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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. Best Lender In California , House Mortgage Lender , Mortgage Broker Utah , Your financial goals are unique, and we believe your mortgage should reflect that. At AAA LENDINGS, we provide a range of loan options, each tailored to different financial scenarios. Whether you're a young professional seeking your first home, a growing family in need of more space, or a savvy investor expanding your real estate portfolio, we have loan programs designed to meet your specific needs. We understand that your financial journey is distinctive, and our mortgage solutions are crafted to keep you engaged and excited about your future.
– AAA Lendings Portfolio Program – AAA Lendings Detail:

Portfolio Program

Overview

Portfolio Bank Statement
Portfolio DSCR
Portfolio Foreign National DSCR

* Retail Only

Details

1) 5/6 ARM 30 Day Average SOFR (5/1/5);
2) Buydown ratio under par 1:2;
3) Max. Loan Amount $5,000,000.

* Buyup ratio over par unacceptable

 Portfolio Bank Statement 

1) UW Fee $1495 & Processsing Fee $845;

2) Trust/Entity Review Fee $300, if applicable;

3) Bank Statement Income Max. LTV 65%;

4) Bank Statement – Interest Only Max. LTV 60%;

5) Min. Loan Amount $500,000;

6) Foreign National – Not Eligible;

7) 18-Month Pre-Payment Penalty is equal to 6 months interest;

8) Min. 12 months PITIA on subject property as the reserves;

9) Exception: case by case for loan amount ≤ $500k with 0.5 adjusted to fee.

 

 Portfolio DSCR 

1) UW Fee $1495 & Processsing Fee $845;

2) Trust/Entity Review $300, if applicable;

3) Min. Loan Amount $500,000;

4) Foreign National – Not Eligible;

5) Min. DSCR 1.000;

6) Loan Made to Natural Person – No Entity Borrowers;

7) 2-4 Unit Property is Eligible and 5% Reduction in Max. LTV/CLTVs on Matrix;

8) 18-Month Pre-Payment Penalty is equal to 6 months interest;

9) Min. 12 months PITIA on subject property as the reserves;

10) Exception: case by case for loan amount ≤ $500k with 0.5 adjusted to fee.

 

 Portfolio FN DSCR 

1) UW Fee $1495 & Processsing Fee $845;

2) Trust/Entity Review $300, if applicable;

3) Foreign National Review $250;

4) Min. Loan Amount $500,000;

5) Min. DSCR 1.000;

6) Interest Only – Not Allowed;

7) Power of Attorney – Not Allowed;

8) Pre-Payment Penalty (Investor only) is 18 months and equal to 6 months interest.

9) Min. 12 months PITIA on subject property as the reserves;

10) Exception: case by case for loan amount ≤ $500k with 0.5 adjusted to fee.

How to Calculate Portfolio DSCR?

DSCR shall be calculated as follows: DSCR = *Net Rental Income ÷ Qualifying Monthly Payment (P and I only);

*Net Rental Income = Gross Rents * (1 – Expense Factor);

Expense Factors: Property without HOA = 25%, Property with HOA = 30%;

Rent will be the lesser of: Current lease income or the amount on the 1007 provided by the appraiser showing the estimated market rent schedule.


Product detail pictures:

– AAA Lendings Portfolio Program – AAA Lendings detail pictures


Related Product Guide:

Planning your financial future begins with the right mortgage partner, and at AAA LENDINGS, we are committed to helping you achieve your dreams. We understand that the journey towards homeownership can be exciting but also daunting. Our seasoned professionals are more than just mortgage experts; they are your financial allies. They are available to discuss your goals, assess your financial situation, and provide personalized guidance that captures your interest. We take pride in being the guiding hand that empowers you to make informed decisions about your future. – AAA Lendings Portfolio Program – AAA Lendings , The product will supply to all over the world, such as: Malaysia , Slovenia , Botswana , We look forward to hearing from you, whether you are a returning customer or a new one. We hope you will find what you are looking for here, if not, please contact us immediately. We pride ourselves on top notch customer service and response. Thank you for your business and support!
  • High production efficiency and good product quality, fast delivery and completed after-sale protection, a right choice, a best choice.
    5 Stars By Ricardo from Morocco - 2017.08.15 12:36
    It is a very good, very rare business partners, looking forward to the next more perfect cooperation!
    5 Stars By Florence from Colombia - 2018.10.31 10:02