– AAA Lendings Second Loan – AAA Lendings Detail:
Overview
Standalone & Piggyback.
Second Loan Only is acceptable.
* Subject property should have a first mortgage.
Program Highlights
15 Years Term.
Other term options（5 yrs, 10yrs, 20yrs, 30yrs).
1) No Prepayment Penalty;
2) Max. CLTV 85%;
3) Min. FICO 680;
4) Max. Loan Amount $250,000;
5) Primary & Second home are eligible.
Income Guideline
★Piggybacks: follow AUS for tax return requirements.
★Standalones: 2 yrs tax returns(business and personal) with all schedules,and Year to Date P&L.
General Guideline
★Max Origination Charge under the QM rule”Max Point & Fee 3%” or “5% for some loan level $0-$20k”
★$1.5MM Max Combined Liens.
★Buy-up is ineligible.
★Buy-down Ratio: 1:2 (0.125 decreased on rate, 0.250 cost to price. Max buy-down 1.000% in rate)
★Base Term: 180 months; (Please see the rate adjustment for other terms)
(1) Max DTI 43%.
(2)Qualifying rate is qualified at initial note rate.
(3)Assets/Funds to Close/Reserves follows first lien requirements.
(4)Mortgage late:0x30x24
Product detail pictures:
Related Product Guide:
While many lenders have limited their scope, we continue to expand our presence across various states, serving borrowers in 45 states, including some of the most dynamic markets like California and Texas. Our expansive reach allows us to understand and adapt to regional nuances, ensuring that our clients in different states receive localized support while still benefiting from our nationwide expertise. – AAA Lendings Second Loan – AAA Lendings , The product will supply to all over the world, such as: New Orleans , Guatemala , Rome , Our company has a skillful sales team, strong economic foundation, great technical force, advanced equipment, complete testing means, and excellent after-sales services. Our items have beautiful appearance, fine workmanship and superior quality and win the unanimous approvals of the customers all over the world.
By tobin
from
Seattle
-
2017.05.21 12:31
Timely delivery, strict implementation of the contract provisions of the goods, encountered special circumstances, but also actively cooperate, a trustworthy company!
By Agatha
from
Yemen
-
2018.12.30 10:21
