Product Center

Product Detail

Customer education is a cornerstone of AAA LENDINGS' mission. We believe that an informed borrower is an empowered borrower. That's why we go the extra mile to provide educational resources and guidance to help you navigate the complexities of the mortgage process. Our team is dedicated to answering your questions, explaining the intricacies of interest rates, loan options, and more, ensuring that you make well-informed decisions. Your financial literacy and confidence matter to us. Credit Score , La Mortgage Broker Or Lender , Foreigner Loan , Founded in 2007, AAA LENDINGS is a prominent mortgage lender with a rich history spanning over 15 years. We have gained renown for our unwavering commitment to providing exceptional service and reliability in the world of mortgage lending. Our remarkable lending portfolio is a testament to our experience and capability, with a staggering total loan disbursement exceeding $20 billion. Over the years, this financial prowess has enabled us to assist nearly 50,000 families in achieving their borrowing objectives, making homeownership dreams a reality.
– AAA Lendings Equity Solutions – AAA Lendings Detail:

EQ Closed End Second

Overview

Easy Qualified Closed End Second.

Loan Term: Fixed; 15 Yrs Balloon.

Details

1) Standalone’s and Piggyback’s Second Loan are Both Available;
2) Primary and Investment Property are Available;

3) No Prepaid Penalty;
4) No Reserves Needed;

5) Range of Loan Amount: $75,001 – $450,000;
6) Max. CLTV: 85%.

* Loan amount are rounded down to the nearest $100

Income Documentation

Option1: Bank Statements – 12 Mths Personal & Business Bank Stmts

★Personal & Business-Combined or Business (12mo.):
         § At least one of the borrowers must be self-employed for at least 2 years (25% or greater ownership);
         § Asset Depletion allowed with Bank Statement documentation;
         § Standard expense factors apply: 50% expense factor:
            ①If business operates < standard expense factor, P&L or expense letter from CPA, CTEC (California Tax Education Council), or EA (Enrolled Agent) required;
②Minimum expense factor with 3rd party prepared P&L or letter is 20%.

★Personal & Business Separated (12mo.):
         ①At least one of the borrowers must be self-employed for at least 2 years (25% or greater ownership);
         ②Asset Depletion allowed with Bank statement documentation;
         ③Personal used to qualify, 3 months business to show business cash flows in order to utilize 100% of business related deposits in personal account (no expense factor).

Option2: Full Doc – 1 Yr & 2Yrs

General Guideline

★30/15yr Balloon &40/15yr Balloon min loan amount $200k.
★Maximum Combined Liens – $2 M.
★Most recent 2 months bank statements required.
★Property Type – SFR, PUD, Condo-Warrantable.
★Properties listed for sale in the last 12 months are not eligible.
★Borrowers – Eligible for US Citizen, Non-Permanent Resident Alien (with US Credit), Permanent Resident Alien. Ineligible for Non-occupant co-borrowers & entities.
★3 tradelines reporting for 12+ months or 2 tradelines reporting for 24+ months all with activity in the last 12 months.
★Credit Event Seasoning – 48 months – Foreclosure, short-sale, deed in lieu, bankruptcy. No multiple events in last 7 years.
★Derogatory Credit – No open charge-offs or collections in 48 months. No delinquent tradelines at closing.
★Housing Lates – 0x30x12 On all mortgages for all borrowers. Minimum 12 months housing history required.

★Appraisal Requirements:
①Previous appraisal within 12 months + Residential Appraisal Review. Review value must be equal to or greater than appraisal;
②New 2055 appraisal and Residential Appraisal Review supporting value within 10% variance. Lower of two values to be used;
③Declining markets maximum 75% CLTV on Owner Occupied/2nd Home. Maximum 70% CLTV on Non Owner Occupied.


Product detail pictures:

– AAA Lendings Equity Solutions – AAA Lendings detail pictures


Related Product Guide:

AAA LENDINGS takes pride in our community involvement and social responsibility. We believe that being a responsible lender means giving back to the communities we serve. Our team actively participates in charitable initiatives, supporting local causes, and promoting financial literacy. We're not just in the business of providing loans; we're invested in making a positive impact on the lives of our clients and the communities they call home. – AAA Lendings Equity Solutions – AAA Lendings , The product will supply to all over the world, such as: Uganda , Swansea , kazakhstan , With many years good service and development, we have a qualified international trade sales team. Our goods have exported to North America, Europe, Japan, Korea, Australia, New Zealand, Russia and other countries. Looking forward to build up a good and long term cooperation with you in coming future!
  • This company has the idea of better quality, lower processing costs, prices are more reasonable, so they have competitive product quality and price, that's the main reason we chose to cooperate.
    5 Stars By Mamie from Detroit - 2017.12.19 11:10
    On this website, product categories is clear and rich, I can find the product I want very quickly and easily, this is really very good!
    5 Stars By Althea from Indonesia - 2018.12.11 11:26