Wholesale - AAA Lendings Non-QM Interested Program – Full Docs (Similar with Conventional Loan) – AAA Lendings lender and investor

Product Detail

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. Top Home Mortgage Lenders , Stated Income Mortgage Lender , Mortgage Broker License Requirements , As part of our commitment to staying at the forefront of the industry, we invest heavily in cutting-edge technology to streamline the mortgage application and approval process. This not only speeds up the application process but also provides you with real-time updates on your mortgage status, giving you peace of mind and eliminating the uncertainty that can often come with the mortgage process. Our tech-driven approach allows us to offer a seamless and convenient experience, making your journey to homeownership or refinancing as efficient as possible.

– 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:

Related Product Guide:

Customer education is a cornerstone of AAA LENDINGS' mission. We believe that an informed borrower is an empowered borrower. That's why we go the extra mile to provide educational resources and guidance to help you navigate the complexities of the mortgage process. Our team is dedicated to answering your questions, explaining the intricacies of interest rates, loan options, and more, ensuring that you make well-informed decisions. Your financial literacy and confidence matter to us. – 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: Kuala Lumpur , Morocco , Iran , We have a dedicated and aggressive sales team, and many branches, catering to our customers. We are looking for long-term business partnerships, and ensure our suppliers that they will definitely benefit in both short and long run.

-AAA Lendings

The factory has advanced equipment, experienced staffs and good management level, so product quality had assurance, this cooperation is very relaxed and happy!