– AAA Lendings Non-QM Self-employed borrower program – P&L (Self Prepared Profit & Loss Only) – AAA Lendings Detail:
Overview
It’s a good choice for self-employed borrowers who can not be qualified with agency loan and do not want to provide varities of income documents.
Program Highlights
1) No CPA signature needed;
2) Foreign national allowed;
3) Loan amount up to $10M;
4) 12 months reserves calculated on PI;
5) No tax returns needed;
6) Gift funds allowed;
7) Down payment as low as 30%;
8) Min. FICO 680.
What is Self-prepared P&L? Who can apply for this program?
• Are you a self-employed borrower?
• Did the mortgage lender require your business bank statements to get loan qualified? Or did your lenders require you to sign the tax returns and need transcripts?
• Have you ever been suspended or denied by the agency lenders? Did the lenders ever say “Per our guideline”?
• Do you know how you can qualify a house loan without any income documents? Even though tax returns/business bank statements, etc.
AAA Lendings now offer an appropriate Non-QM loan program used in the above situations, which is named P&L (Profit & Loss). P&L is designed for borrowers who are self-employed and would benefit from alternative loan qualification methods. That’s the best part for self-employers. A CPA/CTEC/EA completed and signed P&L may be used as an alternative to tax returns to document a self-employed borrower’s income. Sometimes, we even accept borrower prepared P&L, which is also a good news for some borrowers.
Fast approval Notification
When you submit the loan to us, we may need a YTD (Year-to-Date) P&L (or plus a prior year P&L sometimes), business license, CPA letter, etc. Either way is OK for what provide at initial submission or when loan approval.
Besides, you need to check with our submission team to calculate income first.
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Our commitment to excellence and dedication to our customers have propelled us to expand our operations across 45 states, including Arizona, California, Washington D.C., Florida, Nevada, and Texas, among others. However, our success isn't solely defined by numbers. The countless positive reviews and strong word-of-mouth reputation we've garnered serve as a testament to the trust and confidence the market has placed in us. – AAA Lendings Non-QM Self-employed borrower program – P&L (Self Prepared Profit & Loss Only) – AAA Lendings , The product will supply to all over the world, such as: Haiti , Jakarta , Liberia , Our market share of our products has greatly increased yearly. 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. We are looking forward to your inquiry and order.
By Genevieve
from
Miami
-
2017.11.12 12:31
The manufacturer gave us a big discount under the premise of ensuring the quality of products, thank you very much, we will select this company again.
By Ophelia
from
Slovakia
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2018.11.04 10:32
