequently Asked Questions

How can I get started with a mortgage from Equitable Lending?

What types of mortgage products do you offer?

Are there any special programs for first-time homebuyers?

What documentation do I need to provide?

Can I refinance my existing mortgage?

What if I have issues with my mortgage application?

Can I expand my mortgage options later?

What is the warranty on your mortgage products?

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What Our Clients Think

Discover why thousands of homeowners trust Equitable Lending for their mortgage needs

5.0 / 5.0 Rating
Based on verified customer reviews
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"Equitable Lending made securing my mortgage a breeze! Their team was knowledgeable and guided me through every step, ensuring I made the best choice for my situation."
James
Verified Customer
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"I recently refinanced with Equitable Lending and the process was seamless. They provided great rates and exceptional service that exceeded my expectations."
Elaine
Verified Customer
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"Equitable Lending provided me with a reverse mortgage that has truly transformed my retirement experience. Their team was supportive and understanding throughout the entire process."
Sarah
Verified Customer
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Expert Consultation

Get in Touch with Equitable Lending

At Equitable Lending, we specialize in providing direct mortgage loans tailored to your needs, including Mortgage Purchase Loans, Refinance Loans, Reverse Mortgages, 2nd Loans, and HELOCs. We can assist with FHA Loans, VA Loans, Conventional Loans, Jumbo Loans, Interest Only Loans, Bank Statement Loans, No Tax Return Mortgages, Profit & Loss Statement Only Mortgages, P&L Mortgages and more.

From First Time Home Owners to Investors, we offer competitive solutions including Fix & Flip Mortgages, Construction and Development financing. Bring us any other Lender's offer and we'll likely BEAT it!

"Mortgages Made Easy."

Call Us Now
(877) 885 - 0111
Visit Our Office
2824 South Robertson Boulevard
Los Angeles, CA 90034
71+
Years Combined Experience
640+
Happy Clients

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