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Navigating the mortgage landscape can be complicated, but AAA LENDINGS simplifies the process, making it engaging and stress-free. We offer a clear and concise document collection system, allowing you to easily upload the required paperwork online. We are keenly aware that your time is valuable, and by making the process smoother, we keep you actively engaged and in control of your mortgage journey. Owner-Occupancy , Real Estate Broker , Top Mortgage Questions , We understand that homeownership is a significant investment, and you want to be sure you're making the right choice. That's why we offer pre-approval services that capture your interest. Our pre-approval process is fast and straightforward, providing you with a clear picture of your borrowing capacity. With this information in hand, you can confidently explore the real estate market, knowing that you're a serious and qualified buyer.
– AAA Lendings Non-QM Interested Program – Diamond Jumbo (Similar with Conventional Loan) – AAA Lendings Detail:

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Overview

Diamond Jumbo, for borrowers who can not do Non-agency Jumbo. More loan amount/ Higher DTI/ Higher LTV/ Unlimited financed properties.

Details

1) Max DTI 55%;
2) Up to $4M loan amount;
3) Up to 90% LTV;
4) No MI(Mortgage Insurance);
5) 660 or greater credit scores;
6) 6 or more months reserves;
7) 1-year tax return is available.

What’s this program?

Did you ever met below situation?
• Lender can not permit your high loan amount request?
• Can’t you get to the high LTV you want?
• Can’t non-agency jumbo lenders offer you cash-out loans?
• Did the lender require you to buy MI(Mortgage Insurance)?
If you have ever met these embarrassed situations, then no worries. Non-QM lenders also have such programs, similar with agency loans. However, Non-QM lenders with {Full Docs} loan product have much lower limitations than Full Documents loan products. You have better choice now. One key point you may take care is: You can apply for this program only if you can not qualify with a FNMA or FHMLC loan.

What’s the difference of this Non-QM Full Document program with agency Full qualify program?

In general, most of the applicants may apply for conventional Jumbo loan for purpose of higher loan amount. However, in our experiences, conventional Jumbo program is not so easy to close. The program has restricted requirements than agency loans, and has long turn time as well.

However, under some circumstances, the applicants can not qualify or proceed with conventional Jumbo program, as a result they can only do a Non-QM product, to satisfy their purpose, such as higher loan amount/ Cash-out/ LTV/ Credit score, etc.

Our Non-QM Full Income Documentation is available to borrowers with jumbo loans and conforming loans that fall just outside the parameters for Qualified Mortgages. Loans in this program must not be eligible for sale to any Government Agency.

What’s the benefits?

After reading the above words, here is the benefits summary for your information:

High loan amount, much more than agency loans;
High DTI ratio, lower limitations;
No MI(Mortgage Insurance) needed;
Cash-out is allowed;
High LTV, higher than agency loans.


Product detail pictures:

– AAA Lendings Non-QM Interested Program – Diamond Jumbo (Similar with Conventional Loan) – AAA Lendings 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 Interested Program – Diamond Jumbo (Similar with Conventional Loan) – AAA Lendings , The product will supply to all over the world, such as: Buenos Aires , azerbaijan , Zurich , You can do one-stop shopping here. And customized orders are acceptable. Real business is to get win-win situation, if possible, we would like to provide more support for customers. Welcome all nice buyers communicate details of products and ideas with us!!
  • We are old friends, the company's product quality has been always very good and this time the price is also very cheap.
    5 Stars By Ellen from Rwanda - 2018.06.30 17:29
    Hope that the company could stick to the enterprise spirit of Quality, Efficiency, Innovation and Integrity, it will be better and better in the future.
    5 Stars By Patricia from UK - 2017.10.25 15:53