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The dream of homeownership isn't limited to traditional homebuyers. At AAA LENDINGS, we have specialized programs to cater to non-traditional borrowers. If you're self-employed, have a fluctuating income, or face unique financial circumstances, our loan options can capture your interest. We embrace diversity in borrowers and actively seek out innovative lending solutions, ensuring that your journey to homeownership remains engaging, regardless of your financial situation. Mortgage Broker Utah , Mortgage Lender Fees , Top 5 Mortgage Refinance Companies , At AAA LENDINGS, we're your partner for the long term. Our post-closing services are designed to keep you engaged even after your mortgage is secured. We offer ongoing resources, such as home maintenance tips, investment guidance, and periodic mortgage check-ins to ensure your financial goals are on track. Our relationship with you doesn't end at closing; it's an enduring commitment to your financial well-being.
– AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings Detail:

E PL 2

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 the 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?

Elite P&L (Profit & Loss) is designed for self employed borrowers who typically have a lot of writes-off on their tax return to lower their income that would not be sufficient to qualify for agency programs, would benefit from alternative loan qualification methods. 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. In addition, a self-prepared P&L from borrowers can sometime be accepted.

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..

Submission Team is available to calculate income for the borrower before submitting a loan.


Product detail pictures:

– AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings detail pictures


Related Product Guide:

Transparency is at the core of our operations. We take pride in our open and honest communication with our clients. No hidden fees, no surprises. We provide clear, straightforward information about your mortgage options, ensuring you have all the facts to make informed decisions. Our goal is to build trust with our clients by being forthright and transparent, making your home financing experience as smooth as possible. – 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: Philippines , Bogota , Korea , Our items are widely recognized and trusted by users and can meet continuously changing economic and social needs. We welcome new and old customers from all walks of life to contact us for future business relationships and mutual success!
  • Problems can be quickly and effectively resolved, it is worth to be trust and working together.
    5 Stars By Penelope from Myanmar - 2017.11.29 11:09
    This supplier offers high quality but low price products, it is really a nice manufacturer and business partner.
    5 Stars By Mavis from Romania - 2017.08.16 13:39