– AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings Detail:
Overview
It’s a good choice for self-employed borrowers who can not be qualified with agency loan and do not want to provide varities of income documents.
Program Highlights
7/6 ARM (5/1/5); 5/6 ARM (2/1/5)
1) No CPA signature needed;
2) Foreign national allowed;
3) Loan amount up to $2.5M;
4) No tax returns needed;
5) Gift funds allowed;
6) Down payment as low as 30%;
7) Min. FICO 700.
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:
Your time is precious, and we respect that. At AAA LENDINGS, we're committed to streamlining the mortgage process to save you time and effort. Our online application is user-friendly and designed with your convenience in mind. You can complete the application at your own pace, from the comfort of your home or office. We know you have a busy life, and we aim to make the mortgage process engaging, efficient, and time-saving. – 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: Hungary , Slovakia , Angola , Our items have national accreditation requirements for qualified, high quality goods, affordable value, was welcomed by people today all over the world. Our products will continue to enhance within the order and look forward to cooperation with you, Should really any of these products and solutions be of curiosity to you, be sure to letus know. We are likely to be content to offer you a quotation up on receipt of your detailed needs.
By Elsie from Cyprus - 2018.07.12 12:19
Production management mechanism is completed, quality is guaranteed, high credibility and service let the cooperation is easy, perfect!
By Mike from Singapore - 2018.12.28 15:18