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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. Tax Return , Top Mortgage Companies To Work For , Better Choice For Brrower , One of our flagship offerings is our 'Non-QM' loan products, and we take great pride in leading the way in this lending category. We are highly specialized in this domain, with extensive experience and an early entry into the market, making us adept at understanding and addressing your financial needs. Navigating the path to your financial goals becomes an easier, more achievable journey with AAA LENDINGS by your side. Experience the power of customized lending with us today, and let us help you achieve your financial aspirations.
– 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.


Product detail pictures:

– AAA Lendings Non-QM DSCR (Debt Service Coverage Ratio) Program – AAA Lendings detail pictures


Related Product Guide:

Our commitment to transparency goes beyond the initial stages of the mortgage process. We ensure that you have a clear understanding of your mortgage terms, including interest rates, fees, and closing costs. There are no surprises on the closing day. We're dedicated to providing you with straightforward, jargon-free explanations, so you can confidently navigate the financial aspects of your home purchase or refinance. – AAA Lendings Non-QM DSCR (Debt Service Coverage Ratio) Program – AAA Lendings , The product will supply to all over the world, such as: Dominica , Macedonia , kazan , We have more than 10 years experience of production and export business. We always develop and design kinds of novel products to meet the market demand and help the guests continuously by updating our products. We are specialized manufacturer and exporter in China. Wherever you are, please join us, and together we will shape a bright future in your business field!
  • It is a very good, very rare business partners, looking forward to the next more perfect cooperation!
    5 Stars By Martin Tesch from Uganda - 2018.06.30 17:29
    The enterprise has a strong capital and competitive power, product is sufficient, reliable, so we have no worries on cooperating with them.
    5 Stars By Mark from panama - 2018.06.03 10:17