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Your time is precious, and we respect that. At AAA LENDINGS, we're committed to streamlining the mortgage process to save you time and effort. Our online application is user-friendly and designed with your convenience in mind. You can complete the application at your own pace, from the comfort of your home or office. We know you have a busy life, and we aim to make the mortgage process engaging, efficient, and time-saving. Top Michigan Mortgage Lenders , Broker Community , Conventional Loan Max 2022 , We understand that financial challenges can arise unexpectedly, and we're here to provide solutions when you need them most. In addition to traditional mortgage products, AAA LENDINGS offers a range of flexible loan programs that cater to unique financial situations. Whether you have a less-than-perfect credit score, are self-employed, or have unconventional income sources, we have loan options designed to meet your needs.
– AAA Lendings Non-QM Salary & Self-employed borrower Asset Program – True Stated Income – AAA Lendings Detail:

Title

Overview

Use borrower’s asset to qualify, borrower’s assets need to cover at least 6-month deposits of monthly income.

Details

1) No P&L Needed;
2) No WVOE Needed;
3) 12 months reserves calculated on PI (Not PITIA other lender required);
4) Gift funds allowed;
5) Loan amount up to $2.5M;
6) Purchase & No Cash out available.

What’s this program?

• Do you know how to use asset only to qualify for you house mortgage loan?
• Were you suspended or denied by the lender for a WVOE (Written Verification of Employment) program?
• Do you have not so much asset when you want to buy your own house?
• Didn’t your employer want to provide a WVOE form or cooperate?

If you have ever met the above situation, no worries, come to us and we will introduce a Non-QM program for you—-True Stated Income. The program is familiar with the {WVOE} program, it’s designed for salaried borrowers and self-employed borrowers. Non-QM loans have little such good programs that wage earners and business owners can both apply for.

How doe this program work?

Just like what the product name, this program is qualified with asset as well. See below:

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If the True Stated Income of this loan program is chosen, the borrower will only be required to provide an Asset Based Income on the Loan Application (1003). This income will be utilized to calculate qualifying debt to income ratio discussed in Section VIII of these guidelines.

Who can apply for this program?

As mentioned the above, whatever you’re salary borrower or self-employed borrower, you can apply for this program. If salary borrower, then no special documents are needed when you apply a new house mortgage loan of Non-QM with the lender. If self-employed borrower or 1099 borrower, you may need a simple CPA letter.

How doe this program work?

Just like what the product name, this program is qualified with asset as well. Unlike the other programs, we lender don’t need to prepare any special documents from the borrower. Just prepare normal bank statements when apply for your house mortgage loans, See below for your information:

Stated Income means the borrower states their Reasonable current income in the loan application. The lender will verify borrower’s monthly income can be supported by the “Liquid” assets pre-closing.

If the True Stated Income of this loan program is chosen, the borrower will only be required to provide an Asset Based Income on the Loan Application (1003). This income will be utilized to calculate qualifying debt to income ratio discussed in Section VIII of these guidelines.


Product detail pictures:

– AAA Lendings Non-QM Salary & Self-employed borrower Asset Program – True Stated Income – AAA Lendings detail pictures


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Transparency is at the core of our operations. We take pride in our open and honest communication with our clients. No hidden fees, no surprises. We provide clear, straightforward information about your mortgage options, ensuring you have all the facts to make informed decisions. Our goal is to build trust with our clients by being forthright and transparent, making your home financing experience as smooth as possible. – AAA Lendings Non-QM Salary & Self-employed borrower Asset Program – True Stated Income – AAA Lendings , The product will supply to all over the world, such as: Iran , Frankfurt , Provence , We set a strict quality control system. We have return and exchange policy, and you can exchange within 7 days after receive the wigs if it is in new station and we service repairing free for our products. Please feel free to contact us for further information if you have any questions. We are glad to work for every client.
  • Problems can be quickly and effectively resolved, it is worth to be trust and working together.
    5 Stars By Joa from Egypt - 2018.10.01 14:14
    The sales person is professional and responsible, warm and polite, we had a pleasant conversation and no language barriers on communication.
    5 Stars By Gloria from Doha - 2018.02.04 14:13