– AAA Lendings Enhanced R series – Elite True Stated Income – AAA Lendings Detail:
Overview
Similar with True Stated Income.
CA, CO, GA, IL, VA, WA are available.
Program Highlights
7/6 ARM (5/1/5)
1) No P&L Needed;
2) No WVOE Needed;
3) No Tax Returns Needed;
4) No 4506-T Needed;
5) Gift funds allowed;
6) Loan amount up to $2.0M;
7) Purchase & R/T Refinance are available.
What is Elite True Stated Income?
• Do you know how to use enough assets only to qualify for you house mortgage loan?
• Were you suspended or denied by the lender for a WVOE (Written Verification of Employment) program?
• Do you have not enough assets when you want to buy your own house?
• Didn’t your employer want to provide a WVOE form or cooperate?
The program is similar with the {True Stated Income} program, it’s designed for salaried borrowers and self-employed borrowers.
How does Elite True Stated Income work?
Just like what the product name, this program is qualified with asset as well. See below:
If we choose the Elite True Stated Income, the borrower will only be required to provide an Asset Based Income on the Loan Application (1003). This income will be utilized to calculate qualifying debt to income ratio.
Who can apply for Elite True Stated Income?
As mentioned the above, whatever you are salary borrower or self-employed borrower, you can apply for Elite True Stated Income. For salary borrower, special documents are not needed when you apply a new house mortgage loan with a Non-QM lender. For self-employed borrowers or 1099 borrowers, a CPA letter is required.
Product detail pictures:
Related Product Guide:
Our commitment to transparency goes beyond the initial stages of the mortgage process. We ensure that you have a clear understanding of your mortgage terms, including interest rates, fees, and closing costs. There are no surprises on the closing day. We're dedicated to providing you with straightforward, jargon-free explanations, so you can confidently navigate the financial aspects of your home purchase or refinance. – AAA Lendings Enhanced R series – Elite True Stated Income – AAA Lendings , The product will supply to all over the world, such as: Lahore , India , Angola , Our company is an international supplier on this kind of merchandise. We offer an amazing selection of high-quality products. Our goal is to delight you with our distinctive collection of mindful products while providing value and excellent service. Our mission is simple: To provide the best products and service to our customers at the lowest prices possible.
By Polly
from
Moldova
-
2018.10.31 10:02
A nice supplier in this industry, after a detail and careful discussion, we reached a consensus agreement. Hope that we cooperate smoothly.
By Emily
from
New Zealand
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2018.11.11 19:52
