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- AAA Lendings Non-QM Salary & Self-employed borrower Asset Program – True Stated Income – AAA Lendings
Overview Use borrower’s asset to qualify, borrower’s assets need to cover at least 6-month deposits of monthly income. Details 1) No P&L Needed; 2) No WVOE Needed; 3) 12 months reserves calculated on PI (Not PITIA other lender required); 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 lend... -
- AAA Lendings Non-QM Interested Program – Full Docs (Similar with Conventional Loan) – AAA Lendings
Overview Full Docs, for borrowers who can not do Non-agency Jumbo. More loan amount/Higher DTI/Higher LTV/ Unlimited financed properties. Details 1) Max. DTI 55%; 2) Up to $4M loan amount; 3) Up to 80% LTV; 4) No MI (Mortgage Insurance); 5) 660 or higher credit scores; 6) 6 months or more reserves; 7) 1-year tax return. What’s this Full Docs? Did you ever met below situation? • Lender can not permit your high loan amount request. • Can’t you get to the LTV you want? • Can&... -
- AAA Lendings No Docs No Credit – AAA Lendings
Overview No Docs No Credit. 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) Details Not needed: 1) Income; 2) DTI; 3) DSCR; 4) Credit Report; 5) Tax Return; 6) Employment. Allowed: 1) Max. 70% LTV... -
- AAA Lendings Non-QM Non-DTI ratio Program – Asset Depletion (Asset Only) – AAA Lendings
Overview A borrower sold their multi-million dollar business and then found the home of their dreams but had no source of income to document. Details 1) Up to $2.5M loan amount; 2) Up to 80% LTV; 3) DTI ratio is 50%; 4) Cash-out is accepted; 5) No need employment information in loan application; 6) Asset divide 84 or fixed loan terms to get the borrrower qualified income. What is Asset Depletion？ • Is your job or income failed to qualify a mortgage loan? • Do you have eno... -
- AAA Lendings No n-QM DSCR (Debt Service Coverage Ratio) Program – AAA Lendings
Overview The most simple product in the varieties of Non-QM programs. No Income/No Employment/No Tax Returns. Investment property ONLY. Details 1) Up to $2M loan amounts; 2) Up to 80% LTV; 3) 660 or higher credit scores; 4) Can 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 mortgage loan without any job information ... -
- AAA Lendings Non-QM Interested Program – Full Docs (Similar with Conventional Loan) – AAA Lendings
Overview Full Docs, for borrowers who can not do Non-agency Jumbo. More loan amount/Higher DTI/Higher LTV/ Unlimited financed properties. Details 1) Max. DTI 55%; 2) Up to $4M loan amount; 3) Up to 80% LTV; 4) No MI (Mortgage Insurance); 5) 660 or higher credit scores; 6) 6 months or more reserves; 7) 1-year tax return. What’s this Full Docs? Did you ever met below situation? • Lender can not permit your high loan amount request. • Can’t you get to the LTV you want? • Can&... -
- AAA Lendings Enhanced R series – Elite WVOE – AAA Lendings
Overview Similar with WVOE. 7/6 ARM (5/1/5). CA, CO, GA, IL, VA, WA are available. Details 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 copies of W... -
- AAA Lendings AAA Conventional Conforming Loans for most of the Borrowers in United States – AAA Lendings
What is conventional Conforming Loan? A conforming loan is a mortgage with terms and conditions that meet the funding criteria of Fannie Mae and Freddie Mac. Conforming loans cannot exceed a certain dollar limit, which changes from year to year. In 2022, the limit is $647,200 for most parts of the U.S. but is higher in some more expensive areas. You can search on the internet for each county loan conforming loan limits for current year. The mission of Fannie Mae and Freddie Mac resu... -
- AAA Lendings Enhanced R series – Elite True Stated Income – AAA Lendings
Overview Similar with True Stated Income. 7/6 ARM (5/1/5). CA, CO, GA, IL, VA, WA are available. Details 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 asset only to qualify for you house mortgage loan? • Were you suspended or denied by the lender for a WVOE (Written Verificatio... -
- AAA Lendings Second Loan – AAA Lendings
Overview Standalone Second Loan. Second Loan Only is acceptable. 15 Years Term. Other term options（5 yrs, 10yrs, 20yrs, 30yrs). * Subject property should have a first mortgage. * AZ, CA, CO, FL, GA, IL, MD, MI, MN, OH, OR, PA, SC, VA, WA are available. Details 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; 6) Piggyback’s available. Credit Guideline (1) If there are... -
- AAA Lendings No Docs No Credit – AAA Lendings
Overview No Docs No Credit. 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) Details Not needed: 1) Income; 2) DTI; 3) DSCR; 4) Credit Report; 5) Tax Return; 6) Employment. Allowed: 1) Max. 70% LTV... -
- AAA Lendings Non-QM Self-employed borrower program – P&L (Self Prepared Profit & Loss Only) – AAA Lendings
Overview For self-employed borrowers only, who can not go with agency mortgage loans, and do not want to provide varities of income documents. Details 1) No CPA signature needed; 2) Foreign national allowed; 3) Loan amount up to $10M; 4) 12 months reserves calculated on PI (Not PITIA other lender required); 5) No tax returns needed; 6) Gift funds allowed; 7) Down payment as low as 30%; 8) Min. FICO 680. What’s Self-prepared P&L? Who can apply for this program? • Are yo...