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At AAA LENDINGS, we believe in giving back to our valued customers. That's why we offer a loyalty program that rewards you for your trust and ongoing partnership with us. Our loyalty program is designed to keep you engaged and appreciated, offering exclusive benefits and discounts for our returning customers. Your commitment to AAA LENDINGS is recognized and rewarded, and we strive to make your continued interest in our services a rewarding experience. State Licensed , Mortgage Lender In Florida , Calculate Mortgage Interest , What sets us apart is our personalized approach to lending, as opposed to the one-size-fits-all methods employed by many others. We provide tailored solutions for the unique needs of each individual client, firmly believing in the possibility of every loan. With AAA LENDINGS, your financial goals become ours, and together, we make them happen.
– AAA Lendings Non-QM Interested Program – Full Docs (Similar with Conventional Loan) – AAA Lendings Detail:

Title - FD

Overview

Full Docs, 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 80% LTV;
4) No MI (Mortgage Insurance);
5) 660 or higher credit scores;
6) 6 months or more reserves;
7) 1-year tax return.

What’s this Full Docs?

Did you ever met below situation?
• Lender can not permit your high loan amount request.
• Can’t you get to the 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 a better choice now. One key point you may pay attention is that you can apply for this program only if you can not qualify with a FNMA or FHMLC loan.

What are the differences between Non-QM Full Docs 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. 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.

The benefits of Full Docs

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


Product detail pictures:

– AAA Lendings Non-QM Interested Program – Full Docs (Similar with Conventional Loan) – AAA Lendings detail pictures


Related Product Guide:

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. – AAA Lendings Non-QM Interested Program – Full Docs (Similar with Conventional Loan) – AAA Lendings , The product will supply to all over the world, such as: Qatar , Moldova , Kenya , Our technical expertise, customer-friendly service, and specialized merchandise make us/company name the first choice of customers and vendors. We've been looking for your inquiry. Let's set up the cooperation right now!
  • On this website, product categories is clear and rich, I can find the product I want very quickly and easily, this is really very good!
    5 Stars By Flora from Frankfurt - 2017.06.22 12:49
    This company has the idea of better quality, lower processing costs, prices are more reasonable, so they have competitive product quality and price, that's the main reason we chose to cooperate.
    5 Stars By olivier musset from Nigeria - 2017.09.28 18:29