12/09/2023

In this era full of opportunities and challenges, many people aspire to realize their dreams of real estate investment but are limited by the complex processes and strict requirements of traditional loans. AAA company has launched the “No Job No Income” product (No Job No Income Program), designed specifically for borrowers who are unable to provide traditional income proof, helping you overcome income barriers and easily realize your dream of buying a home.

Product Features

1. No need for employment and income
Our product eliminates the tedious income proof process required for traditional loans, providing you with a more convenient loan method. Simply deposit the corresponding reserve funds into an AAA-designated account and set it as a 25-month or 37-month fixed deposit. Depending on the borrower and the actual loan situation, the reserve fund deposit will have two methods: 24 months principal plus interest and 36 months principal plus interest. In addition, we have lenient requirements for large deposits, as long as the deposit amount is reasonable and less than 5% of the loan amount, no need to provide a source explanation!

2. Wide range of loan uses and flexible amortization types
Whether you are buying a house, refinancing, or cash-out refinancing, and whether your needs are for a primary residence, vacation home, or investment property, our product can easily meet your needs. We offer 3/6 ARM and 5/6 ARM two types of amortization to better adapt to the changing economic environment. Even if interest rates fall in the near future, the short-term floating type allows you to refinance without worry, providing more flexibility for your financial planning.

3. No additional financial burden
Whether you choose 3/6 ARM or 5/6 ARM, our No Job No Income product has no prepayment penalties and does not include balloon loan (No Balloon Payment) clauses, allowing you to loan and buy a house with peace of mind.

4. Reasonable down payment ratio
Our product has a maximum loan amount of up to $2.5M, with down payment ratios ranging from 40% to 50% depending on the use of the house. The specifics are as follows:

Housing Type	Maximum Loan Ratio
Primary residence	60%
Non-primary residence	55%
Non-permanent resident/foreign citizen	50%

5. Applicable to various borrower identities

Our loan product is suitable for various types of borrowers, including:
● U.S. citizens: No need to worry about the complicated processes of traditional loans.
● Permanent residents: Even without a stable work record, you can easily get a loan.
● Foreign citizens: Providing a convenient loan path for foreign investors.
● Non-permanent residents: Investing in the U.S. is no longer a problem.

Frequently Asked Questions

Which states is this product applicable to?
——This product is applicable in CA, IL, HI.

Do you accept Power of Attorney (POA)?
——Yes, we accept Power of Attorney.

Can I use business funds and gift funds?
——Business funds cannot be used, and gift funds cannot be used.

Do you accept C08 or holders of temporary green cards?
——Accepted.

Is there an option for Buy Down interest rates?
——Yes, we offer the option of Buy Down interest rates, please call for details.

Do I need additional reserve funds?
——Two months of bank statements are required, just deposit 24 months principal plus interest or 36 months principal plus interest for 25 months or 37 months, no additional reserve funds are needed. Please note that there will be a penalty for early withdrawal of fixed deposits, the penalty amount is equivalent to 180 days of interest.

Is there a prepayment penalty?
——No.

As one of the few companies in the market that can offer such products, AAA company has a very high competitive advantage. We are customer-centric, committed to providing you with the best loan solutions. If you are self-employed, although your income is sufficient but your income files are not ideal; or if you are a worker with unstable work or a long gap period and have just found a job recently; or if you are a foreign investor, then this loan product is very suitable for you. Please contact us to get a loan plan that suits you!

Video: No Job No Income – No job and income? No worries! AAA helps you speed up the realization of your home-buying dreams

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.