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In the world of mortgage lending, accessibility is key. Our digital mortgage platform is designed with your convenience in mind. You can apply for a mortgage, upload documents, and track your loan progress online, all from the comfort of your home. We've created an engaging digital experience that puts you in control, ensuring that you can manage your mortgage application at your own pace, 24/7. Top Home Mortgage Lenders , Top Dscr Mortgage Lender , Primary Home , Beyond traditional mortgage products, we offer a range of niche lending solutions that cater to specific client needs. Our 'Non-QM' loan products are designed for unconventional financial scenarios, making us a go-to lender for borrowers who don't fit the traditional mold. We believe that there is a mortgage for everyone, and our specialized loan options demonstrate our commitment to inclusivity.
– 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:

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: Saudi Arabia , Jakarta , Chicago , Regarding quality as survival, prestige as guarantee, innovation as motive force, development along with advanced technology, our group hopes to make progress together with you and make untiring efforts for the bright future of this industry.
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    5 Stars By Miranda from Iran - 2017.06.25 12:48