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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. Asset Based Income , Conventional Loan Ratios , P&L Mortgage Broker , 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 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


Related Product Guide:

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. – 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: Mali , Sacramento , Pakistan , Our objective is to supply first step products and best service for our customers, thus we are sure you must have a margin benefit through cooperating with us. If you are interested in any of our products or would like to discuss a custom order, please feel free to contact us. We are looking forward to forming successful business relationships with new clients around the world in the near future.
  • A nice supplier in this industry, after a detail and careful discussion, we reached a consensus agreement. Hope that we cooperate smoothly.
    5 Stars By Klemen Hrovat from Nepal - 2017.10.13 10:47
    This company can be well to meet our needs on product quantity and delivery time, so we always choose them when we have procurement requirements.
    5 Stars By Debby from Slovenia - 2018.09.23 17:37