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At AAA LENDINGS, we believe in giving back to our valued customers. That's why we offer a loyalty program that rewards you for your trust and ongoing partnership with us. Our loyalty program is designed to keep you engaged and appreciated, offering exclusive benefits and discounts for our returning customers. Your commitment to AAA LENDINGS is recognized and rewarded, and we strive to make your continued interest in our services a rewarding experience. Rental Property , Rate Sheet , Mortgage Lenders For Bad Credit , We understand that financial challenges can arise unexpectedly, and we're here to provide solutions when you need them most. In addition to traditional mortgage products, AAA LENDINGS offers a range of flexible loan programs that cater to unique financial situations. Whether you have a less-than-perfect credit score, are self-employed, or have unconventional income sources, we have loan options designed to meet your needs.
– AAA Lendings HELOC – AAA Lendings Detail:

Heloc

Overview

Standalone & Piggyback.

The HELOC program is Home Equity Line Of Credit.
Index + Margin. 30 Years term, 10 Yrs I/O Draw Period followed by 20 Years Amortization.

* Index: Prime Mortgage Rate floated with the market.
   Margin: Subject to loan scenarios, Margin Min. 1%, Fixed.
   Lifetime Max Rate: 18%.
   Lifetime Rate Floor: 2.5%.

Program Highlights

1) No Prepayment Penalty;
2) No Annual Fee;
3) Primary & Second home are eligible;
4) Max. HCLTV 85%;
5) Max. Loan Amount $350,000;
6) Min. FICO 680.

Income Guideline

★Piggybacks follow first lien requirements.
★Standalones: Most recent one month paystub + most recent year W2.
★Tax transcripts are required when using tax returns for qualifying purposes.

General Guideline

The source of Prime Mortgage Rate link: https://www.wsj.com/market-data/bonds/moneyrates

★Max origination charge is “Max Point & Fee 5%”.

★$1.5m Max Combined Liens.
★Lifetime Max Rate: 18% or state maximum and lifetime rate floor 2.5%.
★Buy-up is ineligible .
★Buy-down ratio:1:3 (0.125 decreased on rate, 0.375 cost to price. max buy-down 1.000% in
rate.)
★Second Home Purchase Transaction Ineligible currently

(1)Max DTI 43% for loan Limit <= $250,000| 34% for loan Limit > $250,000
(2) Note Rate + 2% P&I over 30 year amortization as the qualifying rate.
(3)Assets/Funds to Close/Reserves:
★Piggybacks: follow first lien requirements.
★Standalones: no asset verification is required if borrower is receiving cash-out (otherwise provide at least one month liquid asset statements showing sufficient funds to close)
(4)Mortgage late:0x30x24


Product detail pictures:

– AAA Lendings HELOC – AAA Lendings detail pictures


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Our commitment to excellence and dedication to our customers have propelled us to expand our operations across 45 states, including Arizona, California, Washington D.C., Florida, Nevada, and Texas, among others. However, our success isn't solely defined by numbers. The countless positive reviews and strong word-of-mouth reputation we've garnered serve as a testament to the trust and confidence the market has placed in us. – AAA Lendings HELOC – AAA Lendings , The product will supply to all over the world, such as: Ukraine , Albania , Cape Town , All these products are manufactured in our factory located in China. So we can guarantee our quality seriously and availably. Within these four years we sell not only our products but also our service to clients throughout the world.
  • High Quality, High Efficiency, Creative and Integrity, worth having long-term cooperation! Looking forward to the future cooperation!
    5 Stars By Sandy from moldova - 2017.03.28 12:22
    We feel easy to cooperate with this company, the supplier is very responsible, thanks.There will be more in-depth cooperation.
    5 Stars By ROGER Rivkin from Portugal - 2017.03.07 13:42