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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. Dfpi Mortgage Lender , Written Verification Of Employement , Top Mortgage Brokers , As part of our commitment to staying at the forefront of the industry, we invest heavily in cutting-edge technology to streamline the mortgage application and approval process. This not only speeds up the application process but also provides you with real-time updates on your mortgage status, giving you peace of mind and eliminating the uncertainty that can often come with the mortgage process. Our tech-driven approach allows us to offer a seamless and convenient experience, making your journey to homeownership or refinancing as efficient as possible.
– AAA Lendings Non-QM Self-employed borrower program – P&L (Self Prepared Profit & Loss Only) – AAA Lendings Detail:

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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.


Product detail pictures:

– AAA Lendings Non-QM Self-employed borrower program – P&L (Self Prepared Profit & Loss Only) – AAA Lendings detail pictures


Related Product Guide:

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. – 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: Bhutan , Hanover , Latvia , Our domestic website's generated over 50, 000 purchasing orders every year and quite successful for internet shopping in Japan. We would be happy to have an opportunity to do business with your company. Looking forward to receiving your message !
  • The factory technical staff gave us a lot of good advice in the cooperation process, this is very good, we are very grateful.
    5 Stars By Yannick Vergoz from Dominica - 2018.05.15 10:52
    The company can keep up with the changes in this industry market, product updates fast and the price is cheap, this is our second cooperation, it's good.
    5 Stars By Jean from Bangladesh - 2017.02.18 15:54