– 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:
AAA LENDINGS takes pride in our community involvement and social responsibility. We believe that being a responsible lender means giving back to the communities we serve. Our team actively participates in charitable initiatives, supporting local causes, and promoting financial literacy. We're not just in the business of providing loans; we're invested in making a positive impact on the lives of our clients and the communities they call home. – AAA Lendings Second Loan – AAA Lendings , The product will supply to all over the world, such as: Guinea , Toronto , Dominica , Our products have enjoyed a great reputation for their good quality, competitive prices and prompt shipment in international market. Presently, we are sincerely looking forward to cooperating with more overseas customers based on mutual benefits.
By Christopher Mabey
from
panama
-
2018.10.09 19:07
Staff is skilled, well-equipped, process is specification, products meet the requirements and delivery is guaranteed, a best partner!
By Coral
from
Indonesia
-
2018.06.19 10:42
