Wholesale - AAA Lendings Non-QM Salary & Self-employed borrower Asset Program – True Stated Income – AAA Lendings lender and investor

Product Detail

For many of our clients, a mortgage is more than just a financial transaction; it's a significant life milestone. Whether you're a first-time homebuyer or a seasoned real estate investor, we approach each application with the care and attention it deserves. We take the time to understand your goals and aspirations, ensuring that your mortgage aligns with your vision for your future. Bank Statement Program , Irs Form W-9 , Price Engine, We understand that creditworthiness can be a concern for many borrowers. That's why we offer credit counseling services to help you improve your credit score and secure better loan terms. By providing valuable insights and tailored guidance, we aim to engage potential borrowers who might initially be unsure about their eligibility. We're here to empower you to take control of your financial future.

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

Title

Overview

Use Borrower’s 6 months deposits of monthly income to support the stated income in 1003.

Program Highlights

1) No P&L Needed;
2) No WVOE Needed;
3) 12 months reserves calculated on PI;
4) Gift funds allowed;
5) Loan amount up to $2.5M;
6) Purchase & No R/T.

What is True Stated Income?

• 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?
• Does your assets have not so much 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 situations, the program is similar 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 does this program work?

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

abio01
abio02

If to choose the True Stated Income program, 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.

Who can apply for this program?

No matter you are a salary borrower or a self-employed borrower, you can apply for this program. For salary borrowers, no special documents are needed when you apply a new house mortgage loan of Non-QM with the lender. For self-employed borrowers or 1099 borrowers, a CPA letter may required.

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In the world of mortgage lending, accessibility is key. Our digital mortgage platform is designed with your convenience in mind. You can apply for a mortgage, upload documents, and track your loan progress online, all from the comfort of your home. We've created an engaging digital experience that puts you in control, ensuring that you can manage your mortgage application at your own pace, 24/7. – 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: Azerbaijan , Guatemala , Swansea , We'll continue to devote ourselves to market & product development and build a well-knit service to our customer to create a more prosperous future. Please contact us today to find out how we can work together.

-AAA Lendings