Wholesale - AAA Lendings Jumbo Loan – AAA Lendings lender and investor

Product Detail

Planning your financial future begins with the right mortgage partner, and at AAA LENDINGS, we are committed to helping you achieve your dreams. We understand that the journey towards homeownership can be exciting but also daunting. Our seasoned professionals are more than just mortgage experts; they are your financial allies. They are available to discuss your goals, assess your financial situation, and provide personalized guidance that captures your interest. We take pride in being the guiding hand that empowers you to make informed decisions about your future. Capital Gains , Mortgage Broker Education , Rate Sheet , At AAA LENDINGS, we stand out from the crowd of mortgage lenders by prioritizing flexibility and adaptability in our approach. We understand that every borrower's financial situation is unique, and we are fully equipped to craft tailored solutions that cater to your specific needs. Whether you're a first-time homebuyer, a real estate investor, or looking to refinance, our team of experts is here to guide you through the intricacies of the mortgage process. We believe that mortgage lending should not be a one-size-fits-all endeavor, and that's what sets us apart.

– AAA Lendings Jumbo Loan – AAA Lendings Detail:

JL0815

Overview

Loan amount exceeds the limits for a conventional conforming loan.

Program Highlights

30 Years fixed

1) Rental income can be used with 2 years landlord experiences history;
2) No Mortgage Insurance needed;
3) Max. DTI 45%;
4) Max. LTV 85% for purchase & R/T; Max. LTV 75% for C/O;
5) Max number of financed properties: ① Primary – No Limit, ② 2nd & Investment Property – Max. 20;
6) Max. Loan Amount $3.0M;
7) Max. cash-out amount $500,000;
8) Min. 12 months reserves on PITIA;
9) Min. FICO 680.

7/6 ARM

1) Min. FICO 700;
2) Min. 6 months reserves on PITIA;
3) Max. LTV 89.99%;
4) Max. Loan Amount $2.5M;
5) Max. Cash Out $750,000;
6) 1 Unit & 2 Units;
7) Primary & 2nd Home property;
8) Purchase & R/T Refi & C/O Refi.

* Min. Loan Amount: Max Fannie Mae General Loan Limit + $1
* At least one year rental management history for positive rental income.

What is Jumbo Loan?

A jumbo loan is a type of financing that exceeds the limits set by the Federal Housing Finance Agency and cannot be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac. Homeowners must undergo more rigorous credit requirements than those applying for a conventional loan. Jumbo loans allow you to buy expensive properties. A jumbo loan is not backed by Fannie Mae or Freddie Mac.

In 2022, the FHFA improves the loan limits for all kinds of loan types, especially Jumbo Loans. Please refer to below 2022 loan limits in California, if your loan amount exceeds $970,800, you’re suitable for Jumbo loan.

