– AAA Lendings Non-QM Interested Program – Full Doc – AAA Lendings Detail:
Overview
Full Doc, for borrowers who can not do Non-agency Jumbo. More loan amount/Higher DTI/Higher LTV/ Unlimited financed properties.
Program Highlights
1) Max. DTI 55%;
2) Up to $4M Loan Amount;
3) Up to 80% LTV;
4) No MI (Mortgage Insurance);
5) 660 or higher Credit Score;
6) 6 months or more reserves;
7) 1-year tax return.
What are the differences between Non-QM Full Doc and 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 that easy to close.
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.
The benefits of Full Doc
1. Higher loan amount than agency loans;
2. High DTI ratio, low limitations;
3. No MI (Mortgage Insurance) needed;
4. Cash-out is allowed;
5. Higher LTV than agency loans.
Product detail pictures:
Related Product Guide:
Innovation is part of our DNA. We continuously seek ways to enhance the mortgage experience for our clients. Our state-of-the-art online application process, secure document management, and digital communication options offer a seamless, paperless mortgage journey. With AAA LENDINGS, you can expect a modern, efficient, and secure mortgage lending experience that keeps up with the fast-paced world of technology. Your convenience and security are paramount to us. – AAA Lendings Non-QM Interested Program – Full Doc – AAA Lendings , The product will supply to all over the world, such as: Norwegian , US , London , In order to carry out our goal of customer first and mutual benefit in the cooperation, we establish a professional engineering team and a sales team to supply the best service to satisfy our customers' requirements. Welcome you to cooperate with us and join us. We are your best choice.
By Lulu
from
Morocco
-
2018.11.06 10:04
The factory has advanced equipment, experienced staffs and good management level, so product quality had assurance, this cooperation is very relaxed and happy!
By Jean Ascher
from
Serbia
-
2017.06.19 13:51
