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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. Best Lender In California , Conventional Loan Vs Jumbo Loan , Zillow Top Mortgage Lenders , One of our flagship offerings is our 'Non-QM' loan products, and we take great pride in leading the way in this lending category. We are highly specialized in this domain, with extensive experience and an early entry into the market, making us adept at understanding and addressing your financial needs. Navigating the path to your financial goals becomes an easier, more achievable journey with AAA LENDINGS by your side. Experience the power of customized lending with us today, and let us help you achieve your financial aspirations.
– 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:

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Related Product Guide:

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. – AAA Lendings Equity Solutions – AAA Lendings , The product will supply to all over the world, such as: Germany , Brazil , San Diego , So that you can utilize the resource from the expanding info in international trade, we welcome shoppers from everywhere on-line and offline. In spite of the good quality solutions we offer, effective and satisfying consultation service is supplied by our specialist after-sale service team. Product lists and detailed parameters and any other info weil be sent to you timely for your inquiries. So please make contact with us by sending us emails or call us if you have any questions about our corporation. ou may also get our address info from our web page and come to our company to get a field survey of our merchandise. We are confident that we are going to share mutual achievement and create strong co-operation relations with our companions in this marketplace. We're searching forward for your inquiries.
  • Superb technology, perfect after-sales service and efficient work efficiency, we think this is our best choice.
    5 Stars By Grace from Sacramento - 2018.12.10 19:03
    This company conforms to the market requirement and joins in the market competition by its high quality product, this is an enterprise that have Chinese spirit.
    5 Stars By Sandra from Adelaide - 2018.06.30 17:29