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

Product Detail

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. 401(K) And 403(B) , No Income Requirement , Conventional Vs Fha Loan , The world of mortgages is constantly evolving, and we are on the cutting edge of innovation. At AAA LENDINGS, we offer state-of-the-art digital tools and mobile-friendly platforms that allow you to start your mortgage application or receive updates on the go. Our user-friendly technology streamlines the process, putting the power of mortgage management in the palm of your hand. We know your time is valuable, and our tech-savvy solutions save you time and hassle.

– 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:

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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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The dream of homeownership isn't limited to traditional homebuyers. At AAA LENDINGS, we have specialized programs to cater to non-traditional borrowers. If you're self-employed, have a fluctuating income, or face unique financial circumstances, our loan options can capture your interest. We embrace diversity in borrowers and actively seek out innovative lending solutions, ensuring that your journey to homeownership remains engaging, regardless of your financial situation. – 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: Munich , Canberra , Czech , We have more than 10 years experience of production and export business. We always develop and design kinds of novel products to meet the market demand and help the guests continuously by updating our products. We are specialized manufacturer and exporter in China. Wherever you are, please join us, and together we will shape a bright future in your business field!

-AAA Lendings