Wholesale - AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings lender and investor

Product Detail

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. Rent Loss Insurance Coverage , Credit Report , Dre Broker , At AAA LENDINGS, we operate under the firm belief that 'No Loan is impossible.' This belief is the driving force behind our operations and is embodied in our motto, Able to Assist, Always. It encapsulates the true essence of our AAA brand. We recognize that different customers and diverse lending scenarios require unique solutions, and we are fully prepared to offer them.

– 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.

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For many of our clients, a mortgage is more than just a financial transaction; it's a significant life milestone. Whether you're a first-time homebuyer or a seasoned real estate investor, we approach each application with the care and attention it deserves. We take the time to understand your goals and aspirations, ensuring that your mortgage aligns with your vision for your future. – 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: Botswana , Bangalore , Karachi , Our company abides by the management idea of keep innovation, pursue excellence. On the basis of assuring the advantages of existing products, we continuously strengthen and extend product development. Our company insists on innovation to promote the sustainable development of enterprise, and make us become the domestic high-quality suppliers.

-AAA Lendings