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- 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 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 Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of asset, which can cover the purchase price or loan amount and closing cost. No employment info; 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 only. We w... -
- AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of asset, which can cover the purchase price or loan amount and closing cost. No employment info; 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 only. We w... -
- 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 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 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 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 Jumbo Loan – AAA Lendings
Overview Higher loan amount limit than agency conventional loans. 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: Primary – No Limit; 6) 2nd & Investment Property – Max. 20; 7) Max. Loan Amo... -
- AAA Lendings No Doc No Credit – AAA Lendings
Overview 5 Years Fixed Rate Balloon. 30 Years Amortization Term. 4-Year P&I (Principal & Interest) Reserves Required. Max. Loan Amount $7,500,000. One Month Bank Statement, No Need to Source Large Deposit *Reserves shall be deposited into AAA LENDINGS’s designated bank account (Reserve Account: Non-Interest Depository Account) Program Highlights Not needed: 1) Income; 2) DTI; 3) DSCR; 4) Credit Report; 5) Tax Return; 6) Employment. Allowed: 1) Max. 70% LTV; 2) 100... -
- AAA Lendings No Doc No Credit – AAA Lendings
Overview 5 Years Fixed Rate Balloon. 30 Years Amortization Term. 4-Year P&I (Principal & Interest) Reserves Required. Max. Loan Amount $7,500,000. One Month Bank Statement, No Need to Source Large Deposit *Reserves shall be deposited into AAA LENDINGS’s designated bank account (Reserve Account: Non-Interest Depository Account) Program Highlights Not needed: 1) Income; 2) DTI; 3) DSCR; 4) Credit Report; 5) Tax Return; 6) Employment. Allowed: 1) Max. 70% LTV; 2) 100... -
- AAA Lendings HELOC – AAA Lendings
Overview Standalone & Piggyback. The HELOC program is Home Equity Line Of Credit. Index + Margin. 30 Years term, 10 Yrs I/O Draw Period followed by 20 Years Amortization. * Index: Prime Mortgage Rate floated with the market. Margin: Subject to loan scenarios, Margin Min. 1%, Fixed. Lifetime Max Rate: 18%. Lifetime Rate Floor: 2.5%. Program Highlights 1) No Prepayment Penalty; 2) No Annual Fee; 3) Primary & Second home are eligible; 4) 1 Unit & Up to 90% HCL...