– 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:
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 – Full Doc – AAA Lendings , The product will supply to all over the world, such as: Greece , Macedonia , Moscow , Our staffs are adhering to the Integrity-based and Interactive Development spirit, and the tenet of First-class Quality with Excellent Service. According to the needs of every customer, we provide customized & personalized services to help customers achieve their goals successfully. Welcome clients from home and abroad to call and inquire!
By Ellen
from
Kuwait
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2017.04.18 16:45
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 John biddlestone
from
Ottawa
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2018.12.28 15:18
