– AAA Lendings Enhanced R series – Elite True Stated Income – AAA Lendings Detail:
Overview
Similar with True Stated Income. 7/6 ARM (5/1/5).
CA, CO, GA, IL, VA, WA are available.
Details
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 asset 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 so much asset when you want to buy your own house?
• Didn’t your employer want to provide a WVOE form or cooperate?
If you have ever met the above situations, meet the Elite True Stated Income. The program is similar with the {WVOE} 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 theElite 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: Hongkong , USA , Azerbaijan , Faced with the vitality of the global wave of economic integration, we are confident with our high-quality products and sincerely service to all our customers and wish we can cooperate with you to create a brilliant future.
By Annie
from
Guyana
-
2017.12.02 14:11
Although we are a small company, we are also respected. Reliable quality, sincere service and good credit, we are honored to be able to work with you!
By Edwina
from
Latvia
-
2018.06.21 17:11
