11/06/2023

 

Home financing has never looked this good! For those dreaming big but cringing at the thought of high-interest rates, the AAA Elite Jumbo Loan is here to change the game.

Why Choose ELITE JUMBO？

1. Rate Discounts

The higher the deposit ratio, the more significant the interest rate discount. Indeed, this rate discount is what sets our product apart from similar products in the market. AAA Elite Jumbo offers rate discounts based on your deposit amount. You can opt for the following deposit options：

Deposit % of Loan Amount	Discount to Rate
20%	0.500%
30%	0.625%
40%	0.750%
50%	0.875%

 

Here’s an example using the 5/6 ARM product of how this will work to obtain the lower interest rate：

 

 

If a client intends to buy a primary residence, has a credit score of 720, a Loan-to-Value (LTV) ratio of 70%, and a loan amount of $1 million, based on AAA LENDINGS' Elite Jumbo rates as of October 31, 2023, by depositing 50% of the loan amount, the client can obtain a 6.5% discounted rate. Compared to the prevalent market rates of over 7.5%, our ELITE JUMBO allows clients to enjoy low rates, similar to a CONFORMING LOAN.

 

Simply deposit in a designated AAA account, keep it for a year, and avail these exclusive discounts. What's even more exciting? This fixed deposit earns interest!!!

2. Flexible Deposit Sources

The deposits can come from gifts or personal savings. If it's the client's own money, it can also serve as a reserve for the loan！

Q&A

What's the maximum LTV and loan amount?

——Max. LTV 90%, Max. loan amount $4M，to cater to all your loan needs.

What Amortization types are available?

——This product is only suitable for 5/6 ARM and 7/6 ARM Jumbo loans and is not applicable for other repayment options. Amortization type refers to how the loan is repaid over time, determining the allocation of principal and interest in each payment.

Is there an option with no deposit?

——A deposit is mandatory to avail the discount.

What's the deadline for the deposit?

——Deposit before the loan's CTC (Final approval). Once deposited, the note rate will be adjusted accordingly.

What's the minimum deposit amount?

——The minimum deposit for this product is 20% of the loan amount. We offer four deposit ratios: 20%, 30%, 40%, and 50% for your flexibility.

Can the deposit be used for down payment?

——No, this deposit is exclusive of the down payment and closing costs. It needs to be deposited in a designated account and kept fixed for a year.

Will the interest rate be affected if the deposit is withdrawn early？

——Early withdrawal is not permitted; otherwise, the interest will revert to the original high rate.

Are there any other special requirements?

——No other special requirements. All other conditions follow the 5/6 ARM and 7/6 ARM Jumbo guidelines on the AAA official website.

In conclusion, the AAA Elite Jumbo Loan offers you a financial solution that's both economical and flexible. Whether you're a first-time homebuyer or seeking a refinancing opportunity, this product is your ideal choice. Don't miss out on this unique opportunity. Contact us now and embark on your financial journey!

Statement: This article was edited by AAA LENDINGS; some of the footage was taken from the Internet, the position of the site is not represented and may not be reprinted without permission. There are risks in the market and investment should be cautious. This article does not constitute personal investment advice, nor does it take into account the specific investment objectives, financial situation or needs of individual users. Users should consider whether any opinions, opinions or conclusions contained herein are appropriate to their particular situation. Invest accordingly at your own risk.