-
- 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) Details 1) Up to $4M loan amounts; 2) Up to 80% Max LTV; 3) Self-Employed and 1099 Borrowers; 4) 660 or greater credit scores; 5) No reserves required at 75% or less LTV; 6) No 4506T / No K1’s / No P&L’s; 7) No MI(Mortga... -
- 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 lower as 30%; 6) Min. FICO 680. What’s the program? Did you have ever meet this kind of case? Did the Lender condition updated paystubs again and again? Did the lender calculate your income and tell you not qualify with the house mortgage? Are you har... -
- AAA Lendings Salary Borrower Non-QM Program – WVOE (Written Verification of Employment) – AAA Lendings
Overview Wage earner borrowers only, who can not go with agency mortgage loans, and do not want to provide varities of income documents. Details 1) Foreign national allowed; 2) 12 months reserves calculated on PI(Not PITIA other lender required); 3) No paystub / W-2 / tax return needed; 4) Gift funds allowed; 5) Loan amount up to $2.5M; 6) Down payment as lower as 30%; 7) Min. FICO 680. What’s the program? Did you have ever meet this kind of case? Did the Lender condition ... -
- AAA Lendings Second Loan – AAA Lendings
Overview Second Loan Only is acceptable. * Subject property should have a first mortgage. * This Program can be available on AZ,CA,CO,FL,GA,IL,MD,MI,MN,OH,OR,PA,SC,VA,WA. 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 eligible. Credit Guideline (1)If there are past due unpaid Federal income taxes, provide installment agreement with the IRS, payment history showing at least ... -
- 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 the program？ • Is your job or income failed to qualify a mortgage loan? • Do you have enough ... -
- AAA Lendings AAA Non-Conforming Loan – Jumbo Loan(High Loan Amount) – AAA Lendings
Overview High loan amount limit than agency conventional loans. Details 1) Max DTI 43%; 2) Up to $2M Loan Amounts; 3) Up to 80% Max LTV; 4) 2-year tax returns are required; 5) No MI(Mortgage Insurance); 6) 720 or greater credit scores; 7) 12 or more months reserves; 8) SFRs, 2-4 Units, PUDs，Condos; 9) Non-AUS products. What is Jumbo Loan? A jumbo loan is a type of financing that exceeds the limits set by the Federal Housing Finance Agency and cannot be purchased, guarante... -
- AAA Lendings Non-QM Interested Program – Diamond Jumbo (Similar with Conventional Loan) – AAA Lendings
Overview Diamond Jumbo, 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 greater credit scores; 6) 6 or more months reserves; 7) 1-year tax return is available. What’s this program? Did you ever met below situation? • Lender can not permit your high loan amount request? • Can’t you get to the high... -
- AAA Lendings Non-QM Interested Program – Diamond Jumbo (Similar with Conventional Loan) – AAA Lendings
Overview Diamond Jumbo, 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 greater credit scores; 6) 6 or more months reserves; 7) 1-year tax return is available. What’s this program? Did you ever met below situation? • Lender can not permit your high loan amount request? • Can’t you get to the high... -
- AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of money, which can cover the purchase price or loan amount and closing cost. No employment info; No DTI. Details 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-month reserves from borrower’s own funds. What’s this program? The ATR-In-Full program is also a asset program, which is qualified with asset only. A good choice of ... -
- 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) Details 1) Up to $4M loan amounts; 2) Up to 80% Max LTV; 3) Self-Employed and 1099 Borrowers; 4) 660 or greater credit scores; 5) No reserves required at 75% or less LTV; 6) No 4506T / No K1’s / No P&L’s; 7) No MI(Mortga... -
- 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 Cash out available. What’s this program? • Do you know how to use asset only to qualify for you house mortgage loan? • Were you suspended or denied by ... -
- AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of money, which can cover the purchase price or loan amount and closing cost. No employment info; No DTI. Details 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-month reserves from borrower’s own funds. What’s this program? The ATR-In-Full program is also a asset program, which is qualified with asset only. A good choice of ...