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What is the APR?
When you’re refinancing or taking out a mortgage, keep in mind that an advertised interest rate isn’t the same as your loan’s annual percentage rate (APR). What’s the difference? ● Interest rate refers to the annual cost of a loan to a borrower and is expressed as a perc...Read more -
What is an IRA?
What is an IRA? An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. Types of IRAs There are 3 main types of IRA...Read more -
What is a subordination agreement
A subordination agreement is a legal document that establishes one debt as ranking behind another in priority for collecting repayment from a debtor. Despite its technical-sounding name, the subordination agreement has one simple purpose. It assigns your new mortgage to ...Read more -
What Is a Home Equity Loan?
A home equity loan—also known as an equity loan, home equity installment loan, or second mortgage—is a type of consumer debt. Home equity loans allow homeowners to borrow against the equity in their home. The loan amount is based on the difference between the home’s curr...Read more -
What is 1031 exchange account
In the United States, many investors will often upgrade and replace investment houses, which will produce high value-added tax and capital income tax in the process of trading, which is very uneconomical. However, the IRS has issued a policy of legal tax avoidance when b...Read more -
What is “NO Ratio” DSCR?
No ratio DSCR means that the ratio of the monthly rental income of the rent to the monthly repayment amount of the house, tax, insurance and property management fee is equal to "0", that is, you can apply for DSCR loan products with "zero" ratio. In our previous loan ope...Read more -
What if I can not qualify a conventional loan?
Conventional loans have restrict requirements of DTI ratio/ Reserves/ LTV/ Credit situation. Generally, most of the borrowers may qualify a conventional loan with higher income and credit score. While for some borrowers, their income is lower or having variety types of i...Read more -
Types of the loan product we can provide to you
AAA Capital investment designed the different kinds of the loan product to help you buy the property you want. 1- Non-QM loan- Best for you without a good credit score and a stable income. No need your pay stub or W2. We have dozens of products, and there's always one fo...Read more -
How to qualify income for Temporary leave?
Temporary leave due to COVID-19 from an employer may encompass various circumstances (e.g. family and medical, short-term disability, maternity, other temporary leaves with or without pay). During a temporary leave, a borrower’s income may be reduced and/or completely in...Read more -
Tax return introduction
Keywords: Tax return; IRS tax filing extension; Overseas Do you feel confused when tax return should be used to qualify your loan？which year of your tax return should be provided？ There are four time points you need to be aware of：...Read more -
Agency requirements about Ownership less than 25%
Keywords: Fannie Mae; Self-employed; Ownership less than 25% Below is agency guideline requirements about borrower’s ownership less than 25% in a business, please read carefully, highlighted especially: ...Read more -
Non-QM Mortgage Loans
Keywords: No paystub; No W2; No Tax Return; No 4506-T; No DU/LP Non-QM loans are an alternative to qualified mortgage (QM) loans. More specifically, a Non-QM loan is one that is not required to meet the federal government and Consumer...Read more