Wholesale - AAA Lendings Non-QM DSCR (Debt Service Coverage Ratio) Program – AAA Lendings lender and investor

Product Detail

We understand that a mortgage is not just a financial transaction but a significant life decision. Our focus on customer-centricity means that we don't just consider the numbers; we consider your unique story, aspirations, and financial goals. Our mortgage experts take the time to understand your personal journey, ensuring that you receive a mortgage solution that aligns with your vision for the future. Mortgage Broker Course , Top Mortgage Companies In The Us , Mortgage Broker Florida , 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 Non-QM DSCR (Debt Service Coverage Ratio) Program – AAA Lendings Detail:

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Overview

DSCR (Debt Service Coverage Ratio) Program.

This is the easiest program among all of the Non-QM programs.

Income/ Employment Status/ Tax Return is not required.

Program Highlights

1) Up to $2M Loan Amount;
2) Up to 80% LTV;
3) 660 or higher Credit Score;
4) May close in entities;
5) No limits on number of properties financed;
6) SFRs, 2-4 Units, Condos, Townhomes, Condotels, and Non-Warrantable Condos are available.

What is DSCR?

Do you know how to qualify a house mortgage loan without any job information and income?
Are you not qualified with the conventional mortgage loans?
Do you know which loan program is the easiest product?
Do you want to know how to use the reduced documents to qualify a loan?
Is it very difficult for you to get a home loan in your industry?

We offer a perfect loan program to satisfy the above key factors – DSCR program. It is the most popular Non-QM product in house mortgage loans.

DSCR (Debt Service Coverage Ratio) is designed for experienced real estate investors and qualifies borrowers based on cash-flows solely from the subject property to analyze the risk degree of an investment. Today, we focus on understanding the definition of DSCR and unveiling the mystery of DSCR program from the perspective of housing mortgage investment.

How to calculate DSCR?

For housing mortgage loans, DSCR refers to the ratio of monthly rental income of an investment house to total housing expenses(such as principal, interest, land tax, insurance and management fee (if some expenses are not actually incurred, it will be recorded as 0)). The lower the ratio, the greater the risk of the loan. It can be expressed in the following:

detail

We offer “No ratio DSCR” for our clients, which means the ratio can be down to “0″. In our conventional loan products, we need to compare our income with the monthly PITIA(Principle/ Interest/ Tax/ Insurance/ HOA) and other liabilities of the mortgaged house to decide if the loan can qualify.

DSCR

Benefits of DSCR

No ratio DSCR, a loan product that does not verify the income, has no requirements for the income of borrower because it does not involve the calculation of DTI. And the minimum DSCR ratio can be as low as 0. Even if the rental income is low, we can still do it! This is a good choice for borrowers with low income or more liabilities.

Besides, Foreign Nationals are acceptable for this program as well, especially with F1 visa. If you’re a foreigner, and can not qualify with a conventional mortgage loan, contact us and obtain your loan scenario.

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We understand that a mortgage is not just a financial transaction but a significant life decision. Our focus on customer-centricity means that we don't just consider the numbers; we consider your unique story, aspirations, and financial goals. Our mortgage experts take the time to understand your personal journey, ensuring that you receive a mortgage solution that aligns with your vision for the future. – AAA Lendings Non-QM DSCR (Debt Service Coverage Ratio) Program – AAA Lendings , The product will supply to all over the world, such as: Swiss , Munich , Philippines , So We also continuously function. we, focuse on high quality, and are conscious of the importance of environmental protection, most of the merchandise are pollution-free, environmentally friendly products, reuse on the solution. We've Updated our catalog, which introduces our organization. n detail and covers the primary items we provide at present, You may also visit our web-site, which involves our most recent product line. We look forward to reactivating our company connection.

-AAA Lendings