– 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:
For many of our clients, a mortgage is more than just a financial transaction; it's a significant life milestone. Whether you're a first-time homebuyer or a seasoned real estate investor, we approach each application with the care and attention it deserves. We take the time to understand your goals and aspirations, ensuring that your mortgage aligns with your vision for your future. – AAA Lendings Non-QM Interested Program – Full Doc – AAA Lendings , The product will supply to all over the world, such as: Anguilla , Albania , Guatemala , Insisting over the high-quality generation line management and prospects guide provider, we have made our resolution to offer our shoppers using the initially stage purchasing and soon after provider working experience. Preserving the prevailing helpful relations with our prospects, we even now innovate our product lists the many time to meet up with the brand new wants and stick to the latest trend of this business in Ahmedabad. We're ready to facial area the difficulties and make the transform to grasp many of the possibilities in international trade.
By Emily
from
South Korea
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2017.03.28 12:22
With a positive attitude of regard the market, regard the custom, regard the science, the company works actively to do research and development. Hope we have a future business relationships and achieving mutual success.
By Kevin Ellyson
from
Benin
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2018.06.28 19:27
