– AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings Detail:
Overview
Similar with P&L.
CA, CO, GA, IL, VA, WA are available.
Program Highlights
7/6 ARM (5/1/5)
1) No CPA signature needed;
2) Foreign national allowed;
3) Loan amount up to $2.0M;
4) No tax returns needed;
5) Gift funds allowed;
6) Down payment as low as 30%;
7) Min. FICO 680.
What is Elite P&L? Who can apply for Elite P&L?
• Are you a self-employed borrower?
• Did the lender require your business bank statements to get loan qualified? Did your mortgage lenders require you to sign the tax returns and provide transcripts?
• Have you ever been suspended or denied by the agency lenders? Did the lenders ever say “Per our guideline”?
• Do you know how you can qualify a house loan without any income documents?
AAA Lendings now offer an appropriate Non-QM loan program used in the above situations, which named as Elite P&L (Profit & Loss). Elite P&L is designed for borrowers who are self-employed and would benefit from alternative loan qualification methods. That’s the best benefit for self-employers. A CPA/CTEC/EA completed and signed P&L may be used as an alternative to tax returns to document a self-employed borrower’s income. Sometimes, we even accept borrower self prepared P&L, which is also a good news for some borrowers.
Fast Approval Requirements
When you submit loans to lenders, they may need a YTD(Year-to-Date) P&L (or plus a prior year P&L sometimes), business license, CPA letter, etc..
Besides, you may check with our Submission Team to calculate income before submit a loan.
Product detail pictures:
Related Product Guide:
While many lenders have limited their scope, we continue to expand our presence across various states, serving borrowers in 45 states, including some of the most dynamic markets like California and Texas. Our expansive reach allows us to understand and adapt to regional nuances, ensuring that our clients in different states receive localized support while still benefiting from our nationwide expertise. – AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings , The product will supply to all over the world, such as: Eindhoven , Buenos Aires , Senegal , We taking advantage of experience workmanship, scientific administration and advanced equipment, ensure the product quality of production, we not only win the customers' faith, but also build up our brand. Today, our team is committed to innovation, and enlightenment and fusion with constant practice and outstanding wisdom and philosophy, we cater to the market demand for high-end goods, to do experienced products and solutions.
By Elma
from
Sydney
-
2017.11.11 11:41
This enterprise in the industry is strong and competitive, advancing with the times and develop sustainable, we are very pleased to have a opportunity to cooperate!
By Bertha
from
UAE
-
2018.09.21 11:01
