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

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. Net Worth , Mortgage Broker License California , Mortgage Broker , AAA LENDINGS is committed to making your mortgage journey an experience that truly empowers you. We understand that the prospect of securing a mortgage can be both exciting and daunting. That's why we've crafted a borrower-centric approach that not only simplifies the process but also actively engages and educates you at every step. Our aim is to make your homeownership dreams a reality while keeping you informed and excited about the process.

– AAA Lendings Jumbo Loan – AAA Lendings Detail:

JL0815

Overview

Loan amount exceeds the limits for a conventional conforming loan.

Program Highlights

30/15 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 720.

Move High Balance to Jumbo 10/6 ARM

Loan Amount More Than $726,200

* Loan Amount at Least $1 Over the Agency Conforming Loans Size are Allowed.

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.

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 2023, the FHFA improves the loan limits for all kinds of loan types, especially Jumbo Loans. Please refer to below 2023 loan limits in California.

2023 Loan Limits in California Counties

COUNTY	1-Unit Limit	2-Unit Limit	3-Unit Limit	4-Unit Limit
ALAMEDA	$1,089,300	$1,394,775	$1,685,850	$2,095,200
ALPINE	$726,200	$929,850	$1,123,900	$1,396,800
AMADOR	$726,200	$929,850	$1,123,900	$1,396,800
BUTTE	$726,200	$929,850	$1,123,900	$1,396,800
CALAVERAS	$726,200	$929,850	$1,123,900	$1,396,800
COLUSA	$726,200	$929,850	$1,123,900	$1,396,800
CONTRA COSTA	$1,089,300	$1,394,775	$1,685,850	$2,095,200
DEL NORTE	$726,200	$929,850	$1,123,900	$1,396,800
EL DORADO	$763,600	$977,550	$1,181,650	$1,468,500
FRESNO	$726,200	$929,850	$1,123,900	$1,396,800
GLENN	$726,200	$929,850	$1,123,900	$1,396,800
HUMBOLDT	$726,200	$929,850	$1,123,900	$1,396,800
IMPERIAL	$726,200	$929,850	$1,123,900	$1,396,800
INYO	$726,200	$929,850	$1,123,900	$1,396,800
KERN	$726,200	$929,850	$1,123,900	$1,396,800
KINGS	$726,200	$929,850	$1,123,900	$1,396,800
LAKE	$726,200	$929,850	$1,123,900	$1,396,800
LASSEN	$726,200	$929,850	$1,123,900	$1,396,800
LOS ANGELES	$1,089,300	$1,394,775	$1,685,850	$2,095,200
MADERA	$726,200	$929,850	$1,123,900	$1,396,800
MARIN	$1,089,300	$1,394,775	$1,685,850	$2,095,200
MARIPOSA	$726,200	$929,850	$1,123,900	$1,396,800
MENDOCINO	$726,200	$929,850	$1,123,900	$1,396,800
MERCED	$726,200	$929,850	$1,123,900	$1,396,800
MODOC	$726,200	$929,850	$1,123,900	$1,396,800
MONO	$726,200	$929,850	$1,123,900	$1,396,800
MONTEREY	$915,400	$1,171,900	$1,416,550	$1,760,400
NAPA	$1,017,750	$1,302,900	$1,574,900	$1,957,250
NEVADA	$726,200	$929,850	$1,123,900	$1,396,800
ORANGE	$1,089,300	$1,394,775	$1,685,850	$2,095,200
PLACER	$763,600	$977,550	$1,181,650	$1,468,500
PLUMAS	$726,200	$929,850	$1,123,900	$1,396,800
RIVERSIDE	$726,200	$929,850	$1,123,900	$1,396,800
SACRAMENTO	$763,600	$977,550	$1,468,500	$1,468,500
SAN BENITO	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SAN BERNARDINO	$726,200	$929,850	$1,123,900	$1,396,800
SAN DIEGO	$977,500	$1,251,400	$1,512,650	$1,879,850
SAN FRANCISCO	$1,089,300	$1,394,775	$1,685,850	$1,867,275
SAN JOAQUIN	$726,200	$929,850	$1,123,900	$1,396,800
SAN LUIS OBISPO	$911,950	$1,167,450	$1,411,200	$1,753,800
SAN MATEO	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SANTA BARBARA	$805,000	$1,030,550	$1,245,700	$1,548,100
SANTA CLARA	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SANTA CRUZ	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SHASTA	$726,200	$929,850	$1,123,900	$1,396,800
SIERRA	$726,200	$929,850	$1,123,900	$1,396,800

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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. – AAA Lendings Jumbo Loan – AAA Lendings , The product will supply to all over the world, such as: Senegal , Greenland , Bogota , 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 provide, effective and satisfying consultation service is supplied by our professional after-sale service team. Product lists and detailed parameters and any other info weil be sent to you timely for your inquiries. So you should 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've been confident that we have been going to share mutual achievement and create strong co-operation relations with our companions in this marketplace. We're searching forward for your inquiries.

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