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- AAA Lendings Non-QM Salary borrower Program – WVOE (Written Verification of Employment) – AAA Lendings
Overview It’s a good choice for wage earner who can not be qualified with agency loan and do not want to provide varities of income documents. Program Highlights 1) Foreign national allowed; 2) 12 months reserves calculated on PI; 3) No paystub / W-2 / tax return needed; 4) Gift funds allowed; 5) Loan amount up to $2.5M; 6) Down payment as low as 30%; 7) Min. FICO 680. What is WVOE? A Written Verification of Employment (WVOE) is a form to be completed by a borrower’s... -
- 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 Non-DTI ratio Program – Asset Depletion (Asset Only) – AAA Lendings
Overview Not all borrowers fit neatly into the boxes required by traditional lenders. Some borrowers are investors, self-employed, entrepreneurs, retired, or simply living off their investments. They are financially responsible people, but they might not have sources of income that are easily quantifiable. AAA LENDINGS Mortgage’s Asset depletion programs allow these kinds of borrowers to use their personal and business assets as a means to qualify for a home mortgage. Progr... -
- 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 Non-QM Non-DTI ratio Program – Asset Depletion (Asset Only) – AAA Lendings
Overview Not all borrowers fit neatly into the boxes required by traditional lenders. Some borrowers are investors, self-employed, entrepreneurs, retired, or simply living off their investments. They are financially responsible people, but they might not have sources of income that are easily quantifiable. AAA LENDINGS Mortgage’s Asset depletion programs allow these kinds of borrowers to use their personal and business assets as a means to qualify for a home mortgage. Progr... -
- 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... -
- 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 DSCR (Debt Service Coverage Ratio) Program – AAA Lendings
Overview DSCR (Debt Service Coverage Ratio) Program. This is the easiest program among all of the Non-QM programs. Income/ Employment Status/ Tax Return is not required. Program Highlights 1) Up to $2M Loan Amount; 2) Up to 80% LTV; 3) 660 or higher Credit Score; 4) May close in entities; 5) No limits on number of properties financed; 6) SFRs, 2-4 Units, Condos, Townhomes, Condotels, and Non-Warrantable Condos are available. What is DSCR? Do you know how to qualify a house... -
- 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 Enhanced R series – Elite WVOE – AAA Lendings
Overview Similar with WVOE. CA, CO, GA, IL, VA, WA are available. Program Highlights 7/6 ARM (5/1/5) 1) Foreign national allowed; 2) No paystub / W-2 / tax return needed; 3) Gift funds allowed; 4) Loan amount up to $2.0M; 5) Down payment as low as 30%; 6) Min. FICO 680. What is Elite WVOE? Did the Lender condition updated paystubs again and again? Did the lender calculate your income and tell you that you are not qualify with the house mortgage? Are you hard to find your c... -
- 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...