-
- AAA Lendings Jumbo Loan – AAA Lendings
Overview Loan amount exceeds the limits for a conventional conforming loan. Program Highlights 30 Years fixed 1) Rental income can be used with 2 years landlord experiences history; 2) No Mortgage Insurance needed; 3) Max. DTI 45%; 4) Max. LTV 85% for purchase & R/T; Max. LTV 75% for C/O; 5) Max number of financed properties: ① Primary – No Limit, ② 2nd & Investment Property – Max. 20; 6) Max. Loan Amount $3.0M; 7) Max. cash-out amount $500,000; 8) Min. 12 m... -
- AAA Lendings Non-QM Self-employed borrower program – P&L (Self Prepared Profit & Loss Only) – AAA Lendings
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 ... -
- AAA Lendings Non-QM 12 or 24-Month Personal / Business Bank Statements Program – AAA Lendings
Overview Self-employed borrower with excellent credit whose income stated on their tax return won’t qualify them for the luxury home they can afford. Qualify with 100% on Personal Account Deposits and 50% on Business Account Deposits (12 consecutive months). Program Highlights 1) Up to $4M Loan Amount; 2) Up to 80% LTV; 3) Self-Employed and 1099 Borrowers; 4) 660 or higher Credit Score; 5) No reserves required for LTV at 75% or less; 6) No 4506T / No K1 / No P&L required; 7... -
- AAA Lendings Enhanced R series – Elite True Stated Income – AAA Lendings
Overview Similar with True Stated Income. CA, CO, GA, IL, VA, WA are available. Program Highlights 7/6 ARM (5/1/5) 1) No P&L Needed; 2) No WVOE Needed; 3) No Tax Returns Needed; 4) No 4506-T Needed; 5) Gift funds allowed; 6) Loan amount up to $2.0M; 7) Purchase & R/T Refinance are available. What is Elite True Stated Income? • Do you know how to use enough assets only to qualify for you house mortgage loan? • Were you suspended or denied by the lender for a WVOE (W... -
- AAA Lendings Enhanced R series – Elite True Stated Income – AAA Lendings
Overview Similar with True Stated Income. CA, CO, GA, IL, VA, WA are available. Program Highlights 7/6 ARM (5/1/5) 1) No P&L Needed; 2) No WVOE Needed; 3) No Tax Returns Needed; 4) No 4506-T Needed; 5) Gift funds allowed; 6) Loan amount up to $2.0M; 7) Purchase & R/T Refinance are available. What is Elite True Stated Income? • Do you know how to use enough assets only to qualify for you house mortgage loan? • Were you suspended or denied by the lender for a WVOE (W... -
- AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of assets, which can cover the purchase price or loan amount and closing cost. No employment info required; No DTI. Program Highlights 1) Up to 75% LTV; 2) Up to $4M loan amount; 3) Primary residence only; 4) No limits on number of properties financed; 5) At least 6 months reserves from borrower’s own funds. What is ATR-In-Full? The ATR-In-Full program is also an asset program, which is qualified with asset ... -
- AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of assets, which can cover the purchase price or loan amount and closing cost. No employment info required; No DTI. Program Highlights 1) Up to 75% LTV; 2) Up to $4M loan amount; 3) Primary residence only; 4) No limits on number of properties financed; 5) At least 6 months reserves from borrower’s own funds. What is ATR-In-Full? The ATR-In-Full program is also an asset program, which is qualified with asset ... -
- AAA Lendings Jumbo Loan – AAA Lendings
Overview Loan amount exceeds the limits for a conventional conforming loan. Program Highlights 30 Years fixed 1) Rental income can be used with 2 years landlord experiences history; 2) No Mortgage Insurance needed; 3) Max. DTI 45%; 4) Max. LTV 85% for purchase & R/T; Max. LTV 75% for C/O; 5) Max number of financed properties: ① Primary – No Limit, ② 2nd & Investment Property – Max. 20; 6) Max. Loan Amount $3.0M; 7) Max. cash-out amount $500,000; 8) Min. 12 m... -
- AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings
Overview Similar with P&L. CA, CO, GA, IL, VA, WA are available. Program Highlights 7/6 ARM (5/1/5) 1) No CPA signature needed; 2) Foreign national allowed; 3) Loan amount up to $2.0M; 4) No tax returns needed; 5) Gift funds allowed; 6) Down payment as low as 30%; 7) Min. FICO 680. What is Elite P&L? Who can apply for Elite P&L? • Are you a self-employed borrower? • Did the lender require your business bank statements to get loan qualified? Did your mortgage le... -
- AAA Lendings Non-QM 12 or 24-Month Personal / Business Bank Statements Program – AAA Lendings
Overview Self-employed borrower with excellent credit whose income stated on their tax return won’t qualify them for the luxury home they can afford. Qualify with 100% on Personal Account Deposits and 50% on Business Account Deposits (12 consecutive months). Program Highlights 1) Up to $4M Loan Amount; 2) Up to 80% LTV; 3) Self-Employed and 1099 Borrowers; 4) 660 or higher Credit Score; 5) No reserves required for LTV at 75% or less; 6) No 4506T / No K1 / No P&L required; 7... -
- AAA Lendings Second Loan – AAA Lendings
Overview Standalone & Piggyback. Second Loan Only is acceptable. * Subject property should have a first mortgage. * AZ, CA, CO, FL, GA, IL, MD, MI, MN, OH, OR, PA, SC, VA, WA are available. Program Highlights 15 Years Term. Other term options（5 yrs, 10yrs, 20yrs, 30yrs). 1) No Prepayment Penalty; 2) 1 Unit & Up to 90% CLTV; 3) Min. FICO 680; 4) Max. Loan Amount $250,000; 5) Primary & Second home are eligible. Credit Guideline (1) If there are past due unpaid ... -
- AAA Lendings Non-QM Salary & Self-employed borrower Asset Program – True Stated Income – AAA Lendings
Overview Use Borrower’s 6 months deposits of monthly income to support the stated income in 1003. Program Highlights 1) No P&L Needed; 2) No WVOE Needed; 3) 12 months reserves calculated on PI; 4) Gift funds allowed; 5) Loan amount up to $2.5M; 6) Purchase & No R/T. What is True Stated Income? • Do you know how to use asset only to qualify for you house mortgage loan? • Were you suspended or denied by the lender for a WVOE (Written Verification of Employment) progr...