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

Product Detail

The dream of homeownership isn't limited to traditional homebuyers. At AAA LENDINGS, we have specialized programs to cater to non-traditional borrowers. If you're self-employed, have a fluctuating income, or face unique financial circumstances, our loan options can capture your interest. We embrace diversity in borrowers and actively seek out innovative lending solutions, ensuring that your journey to homeownership remains engaging, regardless of your financial situation. Real Estate Broker , Florida Mortgage Broker Or Lender , Flood Insurance , Founded in 2007, AAA LENDINGS is a prominent mortgage lender with a rich history spanning over 15 years. We have gained renown for our unwavering commitment to providing exceptional service and reliability in the world of mortgage lending. Our remarkable lending portfolio is a testament to our experience and capability, with a staggering total loan disbursement exceeding $20 billion. Over the years, this financial prowess has enabled us to assist nearly 50,000 families in achieving their borrowing objectives, making homeownership dreams a reality.

– AAA Lendings Non-QM DSCR(Debt Service Coverage Ratio) Program – AAA Lendings Detail:

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Overview

Most simple product in the varieties of Non-QM programs.
No Income/ No Employment/ No Tax Returns, neither comparing DTI ratio like conventional loans. Only if the subject property is an investment property.

Details

1) Up to $2M loan amounts;
2) Up to 80% Max LTV;
3) 660 or greater credit scores;
4) Can close in entities;
5) No limits on number of properties financed;
6) SFRs, 2-4 Units, Condos, Townhomes, Condotels, and Non-Warrantable Condos.

DSCR Program

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. Next, let’s walk into the DSCR program.

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 AAA Lendings now offers “No ratio DSCR” for our clients, which means the ratio can be down to “0″. In our convention 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

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, that’s DSCR program, which is the most popular Non-QM product in house mortgage loans.

What’s the benefits of DSCR program?

No ratio DSCR, a loan product that does not check the income, has no requirements for the income of guests, because this loan product does not involve the calculation of DTI. And the minimum DSCR ratio can be as low as 0. Even if the rent of the house is low, we can still do it! This is a good choice for guests 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.

Our guidelines are flexible and if your loan makes sense we will help you close it quickly. We have smooth communication and fast proceeds for Non-QM loans, contact us if you have any needs.

You make more money! Our average submission to close is less than 3 weeks and we close without hassles. Imagine how your referrals will increase.

Product detail pictures:

Related Product Guide:

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. – AAA Lendings Non-QM DSCR(Debt Service Coverage Ratio) Program – AAA Lendings , The product will supply to all over the world, such as: Sweden , Malta , Malaysia , Our products are mainly exported to Southeast Asia, the Middle East, North America and Europe. Our quality is surely guaranteed. If you are interested in any of our products or would like to discuss a custom order, please feel free to contact us. We are looking forward to forming successful business relationships with new clients around the world in the near future.

-AAA Lendings