Wholesale - AAA Lendings Second Loan – AAA Lendings lender and investor

Product Detail

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. Mortgage Broker Vs Real Estate Agent , Mortgage Lender Rates , Loan Estimate For Your Mortgage , Beyond traditional mortgage products, we offer a range of niche lending solutions that cater to specific client needs. Our 'Non-QM' loan products are designed for unconventional financial scenarios, making us a go-to lender for borrowers who don't fit the traditional mold. We believe that there is a mortgage for everyone, and our specialized loan options demonstrate our commitment to inclusivity.

– AAA Lendings Second Loan – AAA Lendings Detail:

Title SL

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:

In the world of mortgage lending, accessibility is key. Our digital mortgage platform is designed with your convenience in mind. You can apply for a mortgage, upload documents, and track your loan progress online, all from the comfort of your home. We've created an engaging digital experience that puts you in control, ensuring that you can manage your mortgage application at your own pace, 24/7. – AAA Lendings Second Loan – AAA Lendings , The product will supply to all over the world, such as: Angola , Ukraine , Madagascar , Strong infrastructure is the need of any organization. We are backed with a robust infrastructural facility that enables us to manufacture, store, quality check and dispatch our products worldwide. To maintain smooth work flow, we have sectioned our infrastructure into a number of departments. All these departments are functional with latest tools, modernized machines and equipment. Owing to which, we are able to accomplish voluminous production without compromising upon the quality.

-AAA Lendings

The customer service staff is very patient and has a positive and progressive attitude to our interest, so that we can have a comprehensive understanding of the product and finally we reached an agreement, thanks!