2022 Loan Limits in California Counties

COUNTY	1-FAMILY	2-FAMILY	3-FAMILY	4-FAMILY
ALAMEDA	$970,800	$1,243,050	$1,502,475	$1,867,275
ALPINE	$647,200	$828,700	$1,001,650	$1,244,850
AMADOR	$647,200	$828,700	$1,001,650	$1,244,850
BUTTE	$647,200	$828,700	$1,001,650	$1,244,850
CALAVERAS	$647,200	$828,700	$1,001,650	$1,244,850
COLUSA	$647,200	$828,700	$1,001,650	$1,244,850
CONTRA COSTA	$970,800	$1,243,050	$1,502,475	$1,867,275
DEL NORTE	$647,200	$828,700	$1,001,650	$1,244,850
EL DORADO	$675,050	$864,200	$1,044,600	$1,298,200
FRESNO	$647,200	$828,700	$1,001,650	$1,244,850
GLENN	$647,200	$828,700	$1,001,650	$1,244,850
HUMBOLDT	$647,200	$828,700	$1,001,650	$1,244,850
IMPERIAL	$647,200	$828,700	$1,001,650	$1,244,850
INYO	$647,200	$828,700	$1,001,650	$1,244,850
KERN	$647,200	$828,700	$1,001,650	$1,244,850
KINGS	$647,200	$828,700	$1,001,650	$1,244,850
LAKE	$647,200	$828,700	$1,001,650	$1,244,850
LASSEN	$647,200	$828,700	$1,001,650	$1,244,850
LOS ANGELES	$970,800	$1,243,050	$1,502,475	$1,867,275
MADERA	$647,200	$828,700	$1,001,650	$1,244,850
MARIN	$970,800	$1,243,050	$1,502,475	$1,867,275
MARIPOSA	$647,200	$828,700	$1,001,650	$1,244,850
MENDOCINO	$647,200	$828,700	$1,001,650	$1,244,850
MERCED	$647,200	$828,700	$1,001,650	$1,244,850
MODOC	$647,200	$828,700	$1,001,650	$1,244,850
MONO	$647,200	$828,700	$1,001,650	$1,244,850
MONTEREY	$854,450	$1,093,850	$1,322,200	$1,643,200
NAPA	$897,000	$1,148,350	$1,388,050	$1,725,050
NEVADA	$647,200	$828,700	$1,001,650	$1,244,850
ORANGE	$970,800	$1,243,050	$1,502,475	$1,867,275
PLACER	$675,050	$864,200	$1,044,600	$1,298,200
PLUMAS	$647,200	$828,700	$1,001,650	$1,244,850
RIVERSIDE	$647,200	$828,700	$1,001,650	$1,244,850
SACRAMENTO	$675,050	$864,200	$1,044,600	$1,298,200
SAN BENITO	$970,800	$1,243,050	$1,502,475	$1,867,275
SAN BERNARDINO	$647,200	$828,700	$1,001,650	$1,244,850
SAN DIEGO	$879,750	$1,126,250	$1,361,350	$1,691,850
SAN FRANCISCO	$970,800	$1,243,050	$1,502,475	$1,867,275
SAN JOAQUIN	$647,200	$828,700	$1,001,650	$1,244,850
SAN LUIS OBISPO	$805,000	$1,030,550	$1,245,700	$1,548,100
SAN MATEO	$970,800	$1,243,050	$1,502,475	$1,867,275
SANTA BARBARA	$783,150	$1,002,600	$1,211,900	$1,506,100
SANTA CLARA	$970,800	$1,243,050	$1,502,475	$1,867,275
SANTA CRUZ	$970,800	$1,243,050	$1,502,475	$1,867,275
SHASTA	$647,200	$828,700	$1,001,650	$1,244,850
SIERRA	$647,200	$828,700	$1,001,650	$1,244,850

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AAA LENDINGS is not just a lender; we are your financial partner. We take the time to listen to your financial goals and aspirations, offering guidance beyond the application process. Our commitment to your financial well-being extends far beyond closing the deal, and we are dedicated to helping you achieve your long-term objectives, whether that's homeownership, real estate investment, or debt consolidation. – AAA Lendings Jumbo Loan – AAA Lendings , The product will supply to all over the world, such as: Mecca , Morocco , New Zealand , Meanwhile, we're building up and consummating triangle market & strategic cooperation in order to achieve a multi-win trade supply chain to expand our market vertically and horizontally for a brighter prospects. development. Our philosophy is to create cost-effective products, promote perfect services, cooperate for long-term and mutual benefits, firm a comprehensive mode of excellent suppliers system and marketing agents, brand strategic cooperation sales system.

-AAA Lendings

We have been engaged in this industry for many years, we appreciate the work attitude and production capacity of the company, this is a reputable and professional manufacturer.

By Lydia from Paraguay - 2017.07.28 15:46

This is a honest and trustworthy company, technology and equipment are very advanced and the prodduct is very adequate, there is no worry in the suppliment.

By Florence from Provence - 2017.08.28 16:02