Wholesale - AAA Lendings HELOC – AAA Lendings lender and investor

Product Detail

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. Foreigner Loan , Mortgage Lender List In Ca , Top Mortgage Lenders List , We value your time, and we understand that your schedule may not always align with traditional business hours. That's why our customer support is available beyond the 9-to-5 window. Whether you have questions in the evening or during the weekend, we're here to provide assistance. Our extended support hours aim to engage customers by demonstrating our commitment to being there when you need us the most. Your convenience is our priority, and we're here to make your mortgage journey as engaging and hassle-free as possible.

– 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:

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Navigating the mortgage landscape can be complicated, but AAA LENDINGS simplifies the process, making it engaging and stress-free. We offer a clear and concise document collection system, allowing you to easily upload the required paperwork online. We are keenly aware that your time is valuable, and by making the process smoother, we keep you actively engaged and in control of your mortgage journey. – AAA Lendings HELOC – AAA Lendings , The product will supply to all over the world, such as: Malawi , Macedonia , Bogota , With the goal of zero defect. To care for the environment, and social returns, care employee social responsibility as own duty. We welcome friends from all over the world to visit and guide us so that we can achieve the win-win goal together.

-AAA Lendings

This manufacturer can keep improving and perfecting products and service, it is in line with the rules of market competition, a competitive company.

By Penelope from USA - 2018.11.04 10:32

The quality of the products is very good, especially in the details, can be seen that the company work actively to satisfy customer's interest, a nice supplier.

By Samantha from Mozambique - 2017.12.09 14:01