– AAA Lendings Non-QM Salary borrower Program – WVOE (Written Verification of Employment) – AAA Lendings Detail:
				
		Overview
	
It’s a good choice for wage earner who can not be qualified with agency loan and do not want to provide varities of income documents.
		Program Highlights
	
1) Foreign national allowed;
2) 12 months reserves calculated on PI;
3) No paystub / W-2 / tax return needed;
4) Gift funds allowed;
5) Loan amount up to $2.5M;
6) Down payment as low as 30%;
7) Min. FICO 680.
		What is WVOE?
	
A Written Verification of Employment (WVOE) is a form to be completed by a borrower’s current employer to verify specific details about their employment, such as dates of hire, compensation structure (salary, bonus, commissions), and year to date earnings. At AAA LENDINGS, this WVOE form can be used to confirm a borrower’s income.
		How to calculate the salary?
	
- Use the base salary (semi-monthly, bi-weekly, or hourly rate as supported by YTD) from WVOE.
Examples:
- Semi-monthly: Semi-monthly salary multiplied by 2 equals monthly income.
- Bi-weekly: Bi-weekly salary multiplied by 26 divided by 12 equals monthly income.
- Teacher paid for 9 months: Monthly salary multiplied by 9 months divided by 12 months equals monthly qualifying income.
Remind the employer to complete the WVOE form, then lender will proceed with the loan faster.
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 Salary borrower Program – WVOE (Written Verification of Employment) – AAA Lendings , The product will supply to all over the world, such as: Dominica , Bolivia , Bhutan , Our company abides by the management idea of keep innovation, pursue excellence. On the basis of assuring the advantages of existing merchandise, we continuously strengthen and extend product development. Our company insists on innovation to promote the sustainable development of enterprise, and make us become the domestic high-quality suppliers.
 By Tony
 from
                                Jamaica
 -
                                2017.09.30 16:36
 By Tony
 from
                                Jamaica
 -
                                2017.09.30 16:36
                            It is really lucky to meet such a good supplier, this is our most satisfied cooperation, I think we will work again!
 By Janet
 from
                                Vancouver
 -
                                2017.02.18 15:54
 By Janet
 from
                                Vancouver
 -
                                2017.02.18 15:54
                            

 
				


